Rental yields›Erewash
Rental yield in Erewash
Erewash 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 Erewash rose 2.4% and average rents rose 2.1%.
Gross yield
4.6%
Average price
£217,901
↑ +2.4% / yr
Average rent
£834/mo
↑ +2.1% / yr
National rank
#125 of 316
Who rents here
Census 2021, 50,336 households
16.8% of homes in Erewash are private rentals.
Average rent by size
1 bedroom
£601/mo
↑ +2.3% / yr
2 bedrooms
£789/mo
↑ +2.3% / yr
3 bedrooms
£949/mo
↑ +2.3% / yr
4+ bedrooms
£1,312/mo
↑ +1.5% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,574
Band B
£1,836
Band C
£2,099
Band D
£2,361
Band E
£2,886
Band F
£3,410
Band G
£3,935
Band H
£4,722
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 Erewash average. Change them for a real property.
That is right on the Erewash average of 4.6%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Erewash a good place to buy to let?
It is around the middle for rental income, at a 4.6% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in Erewash?
Over the past year, average rents in Erewash rose 2.1% and average prices rose 2.4% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Erewash?
Rent movement is the best free proxy for tenant demand, and average rents in Erewash rose 2.1% 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, 16.8% of Erewash's 50,336 households rented privately (12.7% social rented, 69.9% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Erewash?
As of 2026-07, average monthly rents in Erewash by property size are £601 for a 1 bedroom property, £789 for a 2 bedroom property, £949 for a 3 bedroom property, £1,312 for a 4 or more bedroom property (ONS). The all-size average is £834 a month.
How much is council tax in Erewash?
In 2026-27, the average Band D council tax in Erewash is £2,361 a year including police and other precepts. Bills scale with the property's band: from £1,574 for Band A up to £4,722 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. Erewash is at 4.6%.
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.