Best buy to let yields to be found in the north east - News

Best buy to let yields to be found in the north east

Best buy to let yields to be found in the north east

Residential George F. White 29th July 2021

The best buy to let yields can be found in the North East and Yorkshire according to recent research.

The region as a whole is currently home to an average house price of £144,032 and an average rental value of £566 per month. This makes the average rental yield 4.7%, well above the national average of 3.9%, according to Stripe Homes.

The second region on the list is Yorkshire & Humber, where the average house price is £179,408 and the average rent is £631 per month, delivering a good yield of 4.2%.

Newcastle-upon-Tyne came out top of the pile of towns and cities. With an average house price of £177,821 and average monthly rent of £844, the city offers an average yield of 5.7%.

These figures demonstrate the fantastic opportunity that a Buy to Let investment offers in the current market, so to discuss your options with one of the team, please call us on 0333 920 2220.

                                

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Tyne & Wear
County Durham
Yorkshire

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