Property investment stats for Middlesbrough, North East

• The average rental yield of 6.9% is among the strongest you’ll find, with the top-performing postcode district offering an even higher yield of 10.5%.
• Affordability is a key advantage, with a price-to-income ratio of 3.7 and asking prices for two-bedroom flats and three-bedroom houses at £85,000 and £169,125 respectively.
• The large student and young adult population creates consistent rental demand, especially for smaller properties and shared accommodation.

• Capital growth over the past year has changed by -1.2%, so anyone banking on rapid price gains may be disappointed compared to other regions.
• The unemployment rate sits in the 98th percentile nationally, which could dampen long-term demand or lead to issues with tenant affordability.
• The proportion of owner-occupiers is in the 22nd percentile, suggesting a less stable owner base and potentially more volatility in the local market.

Rental demand in Middlesbrough looks set to remain robust, supported by a high proportion of private renters and a student population in the 90th percentile. Yields are likely to stay attractive, particularly in the best-performing districts, with the top postcode district offering a yield of 10.5%.

Capital growth may be subdued in the short term, given the one-year figure of -1.2%, though the three-year annualised growth rate of 2.2% shows some longer-term promise. With properties selling at a median discount of £2,000 (the typical achieved discount), there’s room for negotiation. Investors should expect solid returns from rental income, but approach with realistic expectations about price appreciation.