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Rental Yield Calculator

Estimate gross and net rental yield for a buy-to-let property by entering price, rent and key costs.

Short answer

Gross yield = (annual rent ÷ property value) × 100. Net yield deducts running costs (insurance, maintenance, void periods, agent fees, ground rent). Most UK BTLs target 5–8% gross / 3–5% net. London tends to be lower (3–5%); the North often higher (8–12%).
Step 1 of 20%

Property and rent

£
£

How it works

Gross yield ignores all costs. Net yield is the realistic return: (annual rent − annual running costs) ÷ property value × 100. ROI on cash deposit is even higher because mortgage gearing amplifies returns (and losses).

Worked example

£200k house, £950/m rent = £11,400/year. Gross yield 5.7%. Less £400/m mortgage interest, £700 insurance, £700 agent, £1k maintenance, 1 month void → net £4,250 ÷ £200k = 2.1% net.

Who should use this

  • First-time landlords screening properties
  • Investors comparing North vs South opportunities
  • Anyone reviewing existing portfolio performance

Common mistakes

  • ×Quoting gross yield as if it's profit (it isn't)
  • ×Forgetting void periods (assume at least 1 month/year)
  • ×Ignoring Section 24 mortgage interest restrictions for individuals
  • ×Not accounting for major works (roof, boiler) in long-run yield

Frequently asked questions

What's a good rental yield in the UK?

5%+ gross is decent. 8%+ is strong but often higher risk areas. London 3–5%, Manchester/Liverpool 6–9%.

Should I buy via a Ltd Co?

Often yes if higher-rate taxpayer or building a portfolio — but mortgages are pricier and you pay corporation tax + dividend tax to extract profit.

What's the 1% rule?

US rule of thumb: monthly rent ≥ 1% of price. Rare in the UK now — 0.5–0.6% is typical.

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