Updated monthly · rents for August 2026 · South East

Rental Yields in Thanet

The average private rent in Thanet was £1,118 a month in August 2026, and the average property price was £269,708 in July 2026. That gives a gross rental yield of 5.0%, which ranks 82nd of 316 local authorities in England and Wales and 14th of 64 in the South East.

Take off a letting agent, repairs and one empty month a year and the net yield is about 3.8%, before mortgage costs and tax. In the year to August 2026 the average rent rose 3.7%, and in the year to July 2026 the average price rose 1.8%. Rents have moved ahead of prices, which pushes gross yields up.

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

5.0%

#82 of 316 in England & Wales

Net yield

3.8%

After letting, repairs and voids

Average rent

£1,118

+3.7% in 12 months

Average price

£269,708

+1.8% in 12 months

What a typical Thanet rental makes after costs

Gross yield ignores costs. Here is a property at Thanet's average price and rent, run through the RealYield calculator with the same assumptions Deal Check uses. Costs take the yield from 5.0% to 3.8%, a gap of 1.2 percentage points. Rent covers these costs and the mortgage interest up to a rate of about 5.0%.

Annual figures for a property at the average price and rent in Thanet
A year at £269,708 and £1,118 pcm£ a year
Rent for 12 months£13,416
Less one empty month-£1,118
Less letting agent (12% of rent collected)-£1,476
Less repairs (5% of rent collected)-£615
Net income before mortgage (net yield 3.8%)£10,207
Less mortgage interest (£202,281 at 4.5%, interest only)-£9,103
Cashflow before tax£1,105
Less income tax (higher-rate taxpayer, owned personally, Section 24)-£2,262
Cashflow after tax-£1,158

That works out at £92 a month before tax and a loss of £96 a month after tax, on a £67,427 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 Thanet compares with the South East

Thanet's gross yield ranks 82nd of 316 local authorities in England and Wales and 14th of 64 in the South East. In the South East, gross yields run from 3.0% in Elmbridge to 6.5% in Portsmouth.

Thanet against regional and national medians
MeasureThanetSouth East medianEngland and Wales median
Gross yield5.0%4.4%4.4%
Net yield (after letting, repairs, voids)3.8%3.3%3.4%
Average rent (pcm)£1,118£1,360£1,022
Average price£269,708£382,549£288,085
Rent change, 12 months+3.7%+3.0%+3.9%
Price change, 12 months+1.8%+0.8%+1.9%

Medians of the local authority averages (64 in the South East, 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 Thanet by bedrooms

Property sizeAverage rent (pcm, August 2026)
1 bedroom£773
2 bedrooms£1,004
3 bedrooms£1,229
4+ bedrooms£1,681

Source: ONS Price Index of Private Rents, August 2026. A 2-bedroom rent against the average flat price gives a flat yield of 7.6%, gross.

Average house price in Thanet by property type

Property typeAverage price (July 2026)
Detached£482,797
Semi-detached£329,202
Terraced£261,402
Flat / maisonette£158,597

Areas to compare with Thanet

Local authorities in the South East with the closest gross yields to Thanet.

Thanet rental yield questions

What is the average rental yield in Thanet?

The average gross rental yield in Thanet is 5.0%, from an average rent of £1,118 a month (ONS, August 2026) and an average price of £269,708 (HM Land Registry, July 2026). It ranks 82nd of 316 local authorities in England and Wales and 14th of 64 in the South East. After a 12% letting agent fee, 5% of rent on repairs and one empty month a year, the net yield is about 3.8%. Both figures are before mortgage costs and tax.

What is the average rent in Thanet?

The average private rent in Thanet was £1,118 per calendar month in August 2026, according to the ONS Price Index of Private Rents. A 2-bedroom home averaged £1,004 a month. Over the previous 12 months the average rent rose 3.7%, against a median change of +3.9% across England and Wales.

What is the average house price in Thanet?

The average property price in Thanet was £269,708 in July 2026, according to the HM Land Registry UK House Price Index. The average flat or maisonette cost £158,597. Over the previous 12 months the average price rose 1.8%.

How do rental yields in Thanet compare with the rest of the South East?

Thanet's gross yield of 5.0% is 0.6 points above the median of 4.4% for the 64 local authorities in the South East, and 0.6 points above the England and Wales median of 4.4%. Across the region, gross yields run from 3.0% in Elmbridge to 6.5% in Portsmouth. These are gross yields, before costs and tax.

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

Gross yield counts every month's rent and no costs. On a property at Thanet's average price and rent, one empty month a year costs £1,118 in lost rent, letting agent fees at 12% cost £1,476 and repairs at 5% of rent cost £615. That takes the yield from 5.0% to about 3.8%, a gap of 1.2 percentage points. Both yields are before mortgage costs and tax, which reduce the return further, as would any service charge or ground rent.

Is Thanet 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, Thanet's gross yield ranks 82nd of 316 local authorities in England and Wales and 14th of 64 in the South East. With a 25% deposit and a 4.5% interest-only mortgage, a property at the average price and rent would make about £92 a month before tax after letting, repair and void costs. Rent stops covering those costs and the interest at a mortgage rate of about 5.0%. 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.