Rental yields›North West Leicestershire
Rental yield in North West Leicestershire
North West Leicestershire 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 West Leicestershire rose 6.5% and average rents rose 9.7%.
Gross yield
3.9%
Average price
£282,239
↑ +6.5% / yr
Average rent
£910/mo
↑ +9.7% / yr
National rank
#249 of 316
Who rents here
Census 2021, 44,974 households
13.5% of homes in North West Leicestershire are private rentals.
Average rent by size
1 bedroom
£631/mo
↑ +9.9% / yr
2 bedrooms
£816/mo
↑ +9.9% / yr
3 bedrooms
£987/mo
↑ +9.9% / yr
4+ bedrooms
£1,413/mo
↑ +8.8% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,612
Band B
£1,881
Band C
£2,149
Band D
£2,418
Band E
£2,955
Band F
£3,493
Band G
£4,030
Band H
£4,836
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 West Leicestershire average. Change them for a real property.
That is right on the North West Leicestershire average of 3.9%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is North West Leicestershire 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 North West Leicestershire?
Over the past year, average rents in North West Leicestershire rose 9.7% and average prices rose 6.5% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in North West Leicestershire?
Rent movement is the best free proxy for tenant demand, and average rents in North West Leicestershire rose 9.7% 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, 13.5% of North West Leicestershire's 44,974 households rented privately (13.5% social rented, 71.8% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in North West Leicestershire?
As of 2026-07, average monthly rents in North West Leicestershire by property size are £631 for a 1 bedroom property, £816 for a 2 bedroom property, £987 for a 3 bedroom property, £1,413 for a 4 or more bedroom property (ONS). The all-size average is £910 a month.
How much is council tax in North West Leicestershire?
In 2026-27, the average Band D council tax in North West Leicestershire is £2,418 a year including police and other precepts. Bills scale with the property's band: from £1,612 for Band A up to £4,836 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 West Leicestershire 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.