Introduction:
Investing in property in County Durham offers a variety of high-yielding opportunities for savvy investors. With a focus on return on investment (ROI) and average rental yields, we have compiled a list of the top 5 high yield investment areas in County Durham. In this blog post, we will provide key stats, insights, and descriptions of these locations to help you make informed decisions and maximise your property investment returns.
5. Seaham
Population: 21,000 (2020) Average rental yield: 5.6%
Seaham, a coastal town in County Durham, offers property investors a combination of affordable property prices and strong rental demand. With ongoing regeneration projects and an average rental yield of 5.6%, Seaham is an attractive option for investors looking to invest in property in County Durham.
4. Bishop Auckland
Population: 25,000 (2020) Average rental yield: 6.2%
Bishop Auckland is a historic market town with a growing rental market. The town offers a diverse range of property types, from charming period homes to modern apartments. With an average rental yield of 6.2%, Bishop Auckland provides solid returns for investors seeking high-yielding properties in County Durham.
3. Darlington
Population: 92,000 (2020) Average rental yield: 6.4%
Darlington, a popular town in County Durham, has become a hotspot for property investment due to its strong economy and excellent transport links. The town’s thriving rental market, particularly among young professionals and families, contributes to its attractive average rental yield of 6.4%.
2. Ferryhill
Population: 8,500 (2020) Average rental yield: 7.0%
Ferryhill is a small town in County Durham that offers property investors excellent rental yields and affordable property prices. With its strong sense of community and a range of local amenities, Ferryhill is an appealing option for investors looking to invest in property in County Durham. The town boasts an impressive average rental yield of 7.0%.
1. Peterlee
Population: 20,000 (2020) Average rental yield: 7.5%
Peterlee, a new town in County Durham, is the top high-yield investment area in the region. The town has a strong rental market and a diverse range of property types, making it an ideal choice for property investors seeking high rental yields. With an average rental yield of 7.5%, Peterlee offers the best ROI for investors looking to invest in property in County Durham.
Conclusion:
County Durham offers a variety of excellent property investment opportunities, with the top five high-yield investment areas highlighted in this blog post providing impressive rental yields and capital growth potential. To stay informed about high-yield investment areas and receive valuable insights on property investment, sign up for the Invest In Property (investinproperty.com) newsletter. Stay ahead of the curve and make the most of your property investments in County Durham.
