Landlords currently looking for the UK’s best buy-to-let areas should head north to places like Liverpool, Bradford and Sunderland, with new research revealing that they offer some of the highest rental yields, making them among the most lucrative hotspots for property investors at the moment.
Online broker Mojo Mortgages has analysed popular buy-to-let postcodes across the UK to find out where the best yield hotspots currently are, with the North West identified as one of the best regions that is currently generating high yields.
There are a number of profitable pockets in Liverpool city centre that are generating yields of more than 10%.
Bradford and Sunderland follow Liverpool, generating yields of 8% and 9% respectively.
Even postcodes towards the lower end of the top 20 such as those in Aberdeen and Glasgow are returning yields of 7%.
The research was conducted from 18th May to 25th May, using data from the Land Registry, Zoopla, OnTheMarket, and property portal PropertyData.co.uk.
|Postcode||Town||Region||Properties for rent||Average yield||Properties for sale||Average price|
|LS4||Burley, Leeds||West Yorkshire||124||8.6%||16||£169,000|
|L15||Wavertree, Liverpool||North West||95||7.4%||78||£138,000|