Rental yields›North East Lincolnshire
Rental yield in North East Lincolnshire
North East Lincolnshire 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 North East Lincolnshire rose 7.1% and average rents rose 5.4%.
Gross yield
5%
Average price
£151,132
↑ +7.1% / yr
Average rent
£633/mo
↑ +5.4% / yr
National rank
#77 of 316
Who rents here
Census 2021, 69,826 households
22.4% of homes in North East Lincolnshire are private rentals.
Average rent by size
1 bedroom
£446/mo
↑ +5.6% / yr
2 bedrooms
£571/mo
↑ +5.7% / yr
3 bedrooms
£667/mo
↑ +5.7% / yr
4+ bedrooms
£934/mo
↑ +4.5% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,656
Band B
£1,932
Band C
£2,208
Band D
£2,484
Band E
£3,036
Band F
£3,588
Band G
£4,140
Band H
£4,968
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 North East Lincolnshire average. Change them for a real property.
That is right on the North East Lincolnshire average of 5%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is North East Lincolnshire a good place to buy to let?
It is around the middle for rental income, at a 5% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in North East Lincolnshire?
Over the past year, average rents in North East Lincolnshire rose 5.4% and average prices rose 7.1% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in North East Lincolnshire?
Rent movement is the best free proxy for tenant demand, and average rents in North East Lincolnshire rose 5.4% 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, 22.4% of North East Lincolnshire's 69,826 households rented privately (13.2% social rented, 63.9% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in North East Lincolnshire?
As of 2026-07, average monthly rents in North East Lincolnshire by property size are £446 for a 1 bedroom property, £571 for a 2 bedroom property, £667 for a 3 bedroom property, £934 for a 4 or more bedroom property (ONS). The all-size average is £633 a month.
How much is council tax in North East Lincolnshire?
In 2026-27, the average Band D council tax in North East Lincolnshire is £2,484 a year including police and other precepts. Bills scale with the property's band: from £1,656 for Band A up to £4,968 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. North East Lincolnshire is at 5%.
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.