Rental yields›Richmond upon Thames
Rental yield in Richmond upon Thames
Richmond upon Thames has one of the lowest average gross rental yields in England and Wales, typical of higher-priced areas where the rent does not keep pace with the purchase price.
Over the past year, average prices in Richmond upon Thames fell 0.3% and average rents rose 4%.
Gross yield
3.4%
Average price
£818,949
↓ -0.3% / yr
Average rent
£2,318/mo
↑ +4% / yr
National rank
#308 of 316
Who rents here
Census 2021, 80,704 households
24.7% of homes in Richmond upon Thames are private rentals.
Average rent by size
1 bedroom
£1,722/mo
↑ +4.3% / yr
2 bedrooms
£2,208/mo
↑ +4.1% / yr
3 bedrooms
£2,666/mo
↑ +4.2% / yr
4+ bedrooms
£3,882/mo
↑ +3.2% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,657
Band B
£1,934
Band C
£2,210
Band D
£2,486
Band E
£3,038
Band F
£3,591
Band G
£4,143
Band H
£4,972
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 Richmond upon Thames average. Change them for a real property.
That is right on the Richmond upon Thames average of 3.4%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is Richmond upon Thames a good place to buy to let?
For rental income it is one of the weaker areas, at a 3.4% average gross yield. Places like this are usually bought for expected price growth or lifestyle rather than cash flow.
Are rents rising in Richmond upon Thames?
Over the past year, average rents in Richmond upon Thames rose 4% and average prices fell 0.3% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Richmond upon Thames?
Rent movement is the best free proxy for tenant demand, and average rents in Richmond upon Thames rose 4% 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, 24.7% of Richmond upon Thames's 80,704 households rented privately (12.1% social rented, 62.4% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Richmond upon Thames?
As of 2026-07, average monthly rents in Richmond upon Thames by property size are £1,722 for a 1 bedroom property, £2,208 for a 2 bedroom property, £2,666 for a 3 bedroom property, £3,882 for a 4 or more bedroom property (ONS). The all-size average is £2,318 a month.
How much is council tax in Richmond upon Thames?
In 2026-27, the average Band D council tax in Richmond upon Thames is £2,486 a year including police and other precepts. Bills scale with the property's band: from £1,657 for Band A up to £4,972 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. Richmond upon Thames is at 3.4%.
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.