Bangor vs Rugby for Property Investment
Bangor leads on gross yield at 5.5%, while Bangor has the lower entry price at £195,000. Here is how the two markets compare on yield, price, deposit and tenant demand.
Bangor vs Rugby at a glance
| Metric | Bangor | Rugby |
|---|---|---|
| Average gross yield | 5.5% | 5.5% |
| Average property price | £195,000 | £285,000 |
| Implied monthly rent | £894 | £1,306 |
| 25% deposit | £48,750 | £71,250 |
| Stamp duty (additional property) | £9,750 | £16,000 |
| Population | 65,000 | 75,000 |
| Region | Northern Ireland | West Midlands |
| Investor rating | Good | Good |
Bangor
Typical stock is a mix of terraces, ex-council semis and a growing number of apartment conversions closer to the centre. Tenant demand is underpinned by commuters using the town's rail and road links, seasonal and holiday-let demand, supported by a population of around 65,000. On the average £195,000 purchase, a 5.5% gross yield implies roughly £894 per calendar month in rent, a useful sanity check when you are reviewing a listing. Belfast commuter with coastal appeal.
- WorkableStandard buy-to-let
- Consider carefullyHMO / rent by the room
- Strong fitFirst-time landlord
Rugby
Expect a spread of semi-detached family homes, period conversions and new-build apartment schemes, with terraces concentrated in the older inner areas. Tenant demand is underpinned by commuters using the town's rail and road links, local employment in services, healthcare and logistics, supported by a population of around 75,000. On the average £285,000 purchase, a 5.5% gross yield implies roughly £1,306 per calendar month in rent, a useful sanity check when you are reviewing a listing. Logistics hub with excellent rail links.
- WorkableStandard buy-to-let
- Consider carefullyHMO / rent by the room
- WorkableFirst-time landlord
Which is the better investment?
If monthly cash flow is your priority, Bangor is the stronger option on paper at 5.5% gross. If you want the lower capital commitment, Bangor needs around £48,750 as a 25% deposit. Averages only take you so far, though, so run the actual listing through PropertyROI before you offer.
Analyse a Property Now