"Whether consciously or unconsciously, renters are drawn to cultural places and landlords are finding better returns in these areas."
The study analysed the number of listed buildings in each UK city and compared it with the average rental yield of properties in the same area.
Glasgow has the highest estimated rental yield of any city at 7.52% and also has the third most listed buildings (4697).
Edinburgh, Leeds, Aberdeen and Liverpool also have higher than average (4.12%) rental yields. Edinburgh has the second highest number of listed buildings and an average rental yield of 4.74%.
Following the news that Liverpool will be stripped of its world heritage status and fears that other sites across the UK could follow suit, the data reveals how historic landmarks financially affect cities, as well as culturally.
Warrick Swift, commercial director of Property Inspect, commented: “The rental market is becoming increasingly challenging for landlords of all sizes thanks to rising house prices but it’s always interesting to examine what else influences the property market. Whether consciously or unconsciously, renters are drawn to cultural places and landlords are finding better returns in these areas.
"The average rental yield has fallen slightly in the last year so results like these give landlords an indication of factors beyond property price that could draw in potential renters and result in more reliable yields over a longer period of time.”
