Rental yields›Waverley
Rental yield in Waverley
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 0.8% and average rents fell 3.2%.
Gross yield
3.1%
Average price
£560,596
↓ -0.8% / yr
Average rent
£1,450/mo
↓ -3.2% / yr
National rank
#314 of 316
Who rents here
Census 2021, 52,448 households
14.7% of homes in Waverley are private rentals.
Average rent by size
1 bedroom
£1,051/mo
↓ -2.9% / yr
2 bedrooms
£1,346/mo
↓ -3.1% / yr
3 bedrooms
£1,624/mo
↓ -3.2% / yr
4+ bedrooms
£2,346/mo
↓ -3.8% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
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.
Work out the yield on a specific property
Pre-filled with the Waverley average. Change them for a real property.
That is right on the Waverley average of 3.1%. Add costs for a net estimate.
How it compares
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 3.1% 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 3.2% and average prices fell 0.8% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Waverley?
Average rents in Waverley fell 3.2% 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 2026-07, average monthly rents in Waverley by property size are £1,051 for a 1 bedroom property, £1,346 for a 2 bedroom property, £1,624 for a 3 bedroom property, £2,346 for a 4 or more bedroom property (ONS). The all-size average is £1,450 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.
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 3.1%.
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.