BEST BET FOR BUY TO LET

AVERAGE YIELD ON A TWO-BED PROPERTY (%)

By UK region
6.2%
3 3.4 3.53.9 4 4.4 No data Newcastle-upon-Tyne
4.54.9 55.4 5.5 5.9

Gross yield of selected

UK cities (%)
5.4%
Gross yield is the yield on an
Leeds
investment prior to the deduction
of taxes and expenses, calculated
as the annual gross return on
rental income divided by the
price of the investment

6.5%
Sheffield

4.3%
Outer London

6.1%
3.6% Nottingham
Inner London

5.8%
NORTH
3.3% 5.9% 5.9% EAST 5.4%
Central London Greater Manchester NORTH Birmingham
WEST

5.3%
YORKSHIRE
AND THE
HUMBER
6.6% 4.8%
Merseyside Reading

5%
EAST
5.3% MIDLANDS

Cardiff 5%
WEST
MIDLANDS 4.4%
EAST

5.4%
5% WALES

Southampton

LONDON

4.6% 4.2% 4.3%

SOUTH EAST
Bournemouth SOUTH WEST

Median two-bed Median two-bed

Gross yield AVERAGE YIELD BY PROPERTY SIZE
sale price rental income Across England and Wales combined
(monthly)

Central London 1,445,833 4,009 3.3% 5.5%

LONDON
One-bed

Inner London 636,718 1,874 3.5%

LONDON

Outer London 393,488 1,388 4.2%

LONDON

Bournemouth 227,500 875 4.6% 4.8%

SOUTH WEST
Two-bed

Reading 272,500 1,100 4.8%

SOUTH EAST

Southampton 198,725 825 5%

SOUTH EAST

Cardiff 159,950 700 5.3% 4.3%

WALES Three-bed

Leeds 145,000 655 5.4%

YORKSHIRE AND
THE HUMBER

Birmingham 159,950 725 5.4%

WEST MIDLANDS

Greater Manchester 125,437 614 5.9%

3.8%
NORTH WEST Four-bed

Nottingham 110,000 563 6.1%

EAST MIDLANDS

Newcastle-upon-Tyne 129,950 675 6.2%

NORTH EAST

Sheffield 120,000 650 6.5%

3.5%
YORKSHIRE AND Five-bed
THE HUMBER

Merseyside 99,109 545 6.6%

NORTH WEST

Savills Research/OnTheMarket 2017