Buy-to-let hotspot

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PORTSMOUTH has been listed as the eight best place in the UK to invest in buy-to-let properties.

The research, conducted by HSBC, found Southampton to have the best potential buy-to-let returns, with an average house price of £143,011, average annual rent of £12,480 and a yield – annual profit – of 8.73 per cent.

Portsmouth featured eighth on the list with an average house price of £146,709, an average annual rent of £9,540 and a yield of 6.5 per cent.

Manchester was second.

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