Buy-to-Let Yields in Wakefield
10 postcode districts | Best: WF9 | Data from HM Land Registry & VOA
Best Postcode Districts in Wakefield
| Postcode ↕ | Area ↕ | Yield ↕ | Median Price ↕ | Sales (3yr) ↕ |
|---|---|---|---|---|
| WF9 | PONTEFRACT | 5.03 | £155,000 | 1,596 |
| WF10 | CASTLEFORD | 4.53 | £172,250 | 2,272 |
| WF11 | KNOTTINGLEY | 4.44 | £175,745 | 804 |
| WF6 | NORMANTON | 4.43 | £176,000 | 859 |
| WF7 | PONTEFRACT | 4.11 | £190,000 | 958 |
| WF1 | WAKEFIELD | 4.02 | £194,000 | 1,807 |
| WF5 | OSSETT | 3.8 | £205,000 | 884 |
| WF8 | PONTEFRACT | 3.8 | £205,375 | 1,524 |
| WF4 | WAKEFIELD | 3.71 | £210,000 | 1,599 |
| WF2 | WAKEFIELD | 3.64 | £214,250 | 1,780 |
Wakefield Buy-to-Let Overview
Wakefield offers an average gross rental yield of 4.2% across 10 postcode districts, with a median property price of £194,000 and typical monthly rents of £650. 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 Wakefield?
The average gross rental yield in Wakefield is 4.2%, based on 14,083 property transactions and VOA rental data. Median property price is £194,000 with typical rents of £650/month.
What are the best postcodes for buy-to-let in Wakefield?
The highest-yielding postcodes in Wakefield are WF9 (5.0%), WF10 (4.5%), and WF11 (4.4%). These areas offer the strongest returns relative to property prices.
How does Wakefield compare to the Yorkshire and The Humber average?
Wakefield averages 4.2% gross yield, above the Yorkshire and The Humber average of 4.0%. With 10 postcode districts to choose from, investors can find competitive buy-to-let returns in the area.