fbpx
🎉 FREE WEBINAR - July 24th, 11am / 8pm CET - Learn Airbtics in 7 Minutes - Revenue and Market Analysis Tips and Best Practices!
Categories
Others

Best Cities To Buy Rental Property Gb

Best places to buy Rental Property in the United Kingdom

Best places to buy
Rental Property in the United Kingdom

Author Image

Last updated on: 1st May, 2024

United Kingdom
78% of British People responded that they only looked into one city before buying their first rental property. However, by exploring multiple places, you can gain a broader understanding of the real estate landscape, potentially leading to more informed and profitable investment decisions.

We have gathered up all the important real estate market indicators for you, so you don’t have to spend hours.

Our Methodologies …Read More

Appreciation Factors

We assume that the population, income growth, and property price trend are the most important factors. We are aware that there are a few other factors, mainly the crime rate and planned development projects. However, it is hard to quantify planned developments, so we did not include them here.
We assume that population and income growth will eventually catch up with property prices. So, if a city has had a rapid increase in investment property prices but population and income are growing slowly, then we assume that the property price will not grow as rapidly in the next five years.
  • 5 years of population growth
  • 5 years of income growth
  • 5 years of property price changes

Rental Yields

  • Rental Yield: Ratio between the average monthly rent as a single-family rental and the average property sold price for a 2-bedroom house.
  • Short-term rental Yield: Ratio between the average monthly short-term rental income and the average property sold price of a 2-bedroom house.
  • * Average Rental Yield in the United Kingdom is 8.5%
  • * Average Short Term Rental Yield in the United Kingdom is 14.5%

Top UK Markets to Invest

Glasgow City-market-image

Glasgow city

3.6x
£29K
Yearly
Revenue
18.4%
Net Rental
Yield
5.3%
Annual Appreciation
Scottish Highlands-market-image

Scottish highlands

3.6x
£30K
Yearly
Revenue
20.4%
Net Rental
Yield
4.4%
Annual Appreciation
Belfast-market-image

Belfast

3.4x
£26K
Yearly
Revenue
17.8%
Net Rental
Yield
4.9%
Annual Appreciation
County Durham-market-image

County durham

3.4x
£22K
Yearly
Revenue
19.4%
Net Rental
Yield
4.1%
Annual Appreciation
City of Edinburgh-market-image

City of edinburgh

3.2x
£45K
Yearly
Revenue
14.9%
Net Rental
Yield
5.6%
Annual Appreciation
Fife-market-image

Fife

3.2x
£26K
Yearly
Revenue
16.6%
Net Rental
Yield
4.6%
Annual Appreciation
Northumberland-market-image

Northumberland

3x
£26K
Yearly
Revenue
14.9%
Net Rental
Yield
4.2%
Annual Appreciation
Swansea-market-image

Swansea

3x
£25K
Yearly
Revenue
14.2%
Net Rental
Yield
4.8%
Annual Appreciation
Liverpool-market-image

Liverpool

2.9x
£19K
Yearly
Revenue
11.8%
Net Rental
Yield
5.5%
Annual Appreciation
Newry, Mourne and Down-market-image

Newry, mourne and down

2.9x
£19K
Yearly
Revenue
11.3%
Net Rental
Yield
6.2%
Annual Appreciation
Newcastle Upon Tyne-market-image

Newcastle upon tyne

2.8x
£22K
Yearly
Revenue
12.4%
Net Rental
Yield
4.5%
Annual Appreciation
Conwy-market-image

Conwy

2.8x
£23K
Yearly
Revenue
11.8%
Net Rental
Yield
4.9%
Annual Appreciation
Lancaster-market-image

Lancaster

2.8x
£21K
Yearly
Revenue
11.6%
Net Rental
Yield
5.3%
Annual Appreciation
Manchester-market-image

Manchester

2.8x
£23K
Yearly
Revenue
11%
Net Rental
Yield
5.9%
Annual Appreciation
Perth and Kinross-market-image

Perth and kinross

2.8x
£28K
Yearly
Revenue
12.6%
Net Rental
Yield
4.8%
Annual Appreciation
Salford-market-image

Salford

2.8x
£22K
Yearly
Revenue
11.7%
Net Rental
Yield
5.4%
Annual Appreciation
Scottish Borders-market-image

Scottish borders

2.8x
£22K
Yearly
Revenue
12.3%
Net Rental
Yield
4.7%
Annual Appreciation
Causeway Coast and Glens-market-image

Causeway coast and glens

2.8x
£22K
Yearly
Revenue
12.2%
Net Rental
Yield
4.6%
Annual Appreciation
Gwynedd-market-image

Gwynedd

2.8x
£24K
Yearly
Revenue
12.6%
Net Rental
Yield
4.7%
Annual Appreciation
Dumfries and Galloway-market-image

Dumfries and galloway

2.8x
£20K
Yearly
Revenue
13.6%
Net Rental
Yield
3.9%
Annual Appreciation
Blackpool-market-image

Blackpool

2.7x
£15K
Yearly
Revenue
12.5%
Net Rental
Yield
3.9%
Annual Appreciation
Stirling-market-image

Stirling

2.7x
£27K
Yearly
Revenue
12.3%
Net Rental
Yield
4.2%
Annual Appreciation
Carmarthenshire-market-image

Carmarthenshire

2.7x
£18K
Yearly
Revenue
9.8%
Net Rental
Yield
5.8%
Annual Appreciation
Bradford-market-image

Bradford

2.6x
£17K
Yearly
Revenue
11.1%
Net Rental
Yield
4.5%
Annual Appreciation
Cheshire West and Chester-market-image

Cheshire west and chester

2.6x
£21K
Yearly
Revenue
8.8%
Net Rental
Yield
5.7%
Annual Appreciation
Leeds-market-image

Leeds

2.6x
£19K
Yearly
Revenue
9%
Net Rental
Yield
5.9%
Annual Appreciation
Pembrokeshire-market-image

Pembrokeshire

2.6x
£21K
Yearly
Revenue
9.6%
Net Rental
Yield
5.6%
Annual Appreciation
Cardiff-market-image

Cardiff

2.5x
£22K
Yearly
Revenue
9%
Net Rental
Yield
5.2%
Annual Appreciation
Cheshire East-market-image

Cheshire east

2.5x
£22K
Yearly
Revenue
8.6%
Net Rental
Yield
5.6%
Annual Appreciation
Cornwall-market-image

Cornwall

2.5x
£22K
Yearly
Revenue
7.8%
Net Rental
Yield
6.2%
Annual Appreciation
East Lindsey-market-image

East lindsey

2.5x
£17K
Yearly
Revenue
8.3%
Net Rental
Yield
5.5%
Annual Appreciation
East Riding of Yorkshire-market-image

East riding of yorkshire

2.5x
£19K
Yearly
Revenue
9.4%
Net Rental
Yield
4.9%
Annual Appreciation
High Peak-market-image

High peak

2.5x
£24K
Yearly
Revenue
10.2%
Net Rental
Yield
4.6%
Annual Appreciation
Isle of Wight-market-image

Isle of wight

2.5x
£22K
Yearly
Revenue
8.3%
Net Rental
Yield
5.6%
Annual Appreciation
Powys-market-image

Powys

2.5x
£20K
Yearly
Revenue
9%
Net Rental
Yield
5.4%
Annual Appreciation
North Devon-market-image

North devon

2.5x
£20K
Yearly
Revenue
6.9%
Net Rental
Yield
6.7%
Annual Appreciation
Plymouth-market-image

Plymouth

2.5x
£20K
Yearly
Revenue
10.3%
Net Rental
Yield
4.3%
Annual Appreciation
Isle of Anglesey-market-image

Isle of anglesey

2.5x
£20K
Yearly
Revenue
9.5%
Net Rental
Yield
4.8%
Annual Appreciation
Birmingham-market-image

Birmingham

2.4x
£19K
Yearly
Revenue
9%
Net Rental
Yield
4.3%
Annual Appreciation

Quick Links


Shares

Free Webinar

Learn Airbtics in 7 Minutes

Revenue and market analysis Tips and Best Practices!
Airbnb Data
Airbnb Data

ARE YOU IN?

Get Access to our weekly data-driven airbnb report!