Best rental yield for terraced houses in the UK by area
Updated monthly · as of May 2026 rent · April 2026 price · · ONS + HM Land Registry
Which UK areas have the best rental yield for terraced houses?
As of May 2026 rent · April 2026 price, the highest gross rental yield for terraced houses in the UK is in Middlesbrough at 7.92% — an ONS average rent of £718/month against an HM Land Registry average price of £108,811. Across 316 local authorities with both figures, GeraRent re-dates this monthly.
Calculate your terraced yield
Enter a terraced price and rent — or pre-fill from an area — to see your gross and indicative net yield, price-to-rent ratio and Gera Yield Index.
Gera Yield Index: 129 (UK average = 100) — your yield is 29% above the UK-wide gross yield of 6.14%.
Indicative net yield deducts 28% of gross rent for landlord running costs (management, maintenance, voids, insurance) — an assumption, not a source figure. Actual costs vary by property.
Area pre-fill values are real ONS rent and HM Land Registry price figures. Your inputs are used only in your browser to produce this calculation.
Highest terraced gross yield by local authority
316 local authorities have BOTH an ONS rent and an HM Land Registry price for terraced houses (joined on the ONS area code). Showing the top 40 by gross yield.
| # | Area | Region | Avg price | Rent / mo | Gross yield | Net (indic.) | Price-to-rent |
|---|---|---|---|---|---|---|---|
| 1 | Middlesbrough | North East | £108,811 | £718 | 7.92% | 5.70% | 12.6 |
| 2 | Newcastle upon Tyne | North East | £208,308 | £1,282 | 7.39% | 5.32% | 13.5 |
| 3 | Blackpool | North West | £118,385 | £727 | 7.37% | 5.31% | 13.6 |
| 4 | Boston | East Midlands | £131,152 | £784 | 7.17% | 5.16% | 13.9 |
| 5 | Lincoln | East Midlands | £159,802 | £948 | 7.12% | 5.13% | 14.0 |
| 6 | Stockton-on-Tees | North East | £126,584 | £743 | 7.04% | 5.07% | 14.2 |
| 7 | County Durham | North East | £114,568 | £669 | 7.01% | 5.05% | 14.3 |
| 8 | Nottingham | East Midlands | £170,879 | £986 | 6.92% | 4.98% | 14.4 |
| 9 | Merthyr Tydfil | Wales | £119,441 | £684 | 6.87% | 4.95% | 14.6 |
| 10 | Mansfield | East Midlands | £136,923 | £783 | 6.86% | 4.94% | 14.6 |
| 11 | Sunderland | North East | £125,500 | £717 | 6.86% | 4.94% | 14.6 |
| 12 | Leeds | Yorkshire and The Humber | £205,165 | £1,147 | 6.71% | 4.83% | 14.9 |
| 13 | Burnley | North West | £110,063 | £614 | 6.69% | 4.82% | 14.9 |
| 14 | Stoke-on-Trent | West Midlands | £128,836 | £717 | 6.68% | 4.81% | 15.0 |
| 15 | Manchester | North West | £249,588 | £1,384 | 6.65% | 4.79% | 15.0 |
| 16 | Hartlepool | North East | £100,893 | £556 | 6.61% | 4.76% | 15.1 |
| 17 | Kingston upon Hull, City of | Yorkshire and The Humber | £124,431 | £683 | 6.59% | 4.74% | 15.2 |
| 18 | Preston | North West | £146,512 | £790 | 6.47% | 4.66% | 15.5 |
| 19 | Knowsley | North West | £154,061 | £829 | 6.46% | 4.65% | 15.5 |
| 20 | Redcar and Cleveland | North East | £121,280 | £653 | 6.46% | 4.65% | 15.5 |
| 21 | Darlington | North East | £126,628 | £676 | 6.41% | 4.62% | 15.6 |
| 22 | Tendring | East of England | £198,109 | £1,059 | 6.41% | 4.62% | 15.6 |
| 23 | Newcastle-under-Lyme | West Midlands | £155,204 | £828 | 6.40% | 4.61% | 15.6 |
| 24 | Sefton | North West | £179,328 | £955 | 6.39% | 4.60% | 15.6 |
| 25 | Ashfield | East Midlands | £144,032 | £766 | 6.38% | 4.59% | 15.7 |
| 26 | Bath and North East Somerset | South West | £379,549 | £2,018 | 6.38% | 4.59% | 15.7 |
| 27 | Gloucester | South West | £209,477 | £1,114 | 6.38% | 4.59% | 15.7 |
| 28 | Southampton | South East | £249,477 | £1,322 | 6.36% | 4.58% | 15.7 |
| 29 | Hyndburn | North West | £121,138 | £640 | 6.34% | 4.56% | 15.8 |
| 30 | Bristol, City of | South West | £383,806 | £2,010 | 6.28% | 4.52% | 15.9 |
| 31 | Blackburn with Darwen | North West | £137,548 | £718 | 6.26% | 4.51% | 16.0 |
| 32 | Liverpool | North West | £174,113 | £904 | 6.23% | 4.49% | 16.1 |
| 33 | North East Lincolnshire | Yorkshire and The Humber | £118,954 | £617 | 6.22% | 4.48% | 16.1 |
| 34 | Bolton | North West | £164,008 | £849 | 6.21% | 4.47% | 16.1 |
| 35 | Gateshead | North East | £154,119 | £798 | 6.21% | 4.47% | 16.1 |
| 36 | Salford | North West | £224,702 | £1,162 | 6.21% | 4.47% | 16.1 |
| 37 | Fenland | East of England | £161,007 | £831 | 6.19% | 4.46% | 16.1 |
| 38 | Neath Port Talbot | Wales | £132,136 | £681 | 6.18% | 4.45% | 16.2 |
| 39 | Oadby and Wigston | East Midlands | £189,496 | £973 | 6.16% | 4.44% | 16.2 |
| 40 | Peterborough | East of England | £192,167 | £986 | 6.16% | 4.44% | 16.2 |
Frequently asked questions
- Which UK areas have the best rental yield for terraced houses?
- Middlesbrough has the highest gross yield for terraced houses at 7.92% (indicative net 5.70%), from ONS rent £718/month over Land Registry price £108,811 (May 2026 rent · April 2026 price).
- What is the price-to-rent ratio for terraced houses where yield is highest?
- In Middlesbrough the price-to-rent ratio for terraced houses is 12.6 years — that is the number of years of gross rent needed to equal the average purchase price. Lower ratio = higher yield. Computed from ONS and HM Land Registry figures.
- Where is rental yield lowest for terraced houses?
- Kensington and Chelsea has the lowest gross yield for terraced houses among covered areas at 2.17%, a price-to-rent ratio of 46.0 years. Source: ONS rent (May 2026), HM Land Registry price (April 2026).
Yield for other property types
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Browse terraced listingsSources: Office for National Statistics — Price Index of Private Rents, UK: monthly price statistics (May 2026) and HM Land Registry — UK House Price Index (UKHPI) (April 2026), both Open Government Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. The Gera Yield Index, gross and indicative net yields are computed by GeraRent; methodology at /methodology/gera-yield-index.