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Rental yields›Chesterfield

Rental yield in Chesterfield

Chesterfield sits in the upper half for rental yield in England and Wales, a bit above the 4.4% typical figure across all 316 areas.

Over the past year, average prices in Chesterfield rose 4.5% and average rents rose 2.4%.

Gross yield

4.5%

Average price

£199,439

↑ +4.5% / yr

Average rent

£754/mo

↑ +2.4% / yr

National rank

#140 of 316

Who rents here

Census 2021, 48,058 households

16.2% of homes in Chesterfield are private rentals.

Private rented 16.2%Social rented 20.7%Owner occupied 62.6%

Average rent by size

1 bedroom

£538/mo

↑ +2.2% / yr

2 bedrooms

£692/mo

↑ +2.4% / yr

3 bedrooms

£827/mo

↑ +2.6% / yr

4+ bedrooms

£1,164/mo

↑ +1.7% / yr

1 bed£538
2 beds£692
3 beds£827
4+ beds£1,164

Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).

Council tax bands (2026-27)

Band A

£1,559

Band B

£1,819

Band C

£2,079

Band D

£2,339

Band E

£2,859

Band F

£3,379

Band G

£3,898

Band H

£4,678

Average annual bill for the area, including police and other precepts (MHCLG and Welsh Government, 2026-27). Community precepts vary, and the band is set by the property, so check the exact band on gov.uk.

Work out the yield on a specific property

Pre-filled with the Chesterfield average. Change them for a real property.

Gross yield4.5%

That is right on the Chesterfield average of 4.5%. Add costs for a net estimate.

How it compares

Chesterfield4.5%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Wandsworth 4.6%Fenland 4.5%Bolsover 4.5%Chelmsford 4.5%Canterbury 4.5%Dover 4.5%
See it on the yield mapWork out a specific dealCheck this area

Common questions

Is Chesterfield a good place to buy to let?

It is around the middle for rental income, at a 4.5% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.

Are rents rising in Chesterfield?

Over the past year, average rents in Chesterfield rose 2.4% and average prices rose 4.5% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in Chesterfield?

Rent movement is the best free proxy for tenant demand, and average rents in Chesterfield rose 2.4% over the past year (ONS), which points to tenants competing for available stock. Still ask local letting agents about typical void periods before committing to a buy-to-let there. For the size of the market: at the 2021 census, 16.2% of Chesterfield's 48,058 households rented privately (20.7% social rented, 62.6% owner occupied).

What is the average rent for a 1, 2 or 3 bedroom property in Chesterfield?

As of 2026-07, average monthly rents in Chesterfield by property size are £538 for a 1 bedroom property, £692 for a 2 bedroom property, £827 for a 3 bedroom property, £1,164 for a 4 or more bedroom property (ONS). The all-size average is £754 a month.

How much is council tax in Chesterfield?

In 2026-27, the average Band D council tax in Chesterfield is £2,339 a year including police and other precepts. Bills scale with the property's band: from £1,559 for Band A up to £4,678 for Band H. Community precepts vary within the area, so treat these as area averages and check the exact band and bill with the council.

What is a good rental yield in the UK?

As a rough guide, under 4% is low, 5 to 6% is typical, and above 6.5% is high. Chesterfield is at 4.5%.

Weighing up Chesterfield? Ask people who invest there in the free Housetrix Discord, or browse every area ranked by yield.

Gross yield = annual rent divided by average price. Average price: HM Land Registry UK HPI (01/06/2026). Average rent: ONS Price Index of Private Rents (2026-07). Local-authority averages across all property types, indicative only. Contains public sector information licensed under the Open Government Licence v3.0. Not investment advice.

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