HousetrixHousetrix

Rental yields›North Lincolnshire

Rental yield in North Lincolnshire

North Lincolnshire 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 North Lincolnshire rose 7.8% and average rents rose 6.4%.

Gross yield

4.3%

Average price

£181,725

↑ +7.8% / yr

Average rent

£653/mo

↑ +6.4% / yr

National rank

#173 of 316

Who rents here

Census 2021, 73,172 households

17.2% of homes in North Lincolnshire are private rentals.

Private rented 17.2%Social rented 15%Owner occupied 67.5%

Average rent by size

1 bedroom

£472/mo

↑ +6.6% / yr

2 bedrooms

£617/mo

↑ +6.4% / yr

3 bedrooms

£751/mo

↑ +6.4% / yr

4+ bedrooms

£1,058/mo

↑ +5.4% / yr

1 bed£472
2 beds£617
3 beds£751
4+ beds£1,058

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

Council tax bands (2026-27)

Band A

£1,565

Band B

£1,826

Band C

£2,087

Band D

£2,348

Band E

£2,870

Band F

£3,392

Band G

£3,913

Band H

£4,696

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 Lincolnshire average. Change them for a real property.

Gross yield4.3%

That is right on the North Lincolnshire average of 4.3%. Add costs for a net estimate.

How it compares

North Lincolnshire4.3%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Brent 4.4%Conwy 4.4%Bridgend 4.4%Cornwall 4.3%Bedford 4.3%Somerset 4.3%
See it on the yield mapWork out a specific dealCheck this area

Common questions

Is North Lincolnshire a good place to buy to let?

It is around the middle for rental income, at a 4.3% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.

Are rents rising in North Lincolnshire?

Over the past year, average rents in North Lincolnshire rose 6.4% and average prices rose 7.8% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in North Lincolnshire?

Rent movement is the best free proxy for tenant demand, and average rents in North Lincolnshire rose 6.4% 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, 17.2% of North Lincolnshire's 73,172 households rented privately (15% social rented, 67.5% owner occupied).

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

As of 2026-07, average monthly rents in North Lincolnshire by property size are £472 for a 1 bedroom property, £617 for a 2 bedroom property, £751 for a 3 bedroom property, £1,058 for a 4 or more bedroom property (ONS). The all-size average is £653 a month.

How much is council tax in North Lincolnshire?

In 2026-27, the average Band D council tax in North Lincolnshire is £2,348 a year including police and other precepts. Bills scale with the property's band: from £1,565 for Band A up to £4,696 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 Lincolnshire is at 4.3%.

Weighing up North Lincolnshire? 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.

Join free on Discord