A personal finance comparative website has produced a league table of Britain's top 10 highest buy to let yields - with Sheffield, Aberdeen and Bradford vying for first position.
TotallyMoney.com has looked at 2,682 postcode districts across England, Scotland and Wales, with data compiled from 751,600 properties on the market for sale or rent.
Sheffield's S1 postcode tops the table with a yield of 11.1 per cent; then comes Aberdeen's AB24 postcode on 10.43 per cent and Bradford on 9.18 per cent. Manchester has 8.71 per cent followed by Southampton on 8.62 per cent, narrowly ahead of York on 8.61.
The top 10 is rounded off by Greenock on 8.5 per cent, then another part of Aberdeen - the AB11 postcode - on 8.12, with Glasgow's G44 area on 7.9 per cent and Paisley on 7.85 per cent.
Unsurprisingly London fares badly, given the high and ever-rising capital values in the capital. Worst of all postcodes is SW7, South Kensington, with a yield of only 1.56 per cent. However, some parts of London did fare a little better. Plaistow's E13 postcode returned a yield of 5.78 per cent, followed by East Ham's E6 on 5.55 and Edmonton's N18 with 5.45 per cent.
The website defines rental yield is defined as the median annual rent divided by median asking price, as surveyed on September 12.
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