It’s not just flights that are grounded, airport rental yields are flying below the national average

June 2, 2020

Research by lettings management platform, Howsy, has found that when it comes to rental yields surrounding the UK’s top 25 airports, just one offers a return above the UK average of 5%.

Due to the high demand for homes within close proximity, rental markets surrounding airports have traditionally been buy-to-let hotspots. However, Howsy analysed current yields around 25 of the UK’s largest airports based on annual passenger totals and found that this is currently no longer the case.

The figures show that it’s not just flights that are grounded with the average rental yield across all 25 airports sat at just 3.7%.

Just Glasgow continues to soar where rental yields are concerned, with the average yield surrounding the airport cruising at 6.9%; some way above the UK average.

East Midlands airport came in just below the UK average at 4.9%, while Birmingham, London Southend, Aberdeen, Liverpool, London Luton and London Heathrow provided the next best yields between 4% and 4.4%.

At 2.5%, Bristol airport is home to the lowest current rental yield, followed by Humberside (2.8%) and London Stansted (2.9%).

Ranking – best rental yield surrounding the UK’s top 25 airports
Airport
Average Rental Yield
Glasgow
6.9%
East Midlands
4.9%
Birmingham
4.4%
London Southend
4.2%
Aberdeen
4.1%
Liverpool
4.1%
London Luton
4.0%
London Heathrow
4.0%
London City
3.9%
Edinburgh
3.9%
Southampton
3.7%
Inverness
3.6%
Exeter
3.6%
Manchester
3.5%
Doncaster Sheffield
3.5%
Newquay
3.4%
Norwich
3.4%
Cardiff
3.2%
Leeds Bradford
3.1%
London Gatwick
3.1%
Newcastle
3.1%
Bournemouth
3.0%
London Stansted
2.9%
Humberside
2.8%
Bristol
2.5%
UK
5.0%

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Breaking News

Housing market gets off to its strongest start in three years, with new sales agreed up 12 per cent on 2024

The 2025 sales market has got off to a stronger start than in 2024 or 2023 with buyer demand up 13 per cent and 10 per cent more homes for sale Rising sales are supporting UK house price inflation which is +2.0 per cent in the year to December 2024, compared to -0.9 per cent…
Read More →
for sale sign london
Breaking News

Westminster council must outline how their proposals on property boards will not hinder market

Westminster City Council must explain how their proposals to renew the existing Regulation 7 Direction and expand it to the whole borough will not hinder the sales and lettings markets, Propertymark argues. At present, some areas of Westminster are subject to a Regulation 7 Direction, which means consent from the Council is needed to display…
Read More →
Breaking News

National Federation of Builders View on Chancellor’s Speech

At the Autumn Budget 2024, Chancellor Reeves scaled back her interference in the planning process. However, in her speech today, she returned to the position that a well-functioning planning system is crucial to not only enabling growth but, more importantly, sustaining it. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), commented: “The…
Read More →
Letting Agent Talk

Landlords and Tenants: A Balanced Relationship in the Private Rental Sector (PRS)

New findings from Leaders Romans Group’s (LRG) latest survey reveal a balanced picture of landlord-tenant relations in the UK. Contrary to negative stereotypes often portrayed, the data shows that tenants view their landlords positively while highlighting areas for improvement in communication and responsiveness. The survey found that 55% of tenants believe their landlord provides quality…
Read More →
Estate Agent Talk

Government Correct to Head Off Climate and Nature Bill

The ‘Climate and Nature Private Members’ Bill’, brought forward by Dr. Roz Savage MP, seeks to set new legally binding targets for climate and nature, as well as give the Secretary of State a duty to implement a strategy to achieve these targets. The National Federation of Builders (NFB) has worked closely with Government’s old…
Read More →
Breaking News

Property expert issues warning ahead of stamp duty changes – this is how YOU could avoid paying more

New stamp duty rules are set to come in from April which could catch out many homebuyers and leave them paying thousands more than planned. Currently, first-time buyers do not pay any stamp duty on homes costing up to £425,000, while the threshold for other buyers is £250,000. But from 1 April 2025, the threshold…
Read More →