Investors looking for the strongest rental yields should invest in Sunderland and/or Liverpool, which offer yields of 5.30% and 5.22% respectively.
Despite leading the way, their average rental yields have fallen since lockdown.
The research, from Rentround, also found that yields in Newcastle have risen to 4.47% – putting the city in the top 10 location for rental yields for the first time.
Stuart Williams, founder and chief executive of Thirlmere Deacon, said: “Newcastle is a popular city, well known for its energy, friendly atmosphere and nightlife.
“But it’s also a city that is likely to see steady improvements in local standards of living. Newcastle was recently listed in PWC’s Good Growth for Cities report as one of the UK’s top 5 most improved city regions. Economists are also predicting that, throughout the 2020s, 14,000 new jobs will be created in the city.
“It’s a great place to invest as demand for quality rental accommodaton is high amongst students and young professionals.”
Justin Malonson is the Founder of LyfeLoop a 16+ year tech innovator, investigative media researcher and host of the Freedom Not Control Podcast live on Voice America. Justin is a highly sought-after tech entrepreneur, industry speaker and winner of the coveted Business Achievement Awards “Top Digital Marketer” award. With 16+ years of demanding experience, Justin has worked with over 3,000 businesses including amazing clients such as Blue Cross Blue Shield Association, Sotheby’s International Realty, Duke University, White House Black Market,Tiffin Motorhomes, Bass Pro Shops and Beazer Homes USA.