East London Boasts The Highest Rental Yields
July 3rd, 2021
East London Continues to Offer The Best Rental Yields in The Capital
According to a recent survey, east London continues to offer the best rental yields in the capital.
Within east London, the area of Abbey Wood has experienced an influx of savvy investors buying up affordable properties to let near the train station, thanks to the imminent arrival of the Crossrail. With 12 fast central London trains every hour, the promise of this service has significantly bolstered this area’s growth, taking top spot for the best rental yields throughout London for the quarter, at an impressive 6.7%. The highest yield in the area can be found along Yarnton Way to the east.
The latest rental yield research shows that some healthy rental yields are certainly found in London, especially in areas experiencing significant regeneration and Crossrail connection.
Dagenham Road are also benefiting from a proposed national rail service to Fenchurch Street Station in under 20 minutes. With easy access to Lakeside, Romford, and the A13, this area is perfect for commuters and lifestyle seekers alike, and the area is currently enjoying a healthy rental yield rate of 6.3%
Narrowly beating out Q1’s leading area (of Barking) for the third spot on this quarter’s charts is the East London area of Creekmouth. At 6%, the area is producing a strong yield despite being largely known for its industrial estate. This heavily industrial area is one of Dagenham’s greatest employment areas and is therefore popular with renters seeking convenience on a tight budget.
East London, Top Yields
Abbey Wood (East Yarnton Way) 6.7%
Dagenham Road, Beam River 6.3%
Little Heath 5.8%
Supporting Local Businesses in and around the Hackney area
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