Rental yields›Winchester
Rental yield in Winchester
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 4.6% and average rents rose 3.8%.
Gross yield
3.8%
Average price
£471,136
↑ +4.6% / yr
Average rent
£1,505/mo
↑ +3.8% / yr
National rank
#263 of 316
Who rents here
Census 2021, 51,712 households
17.6% of homes in Winchester are private rentals.
Average rent by size
1 bedroom
£1,015/mo
↑ +4.2% / yr
2 bedrooms
£1,316/mo
↑ +4.1% / yr
3 bedrooms
£1,620/mo
↑ +4.2% / yr
4+ bedrooms
£2,245/mo
↑ +3.1% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
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.
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 3.8%. Add costs for a net estimate.
How it compares
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 3.8% 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 3.8% and average prices rose 4.6% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in Winchester?
Rent movement is the best free proxy for tenant demand, and average rents in Winchester rose 3.8% 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 2026-07, average monthly rents in Winchester by property size are £1,015 for a 1 bedroom property, £1,316 for a 2 bedroom property, £1,620 for a 3 bedroom property, £2,245 for a 4 or more bedroom property (ONS). The all-size average is £1,505 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.
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 3.8%.
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.