Updated monthly · rents for August 2026 · North West

Rental Yields in Burnley

The average private rent in Burnley was £631 a month in August 2026, and the average property price was £135,012 in July 2026. That gives a gross rental yield of 5.6%, which ranks 27th of 316 local authorities in England and Wales and 5th of 35 in the North West.

Take off a letting agent, repairs and one empty month a year and the net yield is about 4.3%, before mortgage costs and tax. In the year to August 2026 the average rent rose 2.9%, and in the year to July 2026 the average price rose 8.6%. Prices have moved ahead of rents, which pulls gross yields down.

Official data: ONS average rents (August 2026) and HM Land Registry average prices (July 2026), for the whole local authority. All yields are before tax.

Gross yield

5.6%

#27 of 316 in England & Wales

Net yield

4.3%

After letting, repairs and voids

Average rent

£631

+2.9% in 12 months

Average price

£135,012

+8.6% in 12 months

What a typical Burnley rental makes after costs

Gross yield ignores costs. Here is a property at Burnley's average price and rent, run through the RealYield calculator with the same assumptions Deal Check uses. Costs take the yield from 5.6% to 4.3%, a gap of 1.3 percentage points. Rent covers these costs and the mortgage interest up to a rate of about 5.7%.

Annual figures for a property at the average price and rent in Burnley
A year at £135,012 and £631 pcm£ a year
Rent for 12 months£7,572
Less one empty month-£631
Less letting agent (12% of rent collected)-£833
Less repairs (5% of rent collected)-£347
Net income before mortgage (net yield 4.3%)£5,761
Less mortgage interest (£101,259 at 4.5%, interest only)-£4,557
Cashflow before tax£1,204
Less income tax (higher-rate taxpayer, owned personally, Section 24)-£1,393
Cashflow after tax-£189

That works out at £100 a month before tax and a loss of £16 a month after tax, on a £33,753 deposit (25%) before stamp duty and buying costs.

Source: RealYield calculator engine on the ONS average rent (August 2026) and HM Land Registry average price (July 2026). Assumptions: 25% deposit, 4.5% interest-only mortgage, 12% letting agent, 5% of rent on repairs, one empty month a year, no service charge or ground rent. Tax is illustrative: the property profit taxed at the higher rate with the 20% mortgage interest credit, ignoring your other income and allowances. An average, not a valuation of any property.

How Burnley compares with the North West

Burnley's gross yield ranks 27th of 316 local authorities in England and Wales and 5th of 35 in the North West. In the North West, gross yields run from 3.4% in Ribble Valley to 6.5% in Manchester.

Burnley against regional and national medians
MeasureBurnleyNorth West medianEngland and Wales median
Gross yield5.6%4.9%4.4%
Net yield (after letting, repairs, voids)4.3%3.7%3.4%
Average rent (pcm)£631£823£1,022
Average price£135,012£209,723£288,085
Rent change, 12 months+2.9%+5.9%+3.9%
Price change, 12 months+8.6%+4.9%+1.9%

Medians of the local authority averages (35 in the North West, 316 in England and Wales), not weighted by population. Rents: ONS Price Index of Private Rents, August 2026. Prices and price change: HM Land Registry UK House Price Index, July 2026. Net yields use the same assumptions as the typical property above and the Net Yield Index. All before tax.

Average rent in Burnley by bedrooms

Property sizeAverage rent (pcm, August 2026)
1 bedroom£465
2 bedrooms£588
3 bedrooms£696
4+ bedrooms£952

Source: ONS Price Index of Private Rents, August 2026. A 2-bedroom rent against the average flat price gives a flat yield of 8.7%, gross.

Average house price in Burnley by property type

Property typeAverage price (July 2026)
Detached£247,216
Semi-detached£159,133
Terraced£115,123
Flat / maisonette£81,075

Areas to compare with Burnley

Local authorities in the North West with the closest gross yields to Burnley.

Burnley rental yield questions

What is the average rental yield in Burnley?

The average gross rental yield in Burnley is 5.6%, from an average rent of £631 a month (ONS, August 2026) and an average price of £135,012 (HM Land Registry, July 2026). It ranks 27th of 316 local authorities in England and Wales and 5th of 35 in the North West. After a 12% letting agent fee, 5% of rent on repairs and one empty month a year, the net yield is about 4.3%. Both figures are before mortgage costs and tax.

What is the average rent in Burnley?

The average private rent in Burnley was £631 per calendar month in August 2026, according to the ONS Price Index of Private Rents. A 2-bedroom home averaged £588 a month. Over the previous 12 months the average rent rose 2.9%, against a median change of +3.9% across England and Wales.

What is the average house price in Burnley?

The average property price in Burnley was £135,012 in July 2026, according to the HM Land Registry UK House Price Index. The average flat or maisonette cost £81,075. Over the previous 12 months the average price rose 8.6%.

How do rental yields in Burnley compare with the rest of the North West?

Burnley's gross yield of 5.6% is 0.7 points above the median of 4.9% for the 35 local authorities in the North West, and 1.2 points above the England and Wales median of 4.4%. Across the region, gross yields run from 3.4% in Ribble Valley to 6.5% in Manchester. These are gross yields, before costs and tax.

Why is the net yield in Burnley lower than the gross yield?

Gross yield counts every month's rent and no costs. On a property at Burnley's average price and rent, one empty month a year costs £631 in lost rent, letting agent fees at 12% cost £833 and repairs at 5% of rent cost £347. That takes the yield from 5.6% to about 4.3%, a gap of 1.3 percentage points. Both yields are before mortgage costs and tax, which reduce the return further, as would any service charge or ground rent.

Is Burnley good for buy-to-let?

RealYield does not rate areas as good or bad investments, because the answer depends on the property, the price paid and your own circumstances. On the published averages, Burnley's gross yield ranks 27th of 316 local authorities in England and Wales and 5th of 35 in the North West. With a 25% deposit and a 4.5% interest-only mortgage, a property at the average price and rent would make about £100 a month before tax after letting, repair and void costs. Rent stops covering those costs and the interest at a mortgage rate of about 5.7%. Individual properties vary widely, so test a specific deal before relying on an area average.

Rents: ONS Price Index of Private Rents, August 2026. Prices: contains HM Land Registry data © Crown copyright and database right 2026, July 2026. Both used under the Open Government Licence v3.0. Averages describe the whole local authority and individual properties vary widely. Net yields and cashflow are RealYield calculations on those averages with the assumptions stated above.

This page is for informational purposes only and does not constitute financial or investment advice. Yields shown are before tax. Always verify current figures and seek independent professional advice before making investment decisions.