Average Rent, House Prices and Buy-to-Let Yield in South Kesteven (July 2026)
The average private rent in South Kesteven is £843 a month (ONS, July 2026) and the average house price £255,363 (HM Land Registry, June 2026): a gross yield of 4.0%, ranked 234 of 316 local authorities.
Rent in South Kesteven
The average private rent across all property types is £843 a month (+0.8% on a year earlier). The regional median in the East Midlands is £857.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £583 | £6,996 a year |
| 2 bedrooms | £755 | £9,060 a year |
| 3 bedrooms | £912 | £10,944 a year |
| 4+ bedrooms | £1,317 | £15,804 a year |
The bedroom ladder in South Kesteven: one to two bedrooms adds 29.5% to the rent, two to three adds 20.8% and three to four-plus adds 44.4% (England-and-Wales medians 27.3%, 20.9% and 40.9%). The biggest step here is three to four or more bedrooms — the size where an extra room earns most, and the first place to look when comparing a conversion against its cost.
House prices in South Kesteven
The average price paid is £255,363 (+2.2% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £367,305 |
| Semi-detached | £236,864 |
| Terraced | £190,001 |
| Flat | £111,111 |
Rents and prices moved together in South Kesteven — +0.8% and +2.2% over the year — so the gross yield on offer is roughly where it was twelve months ago. South Kesteven ranks 296th of 316 local authorities for rent growth and 187th of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in South Kesteven
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £755 | £111,111 | 8.2% | 7.5% |
| Terraced house | £912 | £190,001 | 5.8% | 5.7% |
| Semi-detached | £912 | £236,864 | 4.6% | 4.6% |
| Detached | £1,317 | £367,305 | 4.3% | 4.1% |
On these pairings the strongest gross yield in South Kesteven is on flats at 8.2%, against an England-and-Wales median of 7.5% for that type; the weakest is detached. Gross figures ignore service charges, which usually make flats the thinnest net yield of the four.
What that means for a landlord
- Gross yield 4.0% (rent × 12 ÷ price) — rank 234 of 316 local authorities; the regional median is 4.2%. Net yield is lower once mortgage interest, insurance, maintenance and voids come off.
- Tenant affordability: referencing at 30× means a household income of about £25,290 a year for the average rent.
- EPC before 2030: 47% of EPCs lodged in South Kesteven over the last year were below band C — the level a rented home needs by 1 October 2030 — with 31% at D (EPC ratings in South Kesteven).
- Council tax: Band D in South Kesteven is £2,260 for 2026/27, and the council charges a 100% second-home premium (council tax in South Kesteven).
Lender maths on the averages. At a 5.5% stress rate and 145% rent cover — the common buy-to-let convention — the average rent of £843 supports a loan of about £126,846, which is 49.7% of the average price. That falls short of 75% loan-to-value, so a buyer of an average home here needs a larger deposit or a stronger rent to pass the stress test. Both numbers are conventions rather than rules — change them in the stress test.
Run the numbers for South Kesteven
- Yield calculator with £255,363 and £843 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £843 a month
- Rental income tax on £10,116 a year of rent
Nearest neighbours by yield, in the East Midlands
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| North Kesteven | £820 | £243,236 | 4% | +5.7% |
| Amber Valley | £794 | £237,857 | 4% | +3.1% |
| South Holland | £768 | £231,036 | 4% | +3.7% |
| East Lindsey | £699 | £216,315 | 3.9% | +6.5% |
| North West Leicestershire | £910 | £282,239 | 3.9% | +9.7% |
| Rutland | £962 | £299,980 | 3.8% | +2.1% |
All 316 areas ranked · council tax in South Kesteven · EPC ratings in South Kesteven.
Rents: ONS, Price Index of Private Rents (average monthly private rent by local authority, July 2026). Prices: HM Land Registry UK House Price Index (average price, June 2026). Gross yield = rent × 12 ÷ price, our calculation. Contains public sector information licensed under the Open Government Licence v3.0; contains HM Land Registry data © Crown copyright and database right 2026. Rankings and medians are ours, across 316 local authorities.
Asked about this area
£843 a month across all property types (ONS Price Index of Private Rents, July 2026), up 0.8% on a year earlier.
£255,363 (HM Land Registry UK House Price Index, June 2026).
About 4.0% gross on the averages — £843 rent against a £255,363 price — ranking 234 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 8.2% gross (£755 rent on a £111,111 price), against an England-and-Wales median of 7.5% for that type.
Rents +0.8% against prices +2.2% over the year — moving together, so yield is broadly stable.
Referencing at 30 times the monthly rent points to roughly £25,290 a year of household income for the average home; the affordability calculator shows 24× and 36× too.
Postcode districts in South Kesteven
Council tax bands, sold prices and build periods for each district — all NG postcodes · all PE postcodes.