Rental yields›Oadby and Wigston
Rental yield in Oadby and Wigston
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 1.7% and average rents rose 4.1%.
Gross yield
4.7%
Average price
£259,734
↓ -1.7% / yr
Average rent
£1,025/mo
↑ +4.1% / yr
National rank
#115 of 316
Who rents here
Census 2021, 22,616 households
16% of homes in Oadby and Wigston are private rentals.
Average rent by size
1 bedroom
£734/mo
↑ +4% / yr
2 bedrooms
£890/mo
↑ +4.3% / yr
3 bedrooms
£1,123/mo
↑ +4.2% / yr
4+ bedrooms
£1,563/mo
↑ +3.5% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
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.
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 4.7%. Add costs for a net estimate.
How it compares
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 4.7% 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 4.1% and average prices fell 1.7% (HM Land Registry and ONS, to 2026-07).
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 4.1% 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 2026-07, average monthly rents in Oadby and Wigston by property size are £734 for a 1 bedroom property, £890 for a 2 bedroom property, £1,123 for a 3 bedroom property, £1,563 for a 4 or more bedroom property (ONS). The all-size average is £1,025 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.
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 4.7%.
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.