Sunderland in the North East of England is now the top buy-to-let location for rental yields, with landlords making returns of 5.3%, research from Rentround has found.
In second place is Liverpool (5.22%), followed by Blackpool (4.58%).
Parts of London also have strong yields. For example, East Ham has rental yields at 4.81%, followed by Stratford (4.0%) and Poplar, near Canary Wharf (4.0%).
Catherine Shinerock, head of marketing and customer support for Advanced Rent Option (ARO), said: “Despite the lockdowns, BTL investors are still experiencing healthy yields, with Sunderland and Liverpool offering some of the best yields in the UK and excellent occupancy rates.
“Liverpool is experiencing a booming BTL market, with demand for high-end, quality rental accommodation outstripping supply. The city has one of the largest universities in the UK and an increasing student population, combined with rising graduate job opportunities.”
This post has originally been featured in Property Wire.