Question to the Department for Transport:
To ask the Secretary of State for Transport, how much is received annually in rental income from the 782 properties purchased along the route of HS2.
In financial year 2024/25, a total of 1,723 properties were managed within the HS2 Managed Property Portfolio along the route of HS2 Phase 1 and the former Phase 2. This included residential, commercial, agricultural, forestry and wayleave interests, which collectively generated an annual rental income of £24 million. This income was fully used to offset the costs of managing properties acquired for HS2. Annual rental income naturally fluctuates as the proportion of tenanted properties changes over time.