Rental yield for residential rental properties in the UK 2024, by region
The highest rental yield in the UK property market in the first quarter of 2024 was in the North East region, amounting to 7.65 percent. Conversely, private rental homes in London had the lowest average gross yield, at 4.93 percent. Rental yield is a measure of profitability and shows the annual rental income as a share of the property price. Although higher yields imply a higher annual return, they do not take into consideration the rental growth and house price appreciation potential of the property.
