New report by JLL suggests BTR schemes command a rental premium of 9.3%.
The sample size is small, partly due to the reluctance of some landlords to share data, and partly due to the lack of schemes open for more than a year. However, it does shed light on who is occupying BTR schemes, what rents they are paying and what the gross-to-net margins are for landlords.
In terms of rents, the seven schemes – which are not named to protect the landlords’ privacy – command on average 9.3% more than other rental properties in a 1km radius.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts