New research from estate agency group Lomond has revealed the top 10 postcodes that are currently offering the strongest rental yields to British buy to let investors. 

Lomond analysed the latest data on both property values and asking rents across every postcode in Britain to reveal which boast the strongest rental yields for potential investors, as well as looking at how the yields on offer across the rental market have changed on an annual basis. 

The figures show that across Britain as a whole, the average rental yield currently stands at 4.5%, having increased from 4% this time last year. 

At 5.4%, Scotland is home to the strongest average rental yield at a regional level, with the North East (4.8%) and North West (4.6%) also ranking within the top three. In contrast, the lowest average rental yield is currently found in the South East at 3.8%. 

However, when breaking the market down at postcode level, the LS3 postcode of Leeds ranks as the strongest pocket of the British rental market at present, with the average yield sitting at an impressive 12.8%. In fact, it’s a Yorkshire one-two, with Bradford’s BD1 postcode boasting an average yield of 11.8%, while the Leeds postcode of LS4 comes in as the seventh best in the country with an average yield of 9.7%.