Property investment stats for Goldthorpe, Yorkshire and The Humber

• Investors will be drawn to the average rental yield of 13.6%, which is among the highest in the country.
• The area’s high proportion of private renters (in the 80th percentile) means strong ongoing demand for rental properties.
• Affordability is a selling point, with a current median asking sale price for a 3-bedroom house of £200,000 and a median rent for the same size at £750.

• The one-year capital growth of -23.2% and three-year annualised growth of -8.9% both point to a market where prices have changed by a significant margin in the wrong direction.
• The area’s low share of professionals and degree-educated residents (each in the bottom 10th percentile) may limit the pool of higher-income tenants or buyers.
• With a relatively high unemployment percentile (72nd), there’s a risk of tenant default or instability in the rental market.

Over the next year, Goldthorpe’s property market is likely to remain a story of strong rental yields but weak price growth. The average rental yield of 13.6% should continue to attract investors who are focused on income rather than capital appreciation, especially given the affordability and high proportion of renters.

However, the outlook for capital values is muted, given the capital growth over one year of -23.2% and over three years of -24.3%**. Unless there is a marked shift in the local employment base or demographics, I do not expect a dramatic turnaround in price trends. Investors should go in with their eyes open, focused on cash flow rather than hoping for quick capital gains.