Landlords saw a 7.6% annual return on their investments by the end of December 2009, according to the latest index from LSL Property Services.
The value of their properties rose 3% in the year while rental income after void periods added a further 4.6%. In 2009, a typical landlord made a return of £12,740. This was a combination of capital gains of £4,831 on each property and £7,909 in rental income. By contrast, in 2008, a typical landlord would have lost 8.8% even after allowing for rental income. They lost £23,000 in capital as the property fell in value, and earned £7,900 in rent for the full year, leading to a total loss of £15,100. David Brown, commercial director of LSL Property Services, says: "Despite the worst rec...
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