Buy to Let - where are people getting good yields?

[CIS121]

For the last 6 years I've been developing and selling properties around London as a sideline. A sideline that's done very well due in part to rising prices.

I've now got the bulk of my mortgage paid and a pot of about 220k that I've been using to develop and I want to get away from developing to sell, to developing to keep (the ever popular BTL). I've got other good income and want long term investments.

Where are people getting good yields? Yields in London are poor and I have worries about an over inflated market in the South East. Considering Manchester and my work would allow me to be based there during the week when I had a property being renovated.

Who's getting good yields where?

[CIS121]

Cheers folks. I've seen a few ultra cheap houses offering 12%ish - mainly South Wales in the valleys, but this is based on a 35k property and by the time repairs, upkeep and fees come out along with the hassle to reward I don't think the 12% will look so great.

Seen a few around Manchester that work out nearer 8% at 100kish purchase price which looks more appealing. Will take a look at Leeds and Liverpool too - thanks