UK Region Guide
North West
Manchester and Liverpool anchor the UK's most active investor market outside London. Mix of city-centre BTL, HMOs in former industrial towns, and high-yield commuter belts.
Region avg yield
5.2%
weighted by sales volume
Best city
Manchester
5.9% gross yield
Region avg price
£198k
all property types
Rental demand
Balanced
12 cities · 58 postcodes
Cities & towns in North West
| City / Town | Avg yield ↓ | Avg price | Demand | Sales (12mo) | |
|---|---|---|---|---|---|
Manchester | 5.9% | £273k | Balanced | 4,384 | View guide |
Salford | 5.7% | £224k | Balanced | 1,201 | View guide |
Liverpool | 5.7% | £160k | Balanced | 2,889 | View guide |
Blackpool | 5.6% | £130k | Balanced | 2,266 | View guide |
Preston | 5.3% | £168k | Balanced | 2,080 | View guide |
Wigan | 5.0% | £177k | Balanced | 2,044 | View guide |
Stockport | 4.9% | £268k | Balanced | 1,875 | View guide |
Oldham | 4.9% | £191k | Balanced | 1,617 | View guide |
Bolton | 4.9% | £179k | Balanced | 2,503 | View guide |
Burnley | 4.7% | £118k | Balanced | 1,744 | View guide |
Blackburn | 4.6% | £156k | Balanced | 1,610 | View guide |
Warrington | 4.3% | £253k | Balanced | 2,474 | View guide |
Ownership mix
North West vs UK average · 2,810,416 dwellings · Source: ONS Census 2021
Distinct tenure mix: 18% socially rented (1pp higher than the UK average of 17%).
Owned outrightNo mortgage on the property
32.6%(UK 32.9%)
-0.3pp vs UK
Owned with mortgageIncluding shared ownership
29.9%(UK 29.7%)
+0.2pp vs UK
Privately rented (BTL)Private landlord or letting agent
19.5%(UK 20.3%)
-0.8pp vs UK
Socially rentedCouncil or housing association
18.1%(UK 17.1%)
+1.0pp vs UK
Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).
Aggregates are transaction-count weighted from HM Land Registry medians + PropertyData rents. Ownership mix is dwelling-weighted from ONS Census 2021. This page does not constitute financial advice.