What is a high-yielding property?
We often hear property investors and online communities discussing the term ‘high-yielding property’ and the talk of sourcing or obtaining such property. The question is, what is a high-yielding property? And why are high-yielding properties so important?
Yield explained
There are many different factors to consider when investing in the property market, with rental yields being one of the biggest factors to consider. Property investors must be fully aware of the rental yield on a property. Why? Because ultimately, the rental yield on a property indicates how much the investor is likely to make through rental income. Rental yields are commonly displayed as a percentage figure, calculated by taking the annual rental income and dividing it by the gross sum invested into the property.
What goes in must come out
When investing in property, it’s crucial that what you put into the property and what you take out of it remains firmly at the forefront of your mind. You must be able to achieve a good rental yield on your investment property. Failure to achieve a good rental yield on your investment property and you risk losing money when unexpected issues arise.
Ask the experts
ReadyLet Properties are experts in the highest property yields in the UK. They have been successfully investing in property in the North East of England for over 17 years thanks to the high rental yields, the ever-expanding economy and, of course, the flourishing job market. The properties sourced and renovated offer investors impressive yields ranging between 8-16%. Moreover, they also manage the entire process, including sourcing and managing tenants, meaning less worry for you.
You can find out more about how the process works below:
To summarise, having a high-yielding property is crucial to ensure your investment provides positive returns, removing the risk of only breaking even or losing money.
If you are interested in rental property and want to know more about how to invest in high-yield properties, then you’ve arrived at the perfect place. The friendly team of experts at ReadyLet is here to help from beginning to end - and thanks to their fully managed service, you needn’t sweat the small stuff. Contact ReadyLet today, and get things moving.