Rental yields›Redditch
Rental yield in Redditch
Redditch 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 Redditch fell 0.5% and average rents rose 8.5%.
Gross yield
4.7%
Average price
£243,843
↓ -0.5% / yr
Average rent
£951/mo
↑ +8.5% / yr
National rank
#116 of 316
Who rents here
Census 2021, 36,378 households
14.4% of homes in Redditch are private rentals.
Average rent by size
1 bedroom
£665/mo
↑ +8.7% / yr
2 bedrooms
£860/mo
↑ +8.5% / yr
3 bedrooms
£1,027/mo
↑ +8.6% / yr
4+ bedrooms
£1,411/mo
↑ +7.9% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,642
Band B
£1,916
Band C
£2,189
Band D
£2,463
Band E
£3,010
Band F
£3,558
Band G
£4,105
Band H
£4,926
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 Redditch average. Change them for a real property.
That is right on the Redditch average of 4.7%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Redditch 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 Redditch?
Over the past year, average rents in Redditch rose 8.5% and average prices fell 0.5% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Redditch?
Rent movement is the best free proxy for tenant demand, and average rents in Redditch rose 8.5% 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, 14.4% of Redditch's 36,378 households rented privately (20.2% social rented, 64.4% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Redditch?
As of 2026-07, average monthly rents in Redditch by property size are £665 for a 1 bedroom property, £860 for a 2 bedroom property, £1,027 for a 3 bedroom property, £1,411 for a 4 or more bedroom property (ONS). The all-size average is £951 a month.
How much is council tax in Redditch?
In 2026-27, the average Band D council tax in Redditch is £2,463 a year including police and other precepts. Bills scale with the property's band: from £1,642 for Band A up to £4,926 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. Redditch 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.