Enter your own figures and this works out gross and net rental yield, and shows the arithmetic it used. Every number is one you supply: nothing is pre-filled, no area is looked up, and the page makes no judgement about whether a yield is good. It does the division and shows its working — deciding what the result means is yours.
Not sure what a property like yours lets for? We publish rents by area, with the source and reference period on every page — find your area. We will not fill it in for you: what a specific property lets for is a question only a viewing answers.
Gross yield is the annual rent divided by the purchase price. It ignores every cost of owning the property, which is why it is always the higher of the two and why it is the figure most often quoted. Net yield subtracts the annual running costs from the rent first — management, insurance, maintenance, service charge and ground rent, a void allowance — so it reflects what the property actually returns before finance and tax. Comparing someone else's gross figure with your own net one is the most common way to mislead yourself.
There is no single number, and anyone quoting one without saying where it came from is guessing. What counts as strong depends on the area, the property type, the condition, your strategy and what you are comparing it against — and yields vary widely between local authorities for reasons that have nothing to do with whether a given purchase is sensible. Rather than print an average we cannot source, we publish the actual spread: the UKPP Rental Yield Index ranks gross yield for every English local authority, with its method and its reference period on the page.
Not for the standard net yield. Yield is conventionally measured on the property, not on how you financed it, so that two properties can be compared without also comparing two mortgages. This calculator therefore leaves mortgage interest out unless you enter it, and if you do it relabels the result: what you get is a leveraged, cash-flow view of your own position, useful to you but not comparable with a net yield quoted anywhere else.