Accrington vs Halifax for Property Investment
Accrington leads on gross yield at 8%, while Accrington has the lower entry price at £105,000. Here is how the two markets compare on yield, price, deposit and tenant demand.
Accrington vs Halifax at a glance
| Metric | Accrington | Halifax |
|---|---|---|
| Average gross yield | 8% | 7.5% |
| Average property price | £105,000 | £145,000 |
| Implied monthly rent | £700 | £906 |
| 25% deposit | £26,250 | £36,250 |
| Stamp duty (additional property) | £5,250 | £7,250 |
| Population | 35,000 | 90,000 |
| Region | North West | Yorkshire |
| Investor rating | Good | Good |
Accrington
Stock is dominated by Victorian and inter-war terraces, with two- and three-bed houses making up most of what comes to market. Tenant demand is underpinned by local employment in services, healthcare and logistics, supported by a population of around 35,000. On the average £105,000 purchase, a 8.0% gross yield implies roughly £700 per calendar month in rent — a useful sanity check when you are reviewing a listing. Affordable Lancashire town with high yields.
- Strong fitStandard buy-to-let
- Consider carefullyHMO / rent by the room
- Strong fitFirst-time landlord
Halifax
Stock is dominated by Victorian and inter-war terraces, with two- and three-bed houses making up most of what comes to market. Tenant demand is underpinned by local employment in services, healthcare and logistics, supported by a population of around 90,000. On the average £145,000 purchase, a 7.5% gross yield implies roughly £906 per calendar month in rent — a useful sanity check when you are reviewing a listing. Affordable Victorian properties with character appeal.
- Strong fitStandard buy-to-let
- Consider carefullyHMO / rent by the room
- Strong fitFirst-time landlord
Which is the better investment?
If monthly cash flow is your priority, Accrington is the stronger option on paper at 8% gross. If you want the lower capital commitment, Accrington needs around £26,250 as a 25% deposit. Averages only take you so far, though — run the actual listing through PropertyROI before you offer.
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