Northern students give high rent yields

The area surrounding Durham University benefits from low house prices, averaging at around £114,588, which allow property owners to benefit from a rental yield of 9.12% in a house with three students, claims Landlord Mortgages. Nottingham comes just behind Durham, with an average rental yield of 9.05%, followed by Stoke, Sheffield and Blackpool, all major Northern cities. The trend shows areas with low house prices can provide higher rental yields as students are often able to afford similar levels of rent. The research found Crewe was the town with the worst rental yields for landlord...