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Rental yields›Chorley

Rental yield in Chorley

Chorley 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 Chorley rose 3.7% and average rents rose 7%.

Gross yield

4.5%

Average price

£212,647

↑ +3.7% / yr

Average rent

£792/mo

↑ +7% / yr

National rank

#144 of 316

Who rents here

Census 2021, 50,135 households

13.9% of homes in Chorley are private rentals.

Private rented 13.9%Social rented 13.2%Owner occupied 72.1%

Average rent by size

1 bedroom

£594/mo

↑ +7.3% / yr

2 bedrooms

£758/mo

↑ +7.2% / yr

3 bedrooms

£897/mo

↑ +7.1% / yr

4+ bedrooms

£1,321/mo

↑ +6.1% / yr

1 bed£594
2 beds£758
3 beds£897
4+ beds£1,321

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

Council tax bands (2026-27)

Band A

£1,620

Band B

£1,890

Band C

£2,160

Band D

£2,430

Band E

£2,970

Band F

£3,510

Band G

£4,050

Band H

£4,860

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 Chorley average. Change them for a real property.

Gross yield4.5%

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

How it compares

Chorley4.5%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Chelmsford 4.5%Canterbury 4.5%Dover 4.5%South Ribble 4.5%Broxtowe 4.5%Cannock Chase 4.5%
See it on the yield mapWork out a specific dealCheck this area

Common questions

Is Chorley 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 Chorley?

Over the past year, average rents in Chorley rose 7% and average prices rose 3.7% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in Chorley?

Rent movement is the best free proxy for tenant demand, and average rents in Chorley rose 7% 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, 13.9% of Chorley's 50,135 households rented privately (13.2% social rented, 72.1% owner occupied).

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

As of 2026-07, average monthly rents in Chorley by property size are £594 for a 1 bedroom property, £758 for a 2 bedroom property, £897 for a 3 bedroom property, £1,321 for a 4 or more bedroom property (ONS). The all-size average is £792 a month.

How much is council tax in Chorley?

In 2026-27, the average Band D council tax in Chorley is £2,430 a year including police and other precepts. Bills scale with the property's band: from £1,620 for Band A up to £4,860 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. Chorley is at 4.5%.

Weighing up Chorley? 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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