Rental yields›Greenwich
Rental yield in Greenwich
Greenwich 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 Greenwich fell 0.5% and average rents rose 5.6%.
Gross yield
5.1%
Average price
£465,132
↓ -0.5% / yr
Average rent
£1,980/mo
↑ +5.6% / yr
National rank
#73 of 316
Who rents here
Census 2021, 114,051 households
25.5% of homes in Greenwich are private rentals.
Average rent by size
1 bedroom
£1,551/mo
↑ +5.6% / yr
2 bedrooms
£1,918/mo
↑ +5.5% / yr
3 bedrooms
£2,225/mo
↑ +6% / yr
4+ bedrooms
£2,979/mo
↑ +5.3% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,405
Band B
£1,640
Band C
£1,874
Band D
£2,108
Band E
£2,576
Band F
£3,045
Band G
£3,513
Band H
£4,216
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 Greenwich average. Change them for a real property.
That is right on the Greenwich average of 5.1%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Greenwich a good place to buy to let?
It is around the middle for rental income, at a 5.1% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in Greenwich?
Over the past year, average rents in Greenwich rose 5.6% and average prices fell 0.5% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Greenwich?
Rent movement is the best free proxy for tenant demand, and average rents in Greenwich rose 5.6% 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, 25.5% of Greenwich's 114,051 households rented privately (31% social rented, 41.1% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Greenwich?
As of 2026-07, average monthly rents in Greenwich by property size are £1,551 for a 1 bedroom property, £1,918 for a 2 bedroom property, £2,225 for a 3 bedroom property, £2,979 for a 4 or more bedroom property (ONS). The all-size average is £1,980 a month.
How much is council tax in Greenwich?
In 2026-27, the average Band D council tax in Greenwich is £2,108 a year including police and other precepts. Bills scale with the property's band: from £1,405 for Band A up to £4,216 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. Greenwich is at 5.1%.
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.