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Rental yield in Waverley

Rents in Waverley fell 2% in the year to August 2026, the second biggest fall in England.

Waverley 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 Waverley fell 2.6% and average rents fell 2%.

Average gross yield

3.2%

#312 of 316 areas

Average price

£553,429

▼ 2.6% past year

Average rent

£1,459/mo

▼ 2% past year

Privately rented

14.7%

of 52,448 homes

Average rent by size

1 bedroom

£1,057/mo

↓ -1.8% / yr

2 bedrooms

£1,354/mo

↓ -1.9% / yr

3 bedrooms

£1,634/mo

↓ -1.9% / yr

4+ bedrooms

£2,360/mo

↓ -2.5% / yr

1 bed£1,057
2 beds£1,354
3 beds£1,634
4+ beds£2,360

Average private rent by number of bedrooms, across new and existing tenancies. ONS Price Index of Private Rents (August 2026).

Council tax bands (2026-27)

Band A

£1,737

Band B

£2,026

Band C

£2,316

Band D

£2,605

Band E

£3,184

Band F

£3,763

Band G

£4,342

Band H

£5,210

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.

How it compares

Waverley3.2%
Highest (Newcastle upon Tyne)7.0%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%
See Waverley on the yield map →

Deprivation (IMD 2025)

82 neighbourhoods

0% of Waverley's neighbourhoods are in England's most deprived 10%. The typical one sits in the less deprived half of the country.

Most deprived fifth 0%Second fifth 2%Middle fifth 11%Fourth fifth 28%Least deprived fifth 59%

Fifths of England, most to least deprived (MHCLG IMD 2025). It shifts street by street, so check a specific postcode.

24 Article 4 areas are recorded in Waverley, none of them tagged as restricting HMO conversions; 2 restrict commercial-to-residential conversions. The dataset is incomplete, so check the exact postcode before planning an HMO.

Check on the Article 4 map →

Work out the yield on a specific property

Pre-filled with the Waverley average. Change them for a real property.

Gross yield3.2%

That is right on the Waverley average of 3.2%. Add costs for a net estimate.

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Nearby areas

Areas with a similar yield

Common questions

Is Waverley a good place to buy to let?

For rental income it is one of the weaker areas, at a 3.2% average gross yield. Places like this are usually bought for expected price growth or lifestyle rather than cash flow.

Are rents rising in Waverley?

Over the past year, average rents in Waverley fell 2% and average prices fell 2.6% (HM Land Registry and ONS, to August 2026).

Is there rental demand in Waverley?

Average rents in Waverley fell 2% over the past year (ONS), which suggests tenant demand is softening. Ask local letting agents about typical void periods before relying on the headline yield for a buy-to-let. For the size of the market: at the 2021 census, 14.7% of Waverley's 52,448 households rented privately (12.3% social rented, 71.8% owner occupied).

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

As of August 2026, average monthly rents in Waverley by property size are £1,057 for a 1 bedroom property, £1,354 for a 2 bedroom property, £1,634 for a 3 bedroom property, £2,360 for a 4 or more bedroom property (ONS). The all-size average is £1,459 a month.

How much is council tax in Waverley?

In 2026-27, the average Band D council tax in Waverley is £2,605 a year including police and other precepts. Bills scale with the property's band: from £1,737 for Band A up to £5,210 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.

How deprived is Waverley?

On the English Indices of Deprivation 2025, 0% of Waverley's 82 neighbourhoods are in England's most deprived 10%, and 40% are in the least deprived 10%. The typical neighbourhood is in decile 9 of 10, where 1 is most deprived. Deprivation shifts street by street, so check the exact postcode before you offer.

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. Waverley is at 3.2%.

Weighing up Waverley? 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 (July 2026). Average rent: ONS Price Index of Private Rents (August 2026). Deprivation: MHCLG English Indices of Deprivation 2025. 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.