Where are the highest rental yields in the North West?

Manchester has the highest average gross rental yield in the North West at 6.5%, from an average price of £252,309 and rent of £1,373 a month. It ranks 4 of 316 areas across England and Wales.

What is a typical rental yield in the North West?

The median gross yield across the 35 council areas in the North West is 4.9%, compared with 4.4% across England and Wales.

Rental yields›North West

Rental yields in the North West

The North West has 35 council areas and a typical gross rental yield of 4.9%, above the 4.4% median across England and Wales. Yields run from 3.4% in Ribble Valley to 6.5% in Manchester. The typical area here has an average price of £209,723 and an average rent of £823 a month.

Highest (Manchester)

6.5%

Typical (median)

4.9%

Lowest (Ribble Valley)

3.4%

All 35 areas in the North West, ranked

AreaYieldAvg price

1.Manchester6.5%£252,309 2.Blackpool6.3%£137,386 3.Salford6.1%£229,462 4.Liverpool5.8%£189,036 5.Burnley5.6%£135,012 6.Hyndburn5.5%£141,430 7.Knowsley5.5%£188,527 8.Pendle5.3%£152,798 9.Tameside5.3%£209,723 10.Blackburn with Darwen5.2%£165,131 11.Bolton5.2%£204,379 12.Oldham5.2%£217,171 13.St. Helens5.2%£185,154 14.Preston5.0%£188,629 15.Sefton5.0%£224,289 16.Lancaster4.9%£202,966 17.Rossendale4.9%£199,759 18.Rochdale4.9%£209,389 19.Cumberland4.8%£170,966 20.Bury4.8%£242,437 21.Halton4.6%£194,727 22.Wyre4.6%£193,650 23.Wigan4.6%£194,551 24.Wirral4.6%£221,849 25.Chorley4.5%£213,246 26.South Ribble4.5%£213,267 27.Cheshire West and Chester4.4%£270,104 28.Fylde4.4%£235,793 29.Westmorland and Furness4.2%£230,449 30.Stockport4.2%£317,913 31.Warrington4.1%£260,040 32.West Lancashire4.1%£236,194 33.Trafford4.1%£400,688 34.Cheshire East3.8%£309,121 35.Ribble Valley3.4%£285,610

Gross yield = annual rent divided by average price. Tap any area for prices, rents by bedroom count, council tax, tenure and Article 4 data.

8 councils in the North West have Article 4 areas restricting HMO conversions in the national planning dataset: Blackpool, Salford, Liverpool, Burnley, Sefton, Rossendale, Bury, Halton. Inside those areas, turning a family home into a small HMO needs full planning permission. See the Article 4 report.

Other regions

East Midlands East of England London North East South East South West Wales West Midlands Yorkshire and The Humber

Average price: HM Land Registry UK HPI (July 2026). Average rent: ONS Price Index of Private Rents (August 2026). Regions: ONS. Local-authority averages across all property types, indicative only. Contains public sector information licensed under the Open Government Licence v3.0. Not investment advice.