Rental yields›South East›Winchester
Rental yield in Winchester
Winchester ranks 49 of 64 areas in the South East for rental yield, at 3.9% gross.
Winchester sits in the lower half for rental yield in England and Wales, a little below the 4.4% typical figure across all 316 areas.
Over the past year, average prices in Winchester rose 2.1% and average rents rose 4.1%.
Average gross yield
3.9%
#247 of 316 areas
Average price
£463,025
▲ 2.1% past year
Average rent
£1,508/mo
▲ 4.1% past year
Privately rented
17.6%
of 51,712 homes
Average rent by size
1 bedroom
£1,017/mo
↑ +4.4% / yr
2 bedrooms
£1,318/mo
↑ +4.4% / yr
3 bedrooms
£1,624/mo
↑ +4.6% / yr
4+ bedrooms
£2,249/mo
↑ +3.5% / yr
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
£1,573
Band B
£1,836
Band C
£2,098
Band D
£2,360
Band E
£2,884
Band F
£3,409
Band G
£3,933
Band H
£4,720
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
Deprivation (IMD 2025)
72 neighbourhoods
0% of Winchester's neighbourhoods are in England's most deprived 10%. The typical one sits in the less deprived half of the country.
Fifths of England, most to least deprived (MHCLG IMD 2025). It shifts street by street, so check a specific postcode.
No Article 4 areas for Winchester appear in the national planning dataset yet, but coverage is incomplete and directions can be council-wide, 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 Winchester average. Change them for a real property.
That is right on the Winchester average of 3.9%. Add costs for a net estimate.
Nearby areas
Areas with a similar yield
Common questions
Is Winchester a good place to buy to let?
It is around the middle for rental income, at a 3.9% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in Winchester?
Over the past year, average rents in Winchester rose 4.1% and average prices rose 2.1% (HM Land Registry and ONS, to August 2026).
Is there rental demand in Winchester?
Rent movement is the best free proxy for tenant demand, and average rents in Winchester rose 4.1% 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, 17.6% of Winchester's 51,712 households rented privately (15.3% social rented, 65.6% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in Winchester?
As of August 2026, average monthly rents in Winchester by property size are £1,017 for a 1 bedroom property, £1,318 for a 2 bedroom property, £1,624 for a 3 bedroom property, £2,249 for a 4 or more bedroom property (ONS). The all-size average is £1,508 a month.
How much is council tax in Winchester?
In 2026-27, the average Band D council tax in Winchester is £2,360 a year including police and other precepts. Bills scale with the property's band: from £1,573 for Band A up to £4,720 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 Winchester?
On the English Indices of Deprivation 2025, 0% of Winchester's 72 neighbourhoods are in England's most deprived 10%, and 31% are in the least deprived 10%. The typical neighbourhood is in decile 8 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. Winchester is at 3.9%.
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.