The Diversification Dividend

2025

1. Foreword by John Gathergood

Professor of Economics at Nottingham University

2. How geographically diverse are landlords today?

Financial investors have long the known the value of diversification, but does it also benefit property investors?

3. The sums – does it pay off?

What impact does spreading a portfolio across the country have on returns? And does it reduce risk?

4. Pros and Cons of Diversifying

5. How far should investors go to diversify geographically?

While diversification offers tangible benefits for property investors, our research suggests that there are limits to how far they need to go.

6. Executive Summary

Download a PDF of...
Buy-to-Let 2025 report