between postcodes that voted Conservative and those that voted Labour.
Luton has reclaimed the top spot in the list, while previous number one Romford has been relegated to 10th due to a 2.13% decrease in capital gains and falling rental yields.
Manchester has entered the top 10 for the first time after displaying impressive rental price growth.
Christian Faes, co-founder and CEO of LendInvest, said: “Against a backdrop of all the political upheaval the country has endured in the last quarter, it isn’t surprising to see some significant changes in the performance of postcodes against one another.
“These shifts, however, are more isolated than systemic and the fact that there has not been a greater shakeup in the top 10 buy-to-let postcodes signals the durability and resilience of the UK property market.”
LendInvest ranks postcodes across England and Wales using a combination of yield, capital gains, rental price growth and transaction volumes.
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The top 10 buy-to-let postcodes
|
Yield |
Capital gains |
Rental price growth |
Transaction volume growth |
|
|
Luton |
4.54% |
12.83% |
7.37% |
-10.40% |
|
Stevenage |
4.05% |
11.64% |
7.47% |
-9.40% |
|
Rochester |
4.55% |
12.34% |
5.45% |
-9.40% |
|
Colchester |
4.29% |
14.14% |
4.14% |
-11.16% |
|
Dartford |
4.37% |
13.61% |
3.92% |
-10.94% |
|
Peterborough |
4.71% |
9.04% |
6.98% |
-10.67% |
|
Southend-on-Sea |
4.30% |
12.37% |
3.89% |
-10.26% |
|
Manchester |
6.11% |
7.58% |
7.53% |
-12.41% |
|
Canterbury |
4.36% |
9.34% |
6.62% |
-11.49% |
|
Romford |
4.81% |
14.42% |
1.28% |
-11.67% |
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