The average gross rental yield in Sheffield is indicatively around 5.5%. That figure comes from a typical Sheffield property price of £195,000 and a median monthly rent of £900 (South Yorkshire) — i.e. £900 × 12 ÷ £195,000 × 100.
Want your own numbers? Open the rental yield calculator pre-filled with Sheffield figures — it's free, and you can adjust the price, rent and costs to match a specific property.
Gross yields vary a lot by property size. Using Sheffield's £195,000 average price against the median rent for each property size gives an indicative gross yield:
| Bedrooms | Median monthly rent | Indicative gross yield |
|---|---|---|
| 1 bed | £700 | 4.3% |
| 2 beds | £900 | 5.5% |
| 3 beds | £1,150 | 7.1% |
| 4 beds | £1,550 | 9.5% |
At around 5.5%, Sheffield's indicative gross yield sits below the roughly 5.96% UK average — common in higher-price areas, where investors often weigh yield against expected capital growth. Remember that net yield — after mortgage, maintenance, agency fees, insurance and other costs — is what really matters, and our calculator works that out too.
Ready to run the numbers? Calculate Sheffield rental yield now.
Methodology: figures are indicative and hand-transcribed from VOA/ONS Private Rental Market Statistics & HM Land Registry UK House Price Index (2024). Rents and prices are medians and averages for the wider South Yorkshire area, not a specific property, and the underlying surveys are not directly comparable across areas or over time. Always check current listings and get professional advice before investing.