Rental yields›East Midlands›Oadby and Wigston
Rental yield in Oadby and Wigston
Oadby and Wigston ranks 8 of 35 areas in the East Midlands for rental yield, at 4.9% gross.
Oadby and Wigston 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 Oadby and Wigston fell 4.2% and average rents rose 3.1%.
Average gross yield
4.9%
#96 of 316 areas
Average price
£251,253
▼ 4.2% past year
Average rent
£1,024/mo
▲ 3.1% past year
Privately rented
16%
of 22,616 homes
Average rent by size
1 bedroom
£732/mo
↑ +2.9% / yr
2 bedrooms
£889/mo
↑ +3.2% / yr
3 bedrooms
£1,122/mo
↑ +3.2% / yr
4+ bedrooms
£1,559/mo
↑ +2.5% / yr
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
£1,605
Band B
£1,872
Band C
£2,140
Band D
£2,407
Band E
£2,942
Band F
£3,477
Band G
£4,012
Band H
£4,814
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
Deprivation (IMD 2025)
36 neighbourhoods
0% of Oadby and Wigston's neighbourhoods are in England's most deprived 10%. The typical one sits in the less deprived half of the country.
Fifths of England, most to least deprived (MHCLG IMD 2025). It shifts street by street, so check a specific postcode.
13 Article 4 areas are recorded in Oadby and Wigston, none of them tagged as restricting HMO conversions. The dataset is incomplete, 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 Oadby and Wigston average. Change them for a real property.
That is right on the Oadby and Wigston average of 4.9%. Add costs for a net estimate.
Nearby areas
Areas with a similar yield
Common questions
Is Oadby and Wigston a good place to buy to let?
It is around the middle for rental income, at a 4.9% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in Oadby and Wigston?
Over the past year, average rents in Oadby and Wigston rose 3.1% and average prices fell 4.2% (HM Land Registry and ONS, to August 2026).
Is there rental demand in Oadby and Wigston?
Rent movement is the best free proxy for tenant demand, and average rents in Oadby and Wigston rose 3.1% 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, 16% of Oadby and Wigston's 22,616 households rented privately (7.9% social rented, 75.2% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Oadby and Wigston?
As of August 2026, average monthly rents in Oadby and Wigston by property size are £732 for a 1 bedroom property, £889 for a 2 bedroom property, £1,122 for a 3 bedroom property, £1,559 for a 4 or more bedroom property (ONS). The all-size average is £1,024 a month.
How much is council tax in Oadby and Wigston?
In 2026-27, the average Band D council tax in Oadby and Wigston is £2,407 a year including police and other precepts. Bills scale with the property's band: from £1,605 for Band A up to £4,814 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 Oadby and Wigston?
On the English Indices of Deprivation 2025, 0% of Oadby and Wigston's 36 neighbourhoods are in England's most deprived 10%, and 11% are in the least deprived 10%. The typical neighbourhood is in decile 8 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. Oadby and Wigston is at 4.9%.
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.