Yorkshire and North Lincs second-best region for rent-to-buy landlords
Landlords looking to boost their returns should buy property in Yorkshire and Scotland, according to new research by a housing website.
Zoopla analysed urban areas across Britain, excluding London, to find out where investors could expect to get higher returns – weighing up how expensive a two-bedroom property may be to buy against the potential rent landlords could expect to generate.
Bradford came tenth in the list, when ordered by average gross yield. The average property price is £87,987, while average rent is £469 per month (6.4 per cent).
Although Scotland led the regional list, where rental yield is 6.02 per cent, Yorkshire and the Humber came second. House prices across our region are, on average, £120,745, giving an average yield of 5.44 per cent.