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Rental yields›East of England›Norwich

Rental yield in Norwich

Norwich has the highest rental yield in the East of England: 6.1% gross.

Norwich 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 Norwich fell 2.3% and average rents rose 0.6%.

Average gross yield

6.1%

#11 of 316 areas

Average price

£224,323

▼ 2.3% past year

Average rent

£1,142/mo

▲ 0.6% past year

Privately rented

26.9%

of 64,457 homes

Average rent by size

1 bedroom

£778/mo

↑ +0.8% / yr

2 bedrooms

£972/mo

↑ +0.8% / yr

3 bedrooms

£1,137/mo

↑ +1% / yr

4+ bedrooms

£1,578/mo

↑ +0.2% / yr

1 bed£778
2 beds£972
3 beds£1,137
4+ beds£1,578

Average private rent by number of bedrooms, across new and existing tenancies. ONS Price Index of Private Rents (August 2026).

Council tax bands (2026-27)

Band A

£1,669

Band B

£1,947

Band C

£2,225

Band D

£2,503

Band E

£3,059

Band F

£3,615

Band G

£4,172

Band H

£5,006

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.

How it compares

Norwich6.1%
Highest (Newcastle upon Tyne)7.0%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%
See Norwich on the yield map →

Deprivation (IMD 2025)

85 neighbourhoods

12% of Norwich's neighbourhoods are in England's most deprived 10%. The typical one sits in the more deprived half of the country.

Most deprived fifth 32%Second fifth 28%Middle fifth 16%Fourth fifth 13%Least deprived fifth 11%

Fifths of England, most to least deprived (MHCLG IMD 2025). It shifts street by street, so check a specific postcode.

No Article 4 areas for Norwich appear in the national planning dataset yet, but coverage is incomplete and directions can be council-wide, so check the exact postcode before planning an HMO.

Check on the Article 4 map →

Work out the yield on a specific property

Pre-filled with the Norwich average. Change them for a real property.

Gross yield6.1%

That is right on the Norwich average of 6.1%. Add costs for a net estimate.

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Nearby areas

Areas with a similar yield

Common questions

Is Norwich 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 Norwich?

Over the past year, average rents in Norwich rose 0.6% and average prices fell 2.3% (HM Land Registry and ONS, to August 2026).

Is there rental demand in Norwich?

Rent movement is the best free proxy for tenant demand, and average rents in Norwich rose 0.6% 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, 26.9% of Norwich's 64,457 households rented privately (30.3% social rented, 42.1% owner occupied).

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

As of August 2026, average monthly rents in Norwich by property size are £778 for a 1 bedroom property, £972 for a 2 bedroom property, £1,137 for a 3 bedroom property, £1,578 for a 4 or more bedroom property (ONS). The all-size average is £1,142 a month.

How much is council tax in Norwich?

In 2026-27, the average Band D council tax in Norwich is £2,503 a year including police and other precepts. Bills scale with the property's band: from £1,669 for Band A up to £5,006 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.

How deprived is Norwich?

On the English Indices of Deprivation 2025, 12% of Norwich's 85 neighbourhoods are in England's most deprived 10%, and 6% are in the least deprived 10%. The typical neighbourhood is in decile 4 of 10, where 1 is most deprived. Deprivation shifts street by street, so check the exact postcode before you offer.

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. Norwich is at 6.1%.

Weighing up Norwich? 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 (July 2026). Average rent: ONS Price Index of Private Rents (August 2026). Deprivation: MHCLG English Indices of Deprivation 2025. Regions: ONS. Local-authority averages across all property types, indicative only. Contains public sector information licensed under the Open Government Licence v3.0. Not investment advice.