{"id":22179,"date":"2018-12-03T08:50:28","date_gmt":"2018-12-03T08:50:28","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=22179"},"modified":"2023-10-10T11:24:34","modified_gmt":"2023-10-10T10:24:34","slug":"buy-to-let-rental-yields-stats-december-2018","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/buy-to-let-rental-yields-stats-december-2018\/","title":{"rendered":"North fares well in new buy-to-let rental yield stats"},"content":{"rendered":"

Knowing which locations might give a better return on an investment is vital when mulling over a property option.<\/strong><\/p>\n

Buying to rent out to students is a popular choice, and new figures from Totally Money<\/a> have revealed that many of the country\u2019s highest yields from buy-to-let are to be found in postcodes in towns and cities with universities.<\/p>\n

And Totally Money\u2019s top 20 reveals that properties from the East Midlands northwards bring the best returns, with only ninth-placed Southend-on-Sea outside that area.<\/p>\n

Healthy rents by the Trent<\/h4>\n

NG1 in central Nottingham tops the list a yield of 11.99%, although there are just 44 properties rented out in the postcode, where there\u2019s an average rental value of \u00a31,525 per month. However, NG7 is fifth on the list at 8.89%, indicating a strong market for renting to students at the universities of Nottingham and Nottingham Trent.<\/p>\n

Liverpool, recently named as one of the most appealing buy-to-let markets<\/a> in the UK, also performs well in the new figures. A quarter of the Top 20 postcodes are in the Merseyside city, and L7, which includes Edge Hill, Fairfield and Kensington returns an average rental yield of 9.79%. In Manchester and Leeds, the traditional student areas of Fallowfield and Headingley respectively still perform strongly with figures of over 7%. Recent figures<\/a> from all three cities showed around 80% of students in each were happy with their accommodation choice.<\/p>\n

\"Totally

Other places in the top 20 with large student populations are Newcastle, Sheffield, Bradford, Huddersfield and Preston. The latter was named as the UK\u2019s most improved city<\/a> to live and work in by PwC, and as well as an expanding student population, it is now seen as a base from where Liverpool and Manchester can be commuted to.<\/p>\n

Students keen to secure accommodation early<\/h4>\n

Investors should bear in mind that competition for good accommodation is hotting up in student-centric locations. A recent study by Which<\/a> revealed that a quarter of students start looking for their next academic year\u2019s accommodation by the end of November of their first term.<\/p>\n

With graduates often inclined to stay where they studied once they start working, and with young professionals attracted to areas with strong student demand for facilities and lifestyle reasons, forward-thinking investors may want to consider this new data when considering these markets.<\/p>\n

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