Rental yields›Lichfield
Rental yield in Lichfield
Lichfield sits in the lower half for rental yield in England and Wales, a little below the 4.4% typical figure across all 316 areas.
Over the past year, average prices in Lichfield rose 3.9% and average rents rose 8%.
Gross yield
3.9%
Average price
£337,052
↑ +3.9% / yr
Average rent
£1,100/mo
↑ +8% / yr
National rank
#252 of 316
Who rents here
Census 2021, 45,632 households
12.7% of homes in Lichfield are private rentals.
Average rent by size
1 bedroom
£740/mo
↑ +8.1% / yr
2 bedrooms
£965/mo
↑ +8% / yr
3 bedrooms
£1,155/mo
↑ +8% / yr
4+ bedrooms
£1,693/mo
↑ +7.2% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,568
Band B
£1,829
Band C
£2,091
Band D
£2,352
Band E
£2,875
Band F
£3,397
Band G
£3,920
Band H
£4,704
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 Lichfield average. Change them for a real property.
That is right on the Lichfield average of 3.9%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Lichfield a good place to buy to let?
It is around the middle for rental income, at a 3.9% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in Lichfield?
Over the past year, average rents in Lichfield rose 8% and average prices rose 3.9% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Lichfield?
Rent movement is the best free proxy for tenant demand, and average rents in Lichfield rose 8% 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, 12.7% of Lichfield's 45,632 households rented privately (13% social rented, 73.3% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Lichfield?
As of 2026-07, average monthly rents in Lichfield by property size are £740 for a 1 bedroom property, £965 for a 2 bedroom property, £1,155 for a 3 bedroom property, £1,693 for a 4 or more bedroom property (ONS). The all-size average is £1,100 a month.
How much is council tax in Lichfield?
In 2026-27, the average Band D council tax in Lichfield is £2,352 a year including police and other precepts. Bills scale with the property's band: from £1,568 for Band A up to £4,704 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. Lichfield is at 3.9%.
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.