{"id":2345,"date":"2017-02-16T07:00:38","date_gmt":"2017-02-16T07:00:38","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=2345"},"modified":"2017-02-16T07:00:38","modified_gmt":"2017-02-16T07:00:38","slug":"manchester-salford-see-biggest-rise-rental-yields","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-hk\/2017\/02\/16\/manchester-salford-see-biggest-rise-rental-yields\/","title":{"rendered":"Manchester and Salford see biggest rise in rental yields"},"content":{"rendered":"<p><strong>At the end of 2016, towns in England\u2019s North and Scotland saw the biggest increase in rental yields, hitting up to 4.3% whilst London averaged out at 3.2%.<\/strong><\/p>\n<p>Properties across Manchester and <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/locations\/salford\/\">Salford saw average yields of 6.7% and 6.6%,<\/a> while Cambridge only climbed up to 2.7%, the latest buy-to-let index revealed.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"bIqzymKhhf\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/01\/31\/meet-property-hotspots-2017-manchester-birmingham-edinburgh\/\">Meet your property hotspots for 2017: Manchester, Birmingham and Edinburgh<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Meet your property hotspots for 2017: Manchester, Birmingham and Edinburgh&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/01\/31\/meet-property-hotspots-2017-manchester-birmingham-edinburgh\/embed\/#?secret=jrXYQYhLam#?secret=bIqzymKhhf\" data-secret=\"bIqzymKhhf\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>To get the data, peer to peer lending platform Kuflink analysed the average house price and rent in 50 of the country\u2019s major towns and then figured out the <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/07\/28\/manchester-named-city-highest-yields-investors\/\" target=\"\" rel=\"noopener\">average rental yield<\/a> for every single location.<\/p>\n<p><strong><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/05\/11\/rent-manchester\/\">Manchester<\/a> came out as Number One with an average rental yield of exactly 6.73% and was closely followed by neighbouring Salford at 6.68%.<\/strong><\/p>\n<p>Other areas in the North followed the same trend as the two bigger cities, which led the North overall to show the biggest rental yield growth in the UK.<\/p>\n<p>The cities in the North significantly outperformed London. Although rental costs are extremely high in the capital, house prices have seen a constant increase too and sat at an average of \u00a3680,000 in December 2016. This leaves London\u2019s buy-to-let landlords with rather unimpressive returns.<\/p>\n<p>The research also revealed that there are now less than 41,000 properties available in the Uk for \u00a3250,000 or less. This is a drop from 58,000 (-29%) since October. Narrowing this down even more, there are now fewer than 2,000 properties for under \u00a3250,000 available in London.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"Hzjwfi6CFR\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/02\/06\/manchester-property-prices-will-grow-28-2\/\">Manchester property prices will grow 28.2%<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Manchester property prices will grow 28.2%&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/02\/06\/manchester-property-prices-will-grow-28-2\/embed\/#?secret=B8LGoOWajG#?secret=Hzjwfi6CFR\" data-secret=\"Hzjwfi6CFR\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>\u201cBuy to let properties in the North can be a steady investment, attracting renters who cannot afford to step onto the property ladder and therefore choose to rent in good locations, which are well-suited to their lifestyle,\u201d said Tarlochan Garcha, chief executive officer of Kuflink.<\/p>\n<blockquote><p>\u201cManchester and Leeds are both bustling cities, popular with young professionals and families, and can offer solid returns for landlords. While Birmingham, which has a growing business district and is soon to <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/24\/hs2-whole-route-north-birmingham\/\" target=\"\" rel=\"noopener\">benefit from HS2<\/a>, cutting journey time to London to just 49 minutes, is also firmly on the map as a strong buy to let spot. It could be time for landlords to turn their attention away from pricey London and look to the UK\u2019s regional cities.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>At the end of 2016, towns in England\u2019s North and Scotland saw the biggest increase in rental yields, hitting up to 4.3% whilst London averaged out at 3.2%. Properties across Manchester and Salford saw average yields of 6.7% and 6.6%, while Cambridge only climbed up to 2.7%, the latest buy-to-let index revealed. Meet your property<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-hk\/2017\/02\/16\/manchester-salford-see-biggest-rise-rental-yields\/\" title=\"ReadManchester and Salford see biggest rise in rental yields\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1069,"featured_media":4508,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[42],"tags":[22,77,36,5,116],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts\/2345"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/comments?post=2345"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts\/2345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/media\/4508"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/media?parent=2345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/categories?post=2345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/tags?post=2345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}