Please Note: This Article is 3 years old. This increases the likelihood that some or all of it's content is now outdated.

According to recent research*, Edinburgh tops the best rental yields for university Cities in the UK with 6.11%, beating London and the South East (* Source: Property website Zoopla, September 2015).

London, home to many of the best universities in the world, offers an average yield only slightly above the average at 3.97%.

While four Scottish Cities appear in the top five, Coventry comes a close second with impressive yields of 6.03%, well above the national average gross yield of 3.92%. In third place is Aberdeen (5.66%) followed by Dundee (5.11%) and Glasgow (5.07%).

However, Cities in the North are not giving landlords such profitable yields. Middlesbrough and Lancaster are named as the two university cities with the lowest average rental yields in the UK at 1.47% and 1.87% respectively.

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Fig 1: University City Yields

Top 10 Uni Yields

Source: Zoopla September 2015

Jane Morris, Managing Director of PropertyLetByUs.com comments:  “While Scottish university cities are giving great yields, landlords in Coventry are enjoying a highly profitable return on their investment, with yields of more than 2.11% above the average and 2.06% above London yields.

“There has been much investment in the City and the Cathedral quarter links old and new Coventry, which has been revived with a range of pubs, cafés and restaurants. Spoon Street houses original and reconstructed medieval buildings, as well as a major club complex, which stands close to another new area for bars and restaurants.

“It’s a thriving University City and there is much to offer under and post graduates and demand for rental accommodation is soaring.  Over the last 12 months, rents have risen by 14% and the number of tenants looking for property has increased by 24%.  It’s a great City for investors, with growing numbers of students and professionals looking for quality accommodation.

For more information, please visit www.propertyletbyus.com

Please Note: This Article is 3 years old. This increases the likelihood that some or all of it's content is now outdated.
©LandlordZONE® – legal content applies primarily to England and is not a definitive statement of the law, always seek professional advice.

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