Two areas of south Wales have been named among the best places for landlords to buy a property cheaply and make a profit renting them out, according to The Telegraph. The newspaper said there is "a huge interest from investors, especially from London and Bristol" in the Valleys with properties selling in days.
The newspaper highlighted Blaenau Gwent and Merthyr Tydfil as examples, explaining how landlords could make profits of around 10% from a £25,000 investment. It said that property investment in the area could be "fruitful" due to a shortage of properties in the area.
Rent prices across the UK have been driven up in recent years by a shortage of homes compounded by the huge demand among renters for bigger properties, triggered by the pandemic.
