Rental yields›North Norfolk
Rental yield in North Norfolk
North Norfolk 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 Norfolk rose 1.7% and average rents rose 5%.
Gross yield
3.5%
Average price
£300,273
↑ +1.7% / yr
Average rent
£864/mo
↑ +5% / yr
National rank
#294 of 316
Who rents here
Census 2021, 48,374 households
17.6% of homes in North Norfolk are private rentals.
Average rent by size
1 bedroom
£623/mo
↑ +5.1% / yr
2 bedrooms
£808/mo
↑ +5.1% / yr
3 bedrooms
£1,001/mo
↑ +5% / yr
4+ bedrooms
£1,354/mo
↑ +4.2% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,640
Band B
£1,913
Band C
£2,187
Band D
£2,460
Band E
£3,007
Band F
£3,553
Band G
£4,100
Band H
£4,920
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 Norfolk average. Change them for a real property.
That is right on the North Norfolk average of 3.5%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is North Norfolk a good place to buy to let?
It is around the middle for rental income, at a 3.5% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in North Norfolk?
Over the past year, average rents in North Norfolk rose 5% and average prices rose 1.7% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in North Norfolk?
Rent movement is the best free proxy for tenant demand, and average rents in North Norfolk rose 5% 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, 17.6% of North Norfolk's 48,374 households rented privately (13% social rented, 68.7% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in North Norfolk?
As of 2026-07, average monthly rents in North Norfolk by property size are £623 for a 1 bedroom property, £808 for a 2 bedroom property, £1,001 for a 3 bedroom property, £1,354 for a 4 or more bedroom property (ONS). The all-size average is £864 a month.
How much is council tax in North Norfolk?
In 2026-27, the average Band D council tax in North Norfolk is £2,460 a year including police and other precepts. Bills scale with the property's band: from £1,640 for Band A up to £4,920 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 Norfolk is at 3.5%.
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.