Revealed – the 10 best yields for rural property hotspots

PaTMa, a PropTech ‘prospector’ tool which analyses Rightmove data from an investor’s perspective, has produced a list of the 10 best average yields in rural or semi-rural locations.

It says coronavirus has caused tenants and buyers to reassess priorities and look towards rural or semi-rural areas with more space and less urban density.

Here are the 10 top yield locations it’s identified.

1. Parton & Distington, Cumbria

Between Whitehaven and Workington and within reach of both Carlisle and the Lake District National Park, Parton and Distington offer the best rural yields anywhere in England. Here, investors might expect to earn a full 8.52% annual return on their investment.

2. Flimby, Ellenborough & Broughton Moor, Cumbria

Staying in Cumbria, but this time closer to the seaside town of Maryport, this very rural area overlooking the Solway Firth should provide rural investors with a healthy 7.87% letting yield.

3. Loftus & Skinningrove, Cleveland

On the Cleveland coast and a short distance from the seaside towns of Whitby, Saltburn and the North Yorkshire Moors National Park, Loftus and Skinningrove offer a buy-to-let return of around 7.67%.

4. Shildon, County Durham

Located in semi-rural County Durham yet easily accessible by the A1(M) for travel across the northeast, Shildon can offer property investors a solid 7.2% annual income.

5. Torpoint, Cornwall

Just across the River Tamar from the city of Plymouth and easily reachable by ferry, Torpoint offers a healthy 6.88% return. The Rame Head Heritage Coast and some of Cornwall’s best-but-least-known seaside villages are just 15 minutes away.

6. Newbiggin by the Sea, Northumberland

Located on the rugged Northumberland coast, but just 23 minutes drive from Newcastle upon Tyne, the seaside town of Newbiggin offers investors a yield of 6.33%.

7. Askam & Dalton North, Cumbria

North of the busy town of Barrow in Furness, but within just a few miles of the Lake District National Park and the Cumbria coast, yields of 6.32% is available to investors in Askam & Dalton.

8. Longtown & Border, Cumbria

A short drive from the border city of Carlisle, the M6 motorway and the Scottish Border, the wide-open spaces around Longtown can reward investors with an average 5.66% return.

9. Grimethorpe & Brierley, South Yorkshire

This former coalfield area is surprisingly rural, with miles of open countryside, yet has great access to the M1, A1 and A1(M) for those travelling around South Yorkshire. Grimethorpe near Barnsley can also offer investors a 5.66% annual return on their money.

10. Hoo Peninsula, Medway, Kent

This backwater within north Kent still has easy access to both Gravesend and the Medway towns. London can be reached in around an hour by train to St. Pancras. Investors should be looking to earn around 5.52% here.