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Rental yields›Lambeth

Rental yield in Lambeth

Lambeth 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 Lambeth fell 3.3% and average rents rose 4.2%.

Gross yield

5.5%

Average price

£548,034

↓ -3.3% / yr

Average rent

£2,519/mo

↑ +4.2% / yr

National rank

#37 of 316

Who rents here

Census 2021, 134,688 households

31.4% of homes in Lambeth are private rentals.

Private rented 31.4%Social rented 33.6%Owner occupied 33%

Average rent by size

1 bedroom

£1,878/mo

↑ +4.3% / yr

2 bedrooms

£2,337/mo

↑ +4.2% / yr

3 bedrooms

£2,676/mo

↑ +4.4% / yr

4+ bedrooms

£3,708/mo

↑ +3.8% / yr

1 bed£1,878
2 beds£2,337
3 beds£2,676
4+ beds£3,708

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

Council tax bands (2026-27)

Band A

£1,365

Band B

£1,592

Band C

£1,820

Band D

£2,047

Band E

£2,502

Band F

£2,957

Band G

£3,412

Band H

£4,094

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 Lambeth average. Change them for a real property.

Gross yield5.5%

That is right on the Lambeth average of 5.5%. Add costs for a net estimate.

How it compares

Lambeth5.5%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Sandwell 5.5%Leeds 5.5%Barking and Dagenham 5.5%Leicester 5.4%Plymouth 5.4%Bournemouth, Christchurch and Poole 5.4%
See it on the yield mapWork out a specific dealCheck this area

Common questions

Is Lambeth a good place to buy to let?

It is around the middle for rental income, at a 5.5% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.

Are rents rising in Lambeth?

Over the past year, average rents in Lambeth rose 4.2% and average prices fell 3.3% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in Lambeth?

Rent movement is the best free proxy for tenant demand, and average rents in Lambeth rose 4.2% 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, 31.4% of Lambeth's 134,688 households rented privately (33.6% social rented, 33% owner occupied).

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

As of 2026-07, average monthly rents in Lambeth by property size are £1,878 for a 1 bedroom property, £2,337 for a 2 bedroom property, £2,676 for a 3 bedroom property, £3,708 for a 4 or more bedroom property (ONS). The all-size average is £2,519 a month.

How much is council tax in Lambeth?

In 2026-27, the average Band D council tax in Lambeth is £2,047 a year including police and other precepts. Bills scale with the property's band: from £1,365 for Band A up to £4,094 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. Lambeth is at 5.5%.

Weighing up Lambeth? 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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