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Best places to buy to let

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Looking to invest in property but wondering where in the UK are the best places to buy to let?

You might do worse than refer to an article in Landlord Today, published on the 3rd of December 2018.

Wherever your main focus lies, the article suggests that prospective landlords look to areas with higher than usual student populations, where rental yields of up to 12% may be achievable. 

University cities such as Leeds, Liverpool, Manchester, Nottingham, and the North East offer some of the most rewarding hotspots and the highest rental yields. 

Top of those hotspots is currently the city of Nottingham, says the report, where a student population of some 37,000 boosts yields in one of the most favoured areas to 11.99% - and in another, to 8.89%.

These yields are helped, of course, by the relatively low cost of housing in Nottingham, where average prices are between £152,631 and £160,269 – well below the national average of £226,906.

Liverpool comes in at second place, with some postcodes in the city registering a yield as high as 9.79%, and others a more than healthy average of 9.33%.

In the northeast, Newcastle is also a strong performer – averaging a rental yield of 8.43% in those areas popular with students at both Newcastle and Northumbria University.

Once again, rental yields are boosted by the significantly lower costs of housing in the city – an average of £118,789, which is way below the national average.

London fares the worst for prospective landlords, with the very high cost of housing depressing rental yields to as low as just 1.93% in some of the more desirable postcodes of North London.