Best rental yield for flats and maisonettes in the UK by area
Updated monthly · as of May 2026 rent · April 2026 price · · ONS + HM Land Registry
Which UK areas have the best rental yield for flats and maisonettes?
As of May 2026 rent · April 2026 price, the highest gross rental yield for flats and maisonettes in the UK is in Merthyr Tydfil at 11.80% — an ONS average rent of £603/month against an HM Land Registry average price of £61,316. Across 316 local authorities with both figures, GeraRent re-dates this monthly.
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Enter a flat or maisonette price and rent — or pre-fill from an area — to see your gross and indicative net yield, price-to-rent ratio and Gera Yield Index.
Gera Yield Index: 192 (UK average = 100) — your yield is 92% above the UK-wide gross yield of 6.14%.
Indicative net yield deducts 28% of gross rent for landlord running costs (management, maintenance, voids, insurance) — an assumption, not a source figure. Actual costs vary by property.
Area pre-fill values are real ONS rent and HM Land Registry price figures. Your inputs are used only in your browser to produce this calculation.
Highest flat or maisonette gross yield by local authority
316 local authorities have BOTH an ONS rent and an HM Land Registry price for flats and maisonettes (joined on the ONS area code). Showing the top 40 by gross yield.
| # | Area | Region | Avg price | Rent / mo | Gross yield | Net (indic.) | Price-to-rent |
|---|---|---|---|---|---|---|---|
| 1 | Merthyr Tydfil | Wales | £61,316 | £603 | 11.80% | 8.50% | 8.5 |
| 2 | Boston | East Midlands | £76,489 | £638 | 10.01% | 7.21% | 10.0 |
| 3 | Middlesbrough | North East | £74,741 | £605 | 9.71% | 6.99% | 10.3 |
| 4 | Newcastle upon Tyne | North East | £128,956 | £984 | 9.16% | 6.60% | 10.9 |
| 5 | Sunderland | North East | £80,701 | £604 | 8.98% | 6.47% | 11.1 |
| 6 | Blackpool | North West | £74,410 | £555 | 8.95% | 6.44% | 11.2 |
| 7 | Lincoln | East Midlands | £105,711 | £781 | 8.87% | 6.39% | 11.3 |
| 8 | Newcastle-under-Lyme | West Midlands | £89,205 | £657 | 8.84% | 6.36% | 11.3 |
| 9 | Stockton-on-Tees | North East | £85,365 | £628 | 8.83% | 6.36% | 11.3 |
| 10 | Fenland | East of England | £91,429 | £664 | 8.71% | 6.27% | 11.5 |
| 11 | Oadby and Wigston | East Midlands | £111,820 | £800 | 8.59% | 6.18% | 11.6 |
| 12 | Kingston upon Hull, City of | Yorkshire and The Humber | £78,468 | £560 | 8.56% | 6.16% | 11.7 |
| 13 | Gateshead | North East | £98,896 | £696 | 8.45% | 6.08% | 11.8 |
| 14 | Ashfield | East Midlands | £88,584 | £623 | 8.44% | 6.08% | 11.8 |
| 15 | Telford and Wrekin | West Midlands | £96,897 | £681 | 8.43% | 6.07% | 11.9 |
| 16 | Milton Keynes | South East | £161,547 | £1,132 | 8.41% | 6.06% | 11.9 |
| 17 | County Durham | North East | £77,365 | £538 | 8.34% | 6.00% | 12.0 |
| 18 | Ipswich | East of England | £125,119 | £867 | 8.32% | 5.99% | 12.0 |
| 19 | St. Helens | North West | £97,399 | £673 | 8.29% | 5.97% | 12.1 |
| 20 | Peterborough | East of England | £113,017 | £780 | 8.28% | 5.96% | 12.1 |
| 21 | Tendring | East of England | £127,994 | £882 | 8.27% | 5.95% | 12.1 |
| 22 | Torfaen | Wales | £99,222 | £684 | 8.27% | 5.95% | 12.1 |
| 23 | Neath Port Talbot | Wales | £79,932 | £549 | 8.24% | 5.93% | 12.1 |
| 24 | Coventry | West Midlands | £124,586 | £851 | 8.20% | 5.90% | 12.2 |
| 25 | Rhondda Cynon Taf | Wales | £86,065 | £584 | 8.14% | 5.86% | 12.3 |
| 26 | Newport | Wales | £116,921 | £792 | 8.13% | 5.85% | 12.3 |
| 27 | Nuneaton and Bedworth | West Midlands | £108,889 | £738 | 8.13% | 5.85% | 12.3 |
| 28 | Knowsley | North West | £97,076 | £657 | 8.12% | 5.85% | 12.3 |
| 29 | Hartlepool | North East | £71,785 | £485 | 8.11% | 5.84% | 12.3 |
| 30 | Bolton | North West | £114,807 | £775 | 8.10% | 5.83% | 12.3 |
| 31 | North Northamptonshire | East Midlands | £117,032 | £790 | 8.10% | 5.83% | 12.3 |
| 32 | South Tyneside | North East | £92,286 | £622 | 8.09% | 5.82% | 12.4 |
| 33 | Swansea | Wales | £109,653 | £739 | 8.09% | 5.82% | 12.4 |
| 34 | Burnley | North West | £77,397 | £520 | 8.06% | 5.80% | 12.4 |
| 35 | Tamworth | West Midlands | £114,332 | £767 | 8.05% | 5.80% | 12.4 |
| 36 | Denbighshire | Wales | £94,600 | £632 | 8.02% | 5.77% | 12.5 |
| 37 | Stevenage | East of England | £173,329 | £1,157 | 8.01% | 5.77% | 12.5 |
| 38 | Barking and Dagenham | London | £241,057 | £1,607 | 8.00% | 5.76% | 12.5 |
| 39 | Blackburn with Darwen | North West | £89,881 | £599 | 8.00% | 5.76% | 12.5 |
| 40 | North Lincolnshire | Yorkshire and The Humber | £77,052 | £514 | 8.00% | 5.76% | 12.5 |
Frequently asked questions
- Which UK areas have the best rental yield for flats and maisonettes?
- Merthyr Tydfil has the highest gross yield for flats and maisonettes at 11.80% (indicative net 8.50%), from ONS rent £603/month over Land Registry price £61,316 (May 2026 rent · April 2026 price).
- What is the price-to-rent ratio for flats and maisonettes where yield is highest?
- In Merthyr Tydfil the price-to-rent ratio for flats and maisonettes is 8.5 years — that is the number of years of gross rent needed to equal the average purchase price. Lower ratio = higher yield. Computed from ONS and HM Land Registry figures.
- Where is rental yield lowest for flats and maisonettes?
- Kensington and Chelsea has the lowest gross yield for flats and maisonettes among covered areas at 3.54%, a price-to-rent ratio of 28.2 years. Source: ONS rent (May 2026), HM Land Registry price (April 2026).
Yield for other property types
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Browse flat or maisonette listingsSources: Office for National Statistics — Price Index of Private Rents, UK: monthly price statistics (May 2026) and HM Land Registry — UK House Price Index (UKHPI) (April 2026), both Open Government Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. The Gera Yield Index, gross and indicative net yields are computed by GeraRent; methodology at /methodology/gera-yield-index.