Is Nottingham or Wellingborough better for buy-to-let?

Nottingham has the higher average gross yield at 6.5%, while Nottingham has the lower average purchase price at £225,000. 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 Nottingham?

The average gross rental yield in Nottingham is approximately 6.5%. On a typical £225,000 property that works out at roughly £1,219 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 Wellingborough?

The average gross rental yield in Wellingborough is approximately 5.5%. On a typical £265,000 property that works out at roughly £1,215 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

Nottingham vs Wellingborough 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.

Nottingham vs Wellingborough at a glance

Metric	Nottingham	Wellingborough
Average gross yield	6.5%	5.5%
Average property price	£225,000	£265,000
Implied monthly rent	£1,219	£1,215
25% deposit	£56,250	£66,250
Stamp duty (additional property)	£11,250	£14,000
Population	330,000	50,000
Region	East Midlands	East Midlands
Investor rating	Excellent	Good

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 fit
Standard buy-to-let
Strong fit
HMO / rent by the room
Strong fit
First-time landlord

Full Nottingham guide

Wellingborough

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 commuters using the town's rail and road links, local employment in services, healthcare and logistics, supported by a population of around 50,000. On the average £265,000 purchase, a 5.5% gross yield implies roughly £1,215 per calendar month in rent — a useful sanity check when you are reviewing a listing. London commuter potential with good yields.

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

Full Wellingborough guide

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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