Barratt welcomes buy to let boost in South Wales

Wales has topped the tables as a hotspot for buy to let investors with the highest rental yields in England and Wales.

According to the analysis from letting agency Countrywide in its Monthly Lettings Index, the greatest yields are in Wales with the best returns achieved on one and two bedroom homes.

Richard Lawson, sales director from Barratt Homes in South Wales, said there has been increased investor activity in recent months, supporting the region as a buy to let hotspot.

“We have seen an increasing number of landlords looking for properties to buy in South Wales with homes in Swansea and the Rhondda proving particularly popular,’’ he said.

Richard said the one and two bedroom apartments are popular with first time investors and those who are building up their portfolio.

“Investors are looking for properties which are easy to let, don’t need any maintenance and provide a good return on their investment,’’ added Richard.

For further information about Barratt development in the region and investment opportunities log onto barratthomes.co.uk.