Newcastle in top 10 university town yields

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A flat-sharing website has created a league table of average yield in locations surrounding the top-ranked universities in the United Kingdom.

Using data from PropertyData, Ideal Flatmate looked at the average yields for areas surrounding the top 50 universities.

Top 10

StripeHomes Quayside View Studios would top the list with its 8% yields over the next five years.

  1. Edinburgh – 7.77%
  2. Nottingham – 7%
  3. Leicester – 7%
  4. Dundee – 7%
  5. Liverpool – 6.94%
  6. Leeds – 6.80%
  7. Strathclyde – 6.64%
  8. Northumbria – 6.58%
  9. Newcastle – 6.58%
  10. Aberdeen – 6.22%

 James Forrester, Managing Director of StripeHomes, commented: “It’s no surprise to see Newcastle in the top 10 for university rent yield – it’s one of the reasons why we’re investing in the city.

“Whilst the average for the area is 6.58% our Quayside View Studio development is bringing in 8% yields for five years.”

You can read the full story here

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