Rental yields›Middlesbrough
Rental yield in Middlesbrough
Middlesbrough has one of the highest average gross rental yields in England and Wales. Relatively affordable prices against solid rents put it near the top of 316 areas for buy-to-let income return.
Over the past year, average prices in Middlesbrough rose 2% and average rents rose 4.7%.
Gross yield
6.1%
Average price
£137,773
↑ +2% / yr
Average rent
£699/mo
↑ +4.7% / yr
National rank
#12 of 316
Who rents here
Census 2021, 60,265 households
21% of homes in Middlesbrough are private rentals.
Average rent by size
1 bedroom
£499/mo
↑ +4.7% / yr
2 bedrooms
£634/mo
↑ +4.8% / yr
3 bedrooms
£754/mo
↑ +5% / yr
4+ bedrooms
£992/mo
↑ +4% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,699
Band B
£1,983
Band C
£2,266
Band D
£2,549
Band E
£3,115
Band F
£3,682
Band G
£4,248
Band H
£5,098
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 Middlesbrough average. Change them for a real property.
That is right on the Middlesbrough average of 6.1%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Middlesbrough a good place to buy to let?
On income alone it is among the strongest areas in England and Wales, at a 6.1% average gross yield. High-yield areas tend to see slower price growth, so it suits investors who value monthly income over long-term capital gains.
Are rents rising in Middlesbrough?
Over the past year, average rents in Middlesbrough rose 4.7% and average prices rose 2% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Middlesbrough?
Rent movement is the best free proxy for tenant demand, and average rents in Middlesbrough rose 4.7% 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, 21% of Middlesbrough's 60,265 households rented privately (23.2% social rented, 55% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Middlesbrough?
As of 2026-07, average monthly rents in Middlesbrough by property size are £499 for a 1 bedroom property, £634 for a 2 bedroom property, £754 for a 3 bedroom property, £992 for a 4 or more bedroom property (ONS). The all-size average is £699 a month.
How much is council tax in Middlesbrough?
In 2026-27, the average Band D council tax in Middlesbrough is £2,549 a year including police and other precepts. Bills scale with the property's band: from £1,699 for Band A up to £5,098 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. Middlesbrough is at 6.1%.
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.