#21 Northern regions dominate top buy-to-let yields

Lomond, a prominent estate and letting agency group, conducted thorough research to unveil the top regions offering robust rental yields for British buy-to-let investors. By scrutinising recent data on property values and rents across all British postcodes, they uncovered lucrative opportunities for investors seeking optimal rental returns. Impressively, the average rental yield across Britain has surged to 4.5%, a notable increase from 4% recorded last year.

Scotland emerges as the frontrunner among regions, boasting an impressive average rental yield of 5.4%. Following closely are the North East and the North West of England, with rental yields standing at 4.8% and 4.6%, respectively. Conversely, the South East presents the lowest average rental yield at 3.8%.

These findings align with recent Zoopla data, which underscores the dominance of Northern cities and towns in the top 10 areas for rental yields. Notably, the North West demonstrates remarkable strength in these rankings, with multiple towns and cities securing coveted positions.

Martin Elliot, CEO of Lomond’s Yorkshire brands, emphasises the enduring appeal of buy-to-let investments despite government initiatives. He notes a widespread increase in average yields across all regions, except Scotland, signalling a favourable climate for rental market investments. With meticulous analysis at the postcode level, investors can pinpoint regions offering the strongest returns, reaffirming the resilience and profitability of the rental sector amidst evolving economic landscapes.