Hull vs Rhyl for Property Investment
Hull leads on gross yield at 8%, while Rhyl has the lower entry price at £125,000. Here is how the two markets compare on yield, price, deposit and tenant demand.
Hull vs Rhyl at a glance
| Metric | Hull | Rhyl |
|---|---|---|
| Average gross yield | 8% | 7.5% |
| Average property price | £130,000 | £125,000 |
| Implied monthly rent | £867 | £781 |
| 25% deposit | £32,500 | £31,250 |
| Stamp duty (additional property) | £6,500 | £6,250 |
| Population | 260,000 | 25,000 |
| Region | Yorkshire | Wales |
| Investor rating | Good | Good |
Hull
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 public-sector employers including hospitals and councils, local employment in services, healthcare and logistics, supported by a population of around 260,000. On the average £130,000 purchase, a 8.0% gross yield implies roughly £867 per calendar month in rent — a useful sanity check when you are reviewing a listing. City of Culture legacy with ongoing regeneration.
- Strong fitStandard buy-to-let
- Strong fitHMO / rent by the room
- Strong fitFirst-time landlord
Rhyl
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 seasonal and holiday-let demand, local employment in services, healthcare and logistics, supported by a population of around 25,000. On the average £125,000 purchase, a 7.5% gross yield implies roughly £781 per calendar month in rent — a useful sanity check when you are reviewing a listing. Coastal regeneration with high yields.
- 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, Hull is the stronger option on paper at 8% gross. If you want the lower capital commitment, Rhyl needs around £31,250 as a 25% deposit. Averages only take you so far, though — run the actual listing through PropertyROI before you offer.
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