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Rental yields›Lewisham

Rental yield in Lewisham

Lewisham 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 Lewisham rose 0.6% and average rents rose 2.4%.

Gross yield

4.5%

Average price

£491,259

↑ +0.6% / yr

Average rent

£1,828/mo

↑ +2.4% / yr

National rank

#154 of 316

Who rents here

Census 2021, 122,393 households

27.2% of homes in Lewisham are private rentals.

Private rented 27.2%Social rented 29.2%Owner occupied 41.9%

Average rent by size

1 bedroom

£1,456/mo

↑ +2.5% / yr

2 bedrooms

£1,789/mo

↑ +2.4% / yr

3 bedrooms

£2,056/mo

↑ +2.8% / yr

4+ bedrooms

£2,713/mo

↑ +2.2% / yr

1 bed£1,456
2 beds£1,789
3 beds£2,056
4+ beds£2,713

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

Council tax bands (2026-27)

Band A

£1,491

Band B

£1,740

Band C

£1,988

Band D

£2,237

Band E

£2,734

Band F

£3,231

Band G

£3,728

Band H

£4,474

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 Lewisham average. Change them for a real property.

Gross yield4.5%

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

How it compares

Lewisham4.5%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Solihull 4.5%Kirklees 4.5%Bexley 4.5%Westminster 4.5%Flintshire 4.5%Caerphilly 4.5%
See it on the yield mapWork out a specific dealCheck this area

Common questions

Is Lewisham 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 Lewisham?

Over the past year, average rents in Lewisham rose 2.4% and average prices rose 0.6% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in Lewisham?

Rent movement is the best free proxy for tenant demand, and average rents in Lewisham rose 2.4% 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, 27.2% of Lewisham's 122,393 households rented privately (29.2% social rented, 41.9% owner occupied).

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

As of 2026-07, average monthly rents in Lewisham by property size are £1,456 for a 1 bedroom property, £1,789 for a 2 bedroom property, £2,056 for a 3 bedroom property, £2,713 for a 4 or more bedroom property (ONS). The all-size average is £1,828 a month.

How much is council tax in Lewisham?

In 2026-27, the average Band D council tax in Lewisham is £2,237 a year including police and other precepts. Bills scale with the property's band: from £1,491 for Band A up to £4,474 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. Lewisham is at 4.5%.

Weighing up Lewisham? 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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