LETTINGS NEWS: Buy To Let is better investment than gold, shares or savings
New research has measured the returns from four of the country’s most popular ways of investing – and buy to let has handsomely beaten the others for a good return.
The research compared what an investor would have enjoyed in each of the four markets had they invested an initial £50,000 in early autumn 2006: the result was based on figures at the end of September this year.
It showed the buy to let market generating a 175 per cent return over the last 10 years, equating to a total return of £138,936: this is rental income plus capital appreciation.
In comparison, gold delivered a profit of just over 100 per cent to make a total £100,673. Interest on long-term savings accounts took that total to £64,447 while if the £50,000 was invested in the FTSE 100 there would be a final total of just £52,969 as of late September.
These figures are based on average rental income and house price rises across the UK, so some areas will perform above this average and some below – but the result is a clear victory for buy to let.