Updated monthly · rents for August 2026 · North West

Rental Yields in Wigan

The average private rent in Wigan was £746 a month in August 2026, and the average property price was £194,551 in July 2026. That gives a gross rental yield of 4.6%, which ranks 137th of 316 local authorities in England and Wales and 23rd of 35 in the North West.

Take off a letting agent, repairs and one empty month a year and the net yield is about 3.5%, before mortgage costs and tax. In the year to August 2026 the average rent rose 6.6%, and in the year to July 2026 the average price rose 3.9%. 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

4.6%

#137 of 316 in England & Wales

Net yield

3.5%

After letting, repairs and voids

Average rent

£746

+6.6% in 12 months

Average price

£194,551

+3.9% in 12 months

What a typical Wigan rental makes after costs

Gross yield ignores costs. Here is a property at Wigan's average price and rent, run through the RealYield calculator with the same assumptions Deal Check uses. Costs take the yield from 4.6% to 3.5%, a gap of 1.1 percentage points. Rent covers these costs and the mortgage interest up to a rate of about 4.7%.

Annual figures for a property at the average price and rent in Wigan
A year at £194,551 and £746 pcm£ a year
Rent for 12 months£8,952
Less one empty month-£746
Less letting agent (12% of rent collected)-£985
Less repairs (5% of rent collected)-£410
Net income before mortgage (net yield 3.5%)£6,811
Less mortgage interest (£145,913 at 4.5%, interest only)-£6,566
Cashflow before tax£245
Less income tax (higher-rate taxpayer, owned personally, Section 24)-£1,411
Cashflow after tax-£1,166

That works out at £20 a month before tax and a loss of £97 a month after tax, on a £48,638 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 Wigan compares with the North West

Wigan's gross yield ranks 137th of 316 local authorities in England and Wales and 23rd of 35 in the North West. In the North West, gross yields run from 3.4% in Ribble Valley to 6.5% in Manchester.

Wigan against regional and national medians
MeasureWiganNorth West medianEngland and Wales median
Gross yield4.6%4.9%4.4%
Net yield (after letting, repairs, voids)3.5%3.7%3.4%
Average rent (pcm)£746£823£1,022
Average price£194,551£209,723£288,085
Rent change, 12 months+6.6%+5.9%+3.9%
Price change, 12 months+3.9%+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 Wigan by bedrooms

Property sizeAverage rent (pcm, August 2026)
1 bedroom£542
2 bedrooms£700
3 bedrooms£838
4+ bedrooms£1,143

Source: ONS Price Index of Private Rents, August 2026. A 2-bedroom rent against the average flat price gives a flat yield of 7.9%, gross.

Average house price in Wigan by property type

Property typeAverage price (July 2026)
Detached£317,102
Semi-detached£203,065
Terraced£157,881
Flat / maisonette£105,966

Areas to compare with Wigan

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

Wigan rental yield questions

What is the average rental yield in Wigan?

The average gross rental yield in Wigan is 4.6%, from an average rent of £746 a month (ONS, August 2026) and an average price of £194,551 (HM Land Registry, July 2026). It ranks 137th of 316 local authorities in England and Wales and 23rd 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 3.5%. Both figures are before mortgage costs and tax.

What is the average rent in Wigan?

The average private rent in Wigan was £746 per calendar month in August 2026, according to the ONS Price Index of Private Rents. A 2-bedroom home averaged £700 a month. Over the previous 12 months the average rent rose 6.6%, against a median change of +3.9% across England and Wales.

What is the average house price in Wigan?

The average property price in Wigan was £194,551 in July 2026, according to the HM Land Registry UK House Price Index. The average flat or maisonette cost £105,966. Over the previous 12 months the average price rose 3.9%.

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

Wigan's gross yield of 4.6% is 0.3 points below the median of 4.9% for the 35 local authorities in the North West, and 0.2 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 Wigan lower than the gross yield?

Gross yield counts every month's rent and no costs. On a property at Wigan's average price and rent, one empty month a year costs £746 in lost rent, letting agent fees at 12% cost £985 and repairs at 5% of rent cost £410. That takes the yield from 4.6% to about 3.5%, a gap of 1.1 percentage points. Both yields are before mortgage costs and tax, which reduce the return further, as would any service charge or ground rent.

Is Wigan 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, Wigan's gross yield ranks 137th of 316 local authorities in England and Wales and 23rd 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 £20 a month before tax after letting, repair and void costs. Rent stops covering those costs and the interest at a mortgage rate of about 4.7%. 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.