Is there a UK ranking of residential rental yields?

[Powerful Pierre]

As a newcomer to the BTL business, I'm keen to find which areas of the UK generate the highest yields. Do you know of any listings of such yields, at least for central/southern England?

[mind the gap]

As a newcomer to the BTL business, I'm keen to find which areas of the UK generate the highest yields. Do you know of any listings of such yields, at least for central/southern England?

I have no idea, sorry, but the fact that the government are capping LHA payments means that London is going to look like a decidedly bad investment idea except for top of the range properties.

This site might be useful:

http://www.propertyhawk.co.uk/index....agazine&id=412

[Poolboy]

there was a ranking in a paper a while ago & Kingston-upon-Thames came out top. All they did was take the average rent & the average purchase price to make an average yield (a bit meaningless but it sells newspapers).

Kingston came out top at c 5%, I have one there ticking over at c 4% so not bad.

However, it ignores the void risk - unless you assume this is priced into the rent figures. Also, the upside for capital appreciation.

I can't remember where the ranking table was - maybe the E Standard.

[Gordon999]

As a newcomer to the BTL business, I'm keen to find which areas of the UK generate the highest yields. Do you know of any listings of such yields, at least for central/southern England?

I suggest you read latest issue of Investors Chronicle ( 10-16 Dec 2010 ) page 38 which features a report " Is BTL worth it ?"

This report mentions average yield on BTLs is 6.1% ( info source from Paragon )
and yields accross country from 4.5% to 8.5% with strongest rental demand within the M25 zone ( info source from Spicerheart ).

[charliem]

Yield is more dependent on the type of property you choose to invest in rather than the area I think. A student flat in Kingston may return 8% while a four bedroom family home in Kingston may return 3%.

I wouldn't touch anything that returns less than 9%.

Charlie

[mind the gap]

Yield is more dependent on the type of property you choose to invest in rather than the area I think. A student flat in Kingston may return 8% while a four bedroom family home in Kingston may return 3%.

I wouldn't touch anything that returns less than 9%.

Charlie

Without knowing the details of your portfolio, we are not in a position to know whether what you are telling us is a useful general principle or applicable only to the type of properties you invest in.

A bit meaningless, really?