Corby vs Nottingham for Property Investment
Nottingham leads on gross yield at 6.5%, while Nottingham has the lower entry price at £225,000. Here is how the two markets compare on yield, price, deposit and tenant demand.
Corby vs Nottingham at a glance
| Metric | Corby | Nottingham |
|---|---|---|
| Average gross yield | 6.2% | 6.5% |
| Average property price | £235,000 | £225,000 |
| Implied monthly rent | £1,214 | £1,219 |
| 25% deposit | £58,750 | £56,250 |
| Stamp duty (additional property) | £11,750 | £11,250 |
| Population | 75,000 | 330,000 |
| Region | East Midlands | East Midlands |
| Investor rating | Good | Excellent |
Corby
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 75,000. On the average £235,000 purchase, a 6.2% gross yield implies roughly £1,214 per calendar month in rent — a useful sanity check when you are reviewing a listing. Growing steel town with affordable prices.
- WorkableStandard buy-to-let
- Consider carefullyHMO / rent by the room
- WorkableFirst-time landlord
Nottingham
Typical stock is a mix of terraces, ex-council semis and a growing number of apartment conversions closer to the centre. Tenant demand is underpinned by a large student population, public-sector employers including hospitals and councils, supported by a population of around 330,000. On the average £225,000 purchase, a 6.5% gross yield implies roughly £1,219 per calendar month in rent — a useful sanity check when you are reviewing a listing. Two universities and strong employment driving demand.
- Strong fitStandard buy-to-let
- Strong fitHMO / rent by the room
- Strong fitFirst-time landlord
Which is the better investment?
If monthly cash flow is your priority, Nottingham is the stronger option on paper at 6.5% gross. If you want the lower capital commitment, Nottingham needs around £56,250 as a 25% deposit. Averages only take you so far, though — run the actual listing through PropertyROI before you offer.
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