The Worst Places To Be A Long-Term Landlord

In one of our recent articles, we took a detailed look at some of the best places around the UK to be a long-term landlord.

So, in the interest of fairness, we thought it would now make sense to look at it the other way around as well, highlighting some of the places to avoid if you’re thinking about investing in property any time soon. After all, you don’t want to buy somewhere where you might not even break even with your income.

Whether it be Devon – the ‘renewable heart of the UK’ – where you could save £750 per year using renewable energy or East Sussex which, according to research, currently leads the way for monthly profitability, it’s important to ensure that wherever you buy comes with a healthy yield attached to it.

With this in mind, join us as we run through three areas of the UK you will definitely want to steer clear of when looking at your buy-to-let options.

But first… a disclaimer.

Before we get into the nitty-gritty of where not to buy in the UK, it’s important to mention that saying any location is worse than another is highly subjective.

Many of the surveys that our findings below are based on often gloss over the good aspects of an area and exaggerate the negatives. Because, fundamentally, the worse places to buy in the UK are the areas where you don’t make a profit, which often doesn’t have anything to do with the actual location themselves.

So, please just bear that in mind as you navigate through the areas we’ve highlighted below.

Solihull

If you’re looking to buy somewhere expensive, where the monthly mortgage cost is more than the average rent price and you have to pay monthly landlord costs on top, then Solihull is the place for you.

With an average mortgage price of £995.19 and a monthly landlord cost of £62.55, you would most likely end up shelling out over £1000 per month on your property. And, as if that’s not bad enough, the average rent price is approximately £850 per month, meaning you could actually lose more than £200 each month choosing to let there.

However, if you can get past the numbers, Solihull was voted the best place to live in Britain back in 2013, so it could be worth the long-term investment. It also has a fairly low crime rate, making it one of the safer places to live if you’re looking to buy within the West Midlands.

But, with the average house price coming in at £377,000, there are better areas of the UK to buy in if you’re looking to actually make money instead of losing it.

Central London

It’ll probably come as no surprise to you to hear that buying a property in the UK’s capital is not only incredibly expensive but there’s also relatively few properties available to buy in comparison to the rest of the UK.

However, it’s not just that you need to worry about. When it comes to buy-to-let investments, research shows that buying in the capital offers a fairly limited return in profit, with postcodes in W1 offering an especially low yield of just 1.4%.

It’s pretty easy to see why really too. With the average asking price in Central London at approximately £2.3 million, the average rent price in this area comes in at approximately £2,807 per month. This, in turn, prices many Londoners out of the rental market, with their average salary unable to cover the extortionate rent prices.

Finding tenants who can afford this high level of rent is, therefore, much easier said than done. So, you could be shooting yourself in the foot by choosing to invest in property within London, as tempting it might seem in principle.

Sheffield

Confusingly, Sheffield is both one of the best places to be a landlord, as well as one of the worst.

According to research by CIA Landlord, investing in a buy-to-let in Sheffield will give you an approximate monthly loss of £105.90, with the average monthly rent price unable to cover the average monthly mortgage cost and associated landlord costs.

However, this doesn’t correlate with research from TotallyMoney, which investigated the percentage yield attached to more than 500,000 properties across the UK.

As a result of their work, they found that – at 7.92% – the S1 postcode in Sheffield offered the tenth highest yield in the UK, making it one of the best places to buy-to-let. So, who do you believe?

Well, that’s up to you to decide. As we mentioned in the disclaimer above, buying a property is highly subjective so it really comes down to how much you can afford.

Whether you have a particular love of properties in Tunbridge Wells or are especially keen to buy somewhere cheap yet profitable, rather than looking at the worse places to be a landlord, it’s more important to look at where you want to buy and weigh up whether it’s a viable option.

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Housing Insight Report: May 2026

While we have seen a slight dip in prospective buyer registrations, stock levels have edged upwards, giving consumers more choice and helping to create a more balanced sales market. Although tenant demand increased throughout May, available stock fell slightly, leaving an average of eight applicants competing for every available property. Residential sales The average number…
Read More
Breaking News

Breaking Property News 28/7/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   The UK rental market just changed hands. The tenant sets the terms now Lettings operators now realise that their ‘new’ tech savvy tenants, expect an instant 24/7 level of service as standard Thought Leadership by Adam Pigott CEO of tlyfe and OpenBrix | Consumer-Centric Property Platform  ‘Tenants weren’t the ones deciding that…
Read More
Breaking News

No-deposit mortgages could cost first-time buyers

No-deposit mortgage could cost London first-time buyers £73,000 more in interest over first five years The latest research by London lettings and estate agent, Benham and Reeves, has revealed that whilst the emergence of no-deposit mortgages provides a welcome route onto the property ladder for buyers struggling to save, the cost of doing so is…
Read More
Breaking News

Beach hut values fall for second consecutive year

The latest research from Yopa has found that beach hut prices have fallen for the second consecutive year across the UK’s most sought-after coastal locations, as the extraordinary growth seen in the years immediately following the pandemic continues to unwind. Yopa analysed the average asking price of beach huts across eight of the UK’s most…
Read More
Breaking News

Burnham’s property and land tax: what would it mean for property owners?

With reports suggesting that property and land taxes could be on the cards under Burnham,  Simon Gerrard, Chairman of Martyn Gerrard Estate Agents, comments on what these proposals could mean for homeowners, particularly those in London who are likely to bear the brunt of any changes, given the capital’s significantly higher property values.   On uncertainty:…
Read More
Property for sale
Breaking News

Homebuyers can save up to 47% by looking next door to the UK’s priciest postcodes

New research reveals how much less buyers could pay in postcodes neighbouring the UK’s most expensive locations Homes in these neighbouring areas are 28% cheaper on average, with the biggest gap reaching 47% in the North East Significant savings also seen in London, Scotland, Wales and Northern Ireland   Homebuyers could save up to 47%…
Read More