Flats and terraced houses are favoured most

Paragon Mortgages has revealed that flats and terraced houses are the property types most favoured by buy-to-let investors. On average, flats are the most popular property type amongst investors, making up 46% of the average landlord’s portfolio. They are then followed by terraced houses, which account for 34% of the average portfolio. John Heron, managing director of Paragon Mortgages, says: “Small terraced houses, flats and maisonettes are all popular rental property types amongst certain tenant groups, such as young professionals and students, particularly in busy cosmopolitan areas. In places where there is proven demand for this type of property, landlords can command high rents and attractive yields.”