England averages at 4.1%, with the best yields in the North East at 4.9%. Northern Ireland offers an average yield of 5.4%, with Wales having the worst yields, at just 3.6%.
Commenting on the research, urban regeneration firm, Urban Union, said: "Last year, Brexit uncertainty and an upcoming General Election causing economic uncertainty has caused house price growth to slow or stagnate in much of the UK – although Scotland outperformed the rest of the UK in terms of house price growth with strong figures in both Glasgow and Edinburgh.
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"However, we are now seeing a house price bounce which started late last year and the market is once again on the up with a very busy start to the year. Both Zoopla and Rightmove saw a flurry of activity and the introduction of the First Home Fund also gave the first-time-buyer market a boost.
"Now is a great time to invest in property before prices regain momentum and the returns start to tighten. Mortgages are also still very affordable with some highly competitive deals available.
"We have two developments available in Glasgow – Laurieston Living with properties still available and Pollokshaws Living which has just launched with prices starting at just £160,000.
"These offer excellent investment opportunities especially as the cost of buy-to-let mortgages is falling year-on-year. Four years ago saw the introduction of the 3% surcharge for second properties, and so many landlords are coming to the end of their existing deal and finding the mortgage market extremely competitive."
(MH/JG)
