Northern Ireland has been named the UK’s leading property investment hotspot, with Belfast forecast to deliver the highest rental yields in the region and some of the most affordable house prices in the country.
Figures from Northern Ireland-based estate agency John Minnis show the capital city is expected to generate rental yields of around 6.1%, well above many other major UK cities. Derry/Londonderry follows at 4.3% and Newry at 2.7%.
The agency’s latest investment guide also highlights Northern Ireland’s significant affordability advantage. The average house price is £176,131 — 44% lower than England’s £316,000 average — and below Wales (£225,000) and Scotland (£189,000).
This price gap extends to the rental market. A two-bedroom apartment in Belfast city centre averages £930 per month, compared to £1,850 in London and £1,280 in Manchester.
For landlords, the combination of lower purchase prices and healthy rental income offers a compelling return on investment.
John Minnis, founder of the estate agency, said: “Investors are looking for the sweet spot where affordability meets growth potential – and Northern Ireland is delivering exactly that. You can buy a quality home here for less than half the price of one in England, but still achieve yields that rival or beat the rest of the UK.”
The findings come amid growing interest from domestic and international investors in regional UK markets offering strong yields, lower entry costs, and lifestyle appeal.
