The highest rental yield cities in the UK in 2023

According to a recent report by Zoopla, the highest yielding cities in the UK are Sunderland, Dundee and Glasgow, which offer a gross rental yield of between 7.7% and 8.4% . The North East is the best region for investors looking for strong yields, offering an average of 7.15% . Here are the top 10 cities for rental yields right now:

City	Average Gross Rental Yield	Average Monthly Rent	Average Price of a Buy-to-Let Property
Sunderland	8.50%	£598	£84,432
Dundee	8.07%	£783	£116,498
Burnley	7.96%	£561	£84,575
Glasgow	7.90%	£930	£141,180
Middlesbrough	7.85%	£604	£92,292
Aberdeen	7.45%	£673	£108,436
Liverpool	7.43%	£798	£128,905
Blackburn	7.41%	£656	£106,209
Hull	7.30%	£594	£97,602
Grimsby	7.07%	£602	£102,208

Zoopla Rental Index, December 2023

It’s worth noting that cities in the North of England and Scotland are generally better for yields than the South of England and London. However, it’s important to take other factors into account before you invest, like tenant demand and the potential for future house price growth .