Is buy-to-let worth it in the UK in 2024?
For those who do it right, buy-to-let is still very lucrative. Rental yields are on the increase, having now risen for 3 consecutive quarters and averaging 6.9% across England and Wales. In Scotland, average gross yield is slightly higher at 7.1%.
Rent price levels are also continuing to increase, up by between 5-6% in 2024 and seeing cumulative growth of around 20% or more over the next five years. As inflation settles this will allow for good levels of rental profit to be made
