Housetrix

Rental yields›London

Rental yields in London

London has 32 council areas and a typical gross rental yield of 4.4%, level with the 4.4% median across England and Wales. Yields run from 3.5% in Richmond upon Thames to 6.6% in Tower Hamlets. The typical area here has an average price of £532,863 and an average rent of £1,974 a month.

Highest (Tower Hamlets)

6.6%

Typical (median)

4.4%

Lowest (Richmond upon Thames)

3.5%

All 32 areas in London, ranked

AreaYield
1.Tower Hamlets6.6%2.Newham5.9%3.Lambeth5.6%4.Barking and Dagenham5.4%5.Hackney5.3%6.Greenwich5.2%7.Southwark5.2%8.Islington5.1%9.Croydon4.9%10.Enfield4.7%11.Hammersmith and Fulham4.6%12.Wandsworth4.6%13.Bexley4.5%14.Hounslow4.5%15.Lewisham4.5%16.Brent4.4%17.Westminster4.4%18.Ealing4.3%19.Redbridge4.3%20.Haringey4.2%21.Havering4.2%22.Merton4.2%23.Camden4.1%24.Harrow4.1%25.Sutton4.1%26.Hillingdon4.0%27.Waltham Forest4.0%28.Barnet3.9%29.Bromley3.9%30.Kingston upon Thames3.7%31.Kensington and Chelsea3.6%32.Richmond upon Thames3.5%

Gross yield = annual rent divided by average price. Tap any area for prices, rents by bedroom count, council tax, tenure and Article 4 data.

9 councils in London have Article 4 areas restricting HMO conversions in the national planning dataset: Barking and Dagenham, Southwark, Enfield, Hounslow, Lewisham, Brent, Hillingdon, Waltham Forest, Barnet. Inside those areas, turning a family home into a small HMO needs full planning permission. See the Article 4 report.

Other regions

East MidlandsEast of EnglandNorth EastNorth WestSouth EastSouth WestWalesWest MidlandsYorkshire and The Humber

Average price: HM Land Registry UK HPI (July 2026). Average rent: ONS Price Index of Private Rents (August 2026). 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.