Is Basingstoke or Truro better for buy-to-let?

Basingstoke has the higher average gross yield at 4.5%, while Truro has the lower average purchase price at £345,000. Higher-yield markets suit cash-flow investors; lower-yield, higher-price markets tend to be capital-growth plays.

What is the average rental yield in Basingstoke?

The average gross rental yield in Basingstoke is approximately 4.5%. On a typical £365,000 property that works out at roughly £1,369 per month in rent before mortgage costs, letting fees, insurance and maintenance. Net yield after costs is usually 1.5–2.5 percentage points lower.

What is the average rental yield in Truro?

The average gross rental yield in Truro is approximately 4.5%. On a typical £345,000 property that works out at roughly £1,294 per month in rent before mortgage costs, letting fees, insurance and maintenance. Net yield after costs is usually 1.5–2.5 percentage points lower.

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Location comparison

Basingstoke vs Truro for Property Investment

Basingstoke leads on gross yield at 4.5%, while Truro has the lower entry price at £345,000. Here is how the two markets compare on yield, price, deposit and tenant demand.

Basingstoke vs Truro at a glance

Metric	Basingstoke	Truro
Average gross yield	4.5%	4.5%
Average property price	£365,000	£345,000
Implied monthly rent	£1,369	£1,294
25% deposit	£91,250	£86,250
Stamp duty (additional property)	£24,000	£22,000
Population	115,000	20,000
Region	South East	South West
Investor rating	Good	Average

Basingstoke

The market skews towards period houses, detached family homes and premium new-build apartments, so entry prices sit well above the national average. Tenant demand is underpinned by local employment in services, healthcare and logistics, supported by a population of around 115,000. On the average £365,000 purchase, a 4.5% gross yield implies roughly £1,369 per calendar month in rent — a useful sanity check when you are reviewing a listing. Major employment hub with corporate tenant demand.

Consider carefully
Standard buy-to-let
Workable
HMO / rent by the room
Consider carefully
First-time landlord

Full Basingstoke guide

Truro

Expect a spread of semi-detached family homes, period conversions and new-build apartment schemes, with terraces concentrated in the older inner areas. Tenant demand is underpinned by local employment in services, healthcare and logistics, supported by a population of around 20,000. On the average £345,000 purchase, a 4.5% gross yield implies roughly £1,294 per calendar month in rent — a useful sanity check when you are reviewing a listing. Cornwall's only city with premium rental market.

Consider carefully
Standard buy-to-let
Consider carefully
HMO / rent by the room
Workable
First-time landlord

Full Truro guide

Which is the better investment?

If monthly cash flow is your priority, Basingstoke is the stronger option on paper at 4.5% gross. If you want the lower capital commitment, Truro needs around £86,250 as a 25% deposit. Averages only take you so far, though — run the actual listing through PropertyROI before you offer.

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