Property investor set to benefit as buy to let market remains strong across the south-east

22nd May 2012

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Property in London and the South-East will continue to produce the highest total returns over the next ten years for buy-to-let investors, according to research released in Rental Britain, published April 2012 by Savills and Rightmove.

This year, the number of privately rented homes in Britain has reached 4.8m - up from just 2.5m in 2002. A surge in demand from tenants over the past year has seen rents increase by an average of 5.2 per cent. Savills is forecasting rents to rise by a further 20 per cent on average over the next five years.

Lucian Cook, Director, Residential Research explains: "Rental incomes in Kent for example remain consistently strong. The report shows that Sevenoaks currently commands the highest rental income per month for a two bedroom apartment in Kent - averaging just under £1,000 per month, with Tunbridge Wells coming a close second.

"House price growth prospects in Kent are also expected to be much stronger than the UK as a whole, and towards the top end of the range expected for the South East. That means prospective total returns are likely to be attractive to cash rich investors," he continued.

Savvy investors looking to purchase a buy-to-let property in Sevenoaks, Kent, should consider the new development recently launched by developer Berkeley. Ryewood is a new collection of homes set adjacent to the idyllic Kent Wildlife Reserve yet only 29 minutesaway from London by train. It offers a range of properties including one and two bedroom apartments and two, three, four and five bed houses.

All the homes will be finished to a high specification with detailing such as chrome switches/sockets, downlighters and flooring included throughout. The fully fitted kitchens come complete with integrated appliances including a hob, cooker, fridge freezer and dishwasher. Many of the apartments have a private balcony or terrace and all houses have a garden and shed.

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