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Rental yieldsPortsmouth

Rental yield in Portsmouth

Portsmouth 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 Portsmouth rose 0.1% and average rents rose 2.2%.

Gross yield

6.5%

Average price

£250,999

+0.1% / yr

Average rent

£1,367/mo

+2.2% / yr

National rank

#2 of 316

Who rents here

Census 2021, 86,155 households

28.6% of homes in Portsmouth are private rentals.

Private rented 28.6%Social rented 18%Owner occupied 52.3%

Average rent by size

1 bedroom

£900/mo

+2.3% / yr

2 bedrooms

£1,134/mo

+2.3% / yr

3 bedrooms

£1,359/mo

+2.6% / yr

4+ bedrooms

£1,960/mo

+1.8% / yr

1 bed£900
2 beds£1,134
3 beds£1,359
4+ beds£1,960

Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).

Council tax bands (2026-27)

Band A

£1,528

Band B

£1,783

Band C

£2,037

Band D

£2,292

Band E

£2,801

Band F

£3,311

Band G

£3,820

Band H

£4,584

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 Portsmouth average. Change them for a real property.

Gross yield6.5%

That is right on the Portsmouth average of 6.5%. Add costs for a net estimate.

How it compares

Portsmouth6.5%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Common questions

Is Portsmouth a good place to buy to let?

On income alone it is among the strongest areas in England and Wales, at a 6.5% 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 Portsmouth?

Over the past year, average rents in Portsmouth rose 2.2% and average prices rose 0.1% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in Portsmouth?

Rent movement is the best free proxy for tenant demand, and average rents in Portsmouth rose 2.2% 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, 28.6% of Portsmouth's 86,155 households rented privately (18% social rented, 52.3% owner occupied).

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

As of 2026-07, average monthly rents in Portsmouth by property size are £900 for a 1 bedroom property, £1,134 for a 2 bedroom property, £1,359 for a 3 bedroom property, £1,960 for a 4 or more bedroom property (ONS). The all-size average is £1,367 a month.

How much is council tax in Portsmouth?

In 2026-27, the average Band D council tax in Portsmouth is £2,292 a year including police and other precepts. Bills scale with the property's band: from £1,528 for Band A up to £4,584 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. Portsmouth is at 6.5%.

Weighing up Portsmouth? 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 (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.

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