Does the 1% rule in the UK work?

[Krisztian Adorjan]

I have been looking for properties in the UK(Liverpool, Sheffield, Manchester) that would cashflow well, so I have been using the 1% rule as an indicator to see how many deals would be interesting.
But to be honest, I haven't been able to find many properties that would come into that category. 

Is it possible that when it comes to cash-flowing properties, it’s a lot better to do deals in the US then in Europe/UK?

Is it fairly easy to find properties with the 1% rule in the US that would most probably cash flow well?

Thank you for all the help!