Rental yields›London›Lambeth
Rental yield in Lambeth
31.4% of households in Lambeth rent privately, one of the highest shares in England and Wales.
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 6.3% and average rents rose 3.7%.
Average gross yield
5.6%
#30 of 316 areas
Average price
£536,623
▼ 6.3% past year
Average rent
£2,525/mo
▲ 3.7% past year
Privately rented
31.4%
of 134,688 homes
Average rent by size
1 bedroom
£1,882/mo
↑ +3.8% / yr
2 bedrooms
£2,342/mo
↑ +3.6% / yr
3 bedrooms
£2,682/mo
↑ +3.8% / yr
4+ bedrooms
£3,715/mo
↑ +3.3% / yr
Average private rent by number of bedrooms, across new and existing tenancies. ONS Price Index of Private Rents (August 2026).
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.
How it compares
Deprivation (IMD 2025)
181 neighbourhoods
1% of Lambeth's neighbourhoods are in England's most deprived 10%. The typical one sits in the more deprived half of the country.
Fifths of England, most to least deprived (MHCLG IMD 2025). It shifts street by street, so check a specific postcode.
212 Article 4 areas are recorded in Lambeth, none of them tagged as restricting HMO conversions; 1 restrict commercial-to-residential conversions. The dataset is incomplete, so check the exact postcode before planning an HMO.
Check on the Article 4 map →Work out the yield on a specific property
Pre-filled with the Lambeth average. Change them for a real property.
That is right on the Lambeth average of 5.6%. Add costs for a net estimate.
Nearby areas
Areas with a similar yield
Common questions
Is Lambeth a good place to buy to let?
It is around the middle for rental income, at a 5.6% 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 3.7% and average prices fell 6.3% (HM Land Registry and ONS, to August 2026).
Is there rental demand in Lambeth?
Rent movement is the best free proxy for tenant demand, and average rents in Lambeth rose 3.7% 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, 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 August 2026, average monthly rents in Lambeth by property size are £1,882 for a 1 bedroom property, £2,342 for a 2 bedroom property, £2,682 for a 3 bedroom property, £3,715 for a 4 or more bedroom property (ONS). The all-size average is £2,525 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.
How deprived is Lambeth?
On the English Indices of Deprivation 2025, 1% of Lambeth's 181 neighbourhoods are in England's most deprived 10%, and 0% are in the least deprived 10%. The typical neighbourhood is in decile 4 of 10, where 1 is most deprived. Deprivation shifts street by street, so check the exact postcode before you offer.
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 5.6%.
Gross yield = annual rent divided by average price. Average price: HM Land Registry UK HPI (July 2026). Average rent: ONS Price Index of Private Rents (August 2026). Deprivation: MHCLG English Indices of Deprivation 2025. Regions: ONS. Local-authority averages across all property types, indicative only. Contains public sector information licensed under the Open Government Licence v3.0. Not investment advice.