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 |
L7 |
Liverpool |
North West |
98 |
10.3% |
59 |
£95,000 |
BD1 |
Bradford |
North West |
89 |
10.0% |
63 |
£57,000 |
SR1 |
Sunderland |
North East |
90 |
9.4% |
67 |
£61,000 |
TS1 |
Middlesbrough |
North East |
117 |
8.8% |
93 |
£56,000 |
LS4 |
Burley, Leeds |
West Yorkshire |
124 |
8.6% |
16 |
£169,000 |
L6 |
Liverpool |
North West |
84 |
8.4% |
51 |
£97,000 |
L1 |
Liverpool |
North West |
72 |
8.1% |
191 |
£104,000 |
NE6 |
Newcastle |
North East |
289 |
7.8% |
123 |
£128,000 |
CF37 |
Pontypridd |
Wales |
132 |
7.7% |
133 |
£125,000 |
M14 |
Manchester |
North West |
262 |
7.6% |
12 |
£177,000 |
EH8 |
Edinburgh |
Scotland |
156 |
7.6% |
52 |
£215,000 |
G31 |
Glasgow |
Scotland |
48 |
7.5% |
46 |
£117,000 |
L15 |
Wavertree, Liverpool |
North West |
95 |
7.4% |
78 |
£138,000 |
L2 |
Liverpool |
North West |
40 |
7.4% |
123 |
£127,000 |
S1 |
Sheffield |
South Yorkshire |
97 |
7.2% |
86 |
£112,000 |
G32 |
Glasgow |
Scotland |
50 |
7.2% |
102 |
£92,000 |
CH41 |
Birkenhead |
North West |
38 |
7.1% |
98 |
£84,000 |
AB11 |
Aberdeen |
Scotland |
103 |
7.1% |
67 |
£93,000 |
G4 |
Glasgow |
Scotland |
88 |
7.0% |
46 |
£172,000 |
AB24 |
Aberdeen |
Scotland |
270 |
7.0% |
83 |
£99,000 |
Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions.
If any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals, then the post may be deleted and the individual immediately banned from posting in future.
Please help us by reporting comments you consider to be unduly offensive so we can review and take action if necessary. Thank you.
Join the conversation
Jump to latest comment and add your reply
Avoid these areas quoted at your peril.
Greater yield invariably means greater risk.
These areas quoted are dud areas to be avoided at all costs.
Most are dependent on duff DSS tenants who are best avoided.
Please login to comment