Hull beats prime Lon­don yields

Yorkshire Post - Property - - PROPERTY -

THE buy-to-let mar­ket has de­fied the North / South prop­erty di­vide, with var­i­ous towns across the South, Mid­lands and North of­fer­ing bet­ter yields than prime Lon­don, ac­cord­ing to Ch­ester­ton Hum­berts.

The com­pany say some of the best yields are in Hull, Black­pool, Southamp­ton and Manch­ester.

The aver­age prop­erty in Southamp­ton now sells for £138,311, but with monthly rents av­er­ag­ing £901, this de­liv­ers the high­est yield of 7.82% for land­lords. Black­pool de­liv­ers the next high­est at 7.81%, fol­lowed by Hull at 7.77% and Manch­ester 7.60%. Ch­ester­ton Hum­berts Prime Lon­don Res­i­den­tial Yield Mon­i­tor shows that prime Lon­don only de­liv­ers an aver­age yield of 3.5%.

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