PropertyWisdom house logo
PropertyWisdom.io
Back to blogs

UK Rental Yields: A Regional Breakdown for Property Investors

For property investors in the UK, finding affordable cities to invest in can be a challenge. However, there are still many opportunities to be found, particularly if you are willing to look beyond the traditional property hotspots.

7 min read · 20 Dec 2022

UK Rental Yields: A Regional Breakdown for Property Investors

For property investors in the UK, finding affordable cities to invest in can be a challenge. However, there are still many opportunities to be found, particularly if you are willing to look beyond the traditional property hotspots. In this article, we will highlight the top 10 most affordable cities for property investment in the UK, based on data from leading real estate experts. From up-and-coming areas to established markets with strong rental demand, these cities offer a range of opportunities for investors looking to get a foothold in the UK property market.

Before we delve into the list of the most affordable cities for property investment, it's important to understand what factors we considered when compiling it. First and foremost, we looked at the average property prices in each city, comparing them to the national average. We also took into account the rental demand in each city, as well as the potential for capital appreciation over the long term. Finally, we considered the local economy and job market, as these can have a significant impact on the demand for rental properties. With these factors in mind, let's take a look at the top 10 most affordable cities for property investment in the UK.

Coming in at number 10 on our list is the city of Nottingham. Located in the East Midlands region of England, Nottingham is known for its rich history, vibrant culture, and excellent transport links. Property prices in Nottingham are well below the national average, making it an attractive option for property investors. The city also has a strong rental market, with a high demand for both student and professional rentals. Additionally, the local economy is thriving, with a diverse range of industries and strong job growth. All of these factors make Nottingham a solid choice for property investment in the UK.

At number 9 on our list is the city of Glasgow, located in Scotland. Glasgow is a popular choice for property investors due to its relatively low property prices and strong rental demand. The city is home to two universities, which means there is a constant demand for student rentals. In addition, Glasgow has a thriving job market, with a range of industries driving the local economy. Property prices in Glasgow are generally lower than the national average, making it an attractive option for investors looking to get a good deal. It's worth noting, however, that property prices in Glasgow are on the rise, so it's important to act quickly if you want to take advantage of the current market conditions.

Coming in at number 8 on our list is the city of Liverpool. Located in the northwest of England, Liverpool is known for its rich history, vibrant culture, and excellent transport links. Property prices in Liverpool are generally lower than the national average, making it an attractive option for property investors. The city also has a strong rental market, with a high demand for both student and professional rentals. Additionally, the local economy is thriving, with a range of industries driving growth. All of these factors make Liverpool a solid choice for property investment in the UK.

At number 7 on our list is the city of Bristol, located in the southwest of England. Bristol is a popular choice for property investors due to its relatively low property prices and strong rental demand. The city is home to two universities, which means there is a constant demand for student rentals. In addition, Bristol has a thriving job market, with a range of industries driving the local economy. Property prices in Bristol are generally lower than the national average, making it an attractive option for investors looking to get a good deal. It's worth noting, however, that property prices in Bristol are on the rise, so it's important to act quickly if you want to take advantage of the current market conditions.

Coming in at number 6 on our list is the city of Manchester, located in the northwest of England. Manchester is known for its rich history, vibrant culture, and excellent transport links. Property prices in Manchester are generally lower than the national average, making it an attractive option for property investors. The city also has a strong rental market, with a high demand for both student and professional rentals. Additionally, the local economy is thriving, with a range of industries driving growth. All of these factors make Manchester a solid choice for property investment in the UK.

At number 5 on our list is the city of Leeds, located in the north of England. Leeds is a popular choice for property investors due to its relatively low property prices and strong rental demand. The city is home to two universities, which means there is a constant demand for student rentals. In addition, Leeds has a thriving job market, with a range of industries driving the local economy. Property prices in Leeds are generally lower than the national average, making it an attractive option for investors looking to get a good deal. It's worth noting, however, that property prices in Leeds are on the rise, so it's important to act quickly if you want to take advantage of the current market conditions.

Coming in at number 4 on our list is the city of Newcastle upon Tyne, located in the northeast of England. Newcastle is known for its rich history, vibrant culture, and excellent transport links. Property prices in Newcastle are generally lower than the national average, making it an attractive option for property investors. The city also has a strong rental market, with a high demand for both student and professional rentals. Additionally, the local economy is thriving, with a range of industries driving growth. All of these factors make Newcastle a solid choice for property investment in the UK.

At number 3 on our list is the city of Sheffield, located in the north of England. Sheffield is a popular choice for property investors due to its relatively low property prices and strong rental demand. The city is home to two universities, which means there is a constant demand for student rentals. In addition, Sheffield has a thriving job market, with a range of industries driving the local economy. Property prices in Sheffield are generally lower than the national average, making it an attractive option for investors looking to get a good deal. It's worth noting, however, that property prices in Sheffield are on the rise, so it's important to act quickly if you want to take advantage of the current market conditions.

Coming in at number 2 on our list is the city of Hull, located in the northeast of England. Hull is known for its rich history, vibrant culture, and excellent transport links. Property prices in Hull are generally lower than the national average, making it an attractive option for property investors. The city also has a strong rental market, with a high demand for both student and professional rentals. Additionally, the local economy is thriving, with a range of industries driving growth. All of these factors make Hull a solid choice for property investment in the UK.

And finally, coming in at number 1 on our list is the city of Leicester, located in the East Midlands region of England. Leicester is a popular choice for property investors due to its relatively low property prices and strong rental demand. The city is home to two universities, which means there is a constant demand for student rentals. In addition, Leicester has a thriving job market, with a range of industries driving the local economy. Property prices in Leicester are generally lower than the national average, making it an attractive option for investors looking to get a good deal. It's worth noting, however, that property prices in Leicester are on the rise, so it's important to act quickly if you want to take advantage of the current market conditions.

We hope this list of the top 10 most affordable cities for property investment in the UK has been helpful for you. While these cities may not be the most well-known property hotspots, they offer excellent opportunities for investors looking for a good deal. With their relatively low property prices and strong rental demand, these cities are worth considering if you are looking to invest in the UK property market. As with any investment, it's important to do your due diligence and carefully research the local market before making a decision. With the right approach, you can find a great investment opportunity in one of these affordable cities.