Investing in a buy-to-let in Fulham

In this blog post, we will take a closer look at some of the most important financial factors affecting buy-to-let investment in Fulham, including average rents, rental yields, rental demand, and house prices.

Average Rents

The average rent for a 1 bedroom flat in Fulham is £1,727 per month. A 2 bedroom flat will cost £2,816 per month, and a 3 bedroom flat £4,207 per month. These numbers are quite similar to the average in London, where the average rent for a 1 bedroom flat is £1,500 per month, a 2 bedroom flat is £2,000 per month, a 3 bedroom flat is £2,500 per month.

Rental Yield

The average rental yield for a 1 bedroom flat in Fulham is 2.5%. For a 2 bedroom flat, it is 2.9% and for a 3 bedroom flat it is 2.7%. The average rental yield for a house in Fulham is 2.2%. While these number are lower than the London average of 5.5-6%, the area still has interesting potential for investment due to high rental demand. Rental demand in Fulham is quite high, with an average of 12 viewings per property. This is higher than the London average, which is 10 viewings per property.

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House Prices

The average price for a 1 bedroom flat in Fulham is around £450,000, while a 2 bedroom flat or house will typically cost around £700,000. A 3 bedroom property in Fulham can fetch an average price of around £1,000,000. These prices are slightly higher than the average in London, but still within the typical range for the city.

Conclusion

Fulham has great potential for buy-to-let investments due to its competitive average rents, higher rental yields than London averages, high rental demand and rising house prices. The rental market in Fulham appears to be flourishing, making it an attractive option for potential investors. With the right research and careful planning, buy-to-let investments in Fulham can be a potential way to make a considerable return.

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