Gross rental yields in the United Kingdom: London and 7 other cities
The average gross rental yield in the United Kingdom stands at 6.73% (Q4 2024). Previously, in Q2 2024 the rental yield was 7.02%.
Cities compared
- London
- Manchester
- Liverpool
- Birmingham
- Edinburgh
- Glasgow
- Bristol
- Leeds
Historical rental yields in the United Kingdom
View the full rental yield dataset (2023 - Present)
Last Updated: Dec. 16, 2024 Next Update: June 2025 |
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LONDON - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Westminster | |||
Studio | $501,650 | $2,794 | 6.68% |
1-Bedroom | $889,000 | $3,852 | 5.20% |
2-Bedroom | $1,587,500 | $6,054 | 4.58% |
3-Bedroom | $2,921,000 | $8,970 | 3.69% |
4+Bedroom | $6,032,500 | $12,465 | 2.48% |
Wandsworth | |||
Studio | $555,625 | $2,272 | 4.91% |
1-Bedroom | $603,250 | $3,026 | 6.02% |
2-Bedroom | $889,000 | $4,445 | 6.00% |
3-Bedroom | $1,241,425 | $5,715 | 5.52% |
4+Bedroom | $1,670,000 | $6,223 | 4.47% |
Tower Hamlets | |||
Studio | $571,183 | $2,366 | 4.97% |
1-Bedroom | $571,500 | $2,889 | 6.07% |
2-Bedroom | $779,780 | $3,810 | 5.86% |
3-Bedroom | $1,047,750 | $4,445 | 5.09% |
Lambeth | |||
Studio | $449,300 | $1,905 | 5.09% |
1-Bedroom | $546,100 | $2,422 | 5.32% |
2-Bedroom | $762,000 | $3,175 | 5.00% |
3-Bedroom | $942,975 | $3,937 | 5.01% |
Barnet | |||
Studio | $311,150 | $1,651 | 6.37% |
1-Bedroom | $412,750 | $2,096 | 6.09% |
2-Bedroom | $584,200 | $2,667 | 5.48% |
3-Bedroom | $889,000 | $3,556 | 4.80% |
4+Bedroom | $1,682,750 | $6,826 | 4.87% |
Southwark | |||
Studio | $482,600 | $2,667 | 6.63% |
1-Bedroom | $539,750 | $2,667 | 5.93% |
2-Bedroom | $762,000 | $3,429 | 5.40% |
3-Bedroom | $952,500 | $3,912 | 4.93% |
Camden | |||
Studio | $444,500 | $2,201 | 5.94% |
1-Bedroom | $685,800 | $3,274 | 5.73% |
2-Bedroom | $1,047,750 | $4,445 | 5.09% |
3-Bedroom | $1,587,500 | $7,154 | 5.41% |
4+Bedroom | $2,667,000 | $8,890 | 4.00% |
Ealing | |||
Studio | $380,968 | $1,746 | 5.50% |
1-Bedroom | $463,550 | $2,096 | 5.43% |
2-Bedroom | $615,950 | $2,921 | 5.69% |
3-Bedroom | $825,500 | $3,747 | 5.45% |
London (all locations) | |||
Studio | $482,600 | $2,201 | 5.47% |
1-Bedroom | $590,550 | $2,877 | 5.85% |
2-Bedroom | $882,650 | $4,001 | 5.44% |
3-Bedroom | $1,333,500 | $5,484 | 4.93% |
4+Bedroom | $3,492,500 | $11,007 | 3.78% |
London avg. Rental Yields | 5.10% | ||
MANCHESTER - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
City Center | |||
Studio | $153,664 | $1,391 | 10.86% |
1-Bedroom | $243,967 | $1,524 | 7.50% |
2-Bedroom | $381,000 | $2,159 | 6.80% |
3-Bedroom | $482,600 | $2,858 | 7.11% |
Salford | |||
Studio | $158,687 | $1,316 | 9.95% |
1-Bedroom | $241,237 | $1,461 | 7.27% |
2-Bedroom | $367,030 | $1,778 | 5.81% |
3-Bedroom | $472,440 | $2,769 | 7.03% |
Trafford | |||
1-Bedroom | $215,900 | $1,397 | 7.76% |
2-Bedroom | $342,900 | $1,715 | 6.00% |
3-Bedroom | $768,350 | $2,350 | 3.67% |
Manchester (all locations) | |||
Studio | $153,664 | $1,238 | 9.67% |
1-Bedroom | $228,600 | $1,397 | 7.33% |
2-Bedroom | $353,378 | $1,715 | 5.82% |
3-Bedroom | $469,900 | $2,477 | 6.33% |
4+-Bedroom | $996,950 | $3,412 | 4.11% |
Manchester avg. Rental Yields | 6.65% | ||
LIVERPOOL - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
City Center | |||
Studio | $88,900 | $972 | 13.12% |
1-Bedroom | $196,850 | $1,143 | 6.97% |
2-Bedroom | $254,000 | $1,461 | 6.90% |
3-Bedroom | $507,994 | $2,134 | 5.04% |
Liverpool (all locations) | |||
Studio | $82,550 | $953 | 13.85% |
1-Bedroom | $188,944 | $1,016 | 6.45% |
2-Bedroom | $241,300 | $1,334 | 6.63% |
3-Bedroom | $368,300 | $1,683 | 5.48% |
Liverpool avg. Rental Yields | 8.11% | ||
BIRMINGHAM - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
City Center | |||
Studio | $160,338 | $1,143 | 8.55% |
1-Bedroom | $227,013 | $1,270 | 6.71% |
2-Bedroom | $327,660 | $1,651 | 6.05% |
3-Bedroom | $628,650 | $2,534 | 4.84% |
Birmingham (all locations) | |||
Studio | $148,590 | $1,062 | 8.58% |
1-Bedroom | $203,200 | $1,226 | 7.24% |
2-Bedroom | $279,400 | $1,588 | 6.82% |
3-Bedroom | $412,750 | $2,299 | 6.68% |
Birmingham avg. Rental Yields | 7.33% | ||
EDINBURGH - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Edinburgh North | |||
1-Bedroom | $285,750 | $1,461 | 6.14% |
2-Bedroom | $396,875 | $1,905 | 5.76% |
3-Bedroom | $609,600 | $2,534 | 4.99% |
City Center | |||
1-Bedroom | $330,200 | $1,524 | 5.54% |
2-Bedroom | $495,300 | $2,026 | 4.91% |
3-Bedroom | $730,250 | $2,791 | 4.59% |
Edinburgh avg. Rental Yields | 5.32% | ||
GLASGOW - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Glasgow (all locations) | |||
1-Bedroom | $152,400 | $1,143 | 9.00% |
2-Bedroom | $228,600 | $1,524 | 8.00% |
3-Bedroom | $365,125 | $1,905 | 6.26% |
4+Bedroom | $507,365 | $3,302 | 7.81% |
Glasgow avg. Rental Yields | 7.77% | ||
BRISTOL - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Bristol (all locations) | |||
1-Bedroom | $254,000 | $1,588 | 7.50% |
2-Bedroom | $374,650 | $2,096 | 6.71% |
3-Bedroom | $596,900 | $3,029 | 6.09% |
Bristol avg. Rental Yields | 6.77% | ||
LEEDS - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Leeds (all locations) | |||
1-Bedroom | $165,100 | $1,106 | 8.04% |
2-Bedroom | $241,300 | $1,461 | 7.27% |
3-Bedroom | $469,837 | $1,986 | 5.07% |
Leeds avg. Rental Yields | 6.79% | ||
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Rightmove |
Research Methodology:
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