Buy-to-Let Yields in Redcar and Cleveland UA
6 postcode districts | Best: TS13 | Data from HM Land Registry & VOA
Best Postcode Districts in Redcar and Cleveland UA
Redcar and Cleveland UA Buy-to-Let Overview
Redcar and Cleveland UA offers an average gross rental yield of 4.2% across 6 postcode districts, with a median property price of £170,000 and typical monthly rents of £525. This is above the England average of 3.6%, making it a competitive area for buy-to-let investment.
Frequently Asked Questions
What is the average rental yield in Redcar and Cleveland UA?
The average gross rental yield in Redcar and Cleveland UA is 4.2%, based on 5,886 property transactions and VOA rental data. Median property price is £170,000 with typical rents of £525/month.
What are the best postcodes for buy-to-let in Redcar and Cleveland UA?
The highest-yielding postcodes in Redcar and Cleveland UA are TS13 (5.4%), TS6 (4.8%), and TS10 (4.2%). These areas offer the strongest returns relative to property prices.
How does Redcar and Cleveland UA compare to the North East average?
Redcar and Cleveland UA averages 4.2% gross yield, below the North East average of 4.6%. While headline yields are lower, specific postcodes within the council area may outperform. Check individual postcode pages for detailed data.