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Buy-to-let in Preston

Yields, prices, demand and local risks for Preston, from official UK data.

The gross rental yield in Preston is 7.1% on terraced houses across Preston. The entry price is £153,000. Prices across Preston moved +11.0% over the last year and +40.5% over ten years. Tenant demand scores 6.1/10 on Clarity's index.

Preston in figures

Gross rental yield
7.1%
On terraced houses across Preston
Entry price
£153,000
The cheapest postcode district's median sale
Price move, 12 months
+11.0%
UK House Price Index, across Preston
Price move, 10 years
+40.5%
UK House Price Index, across Preston
Homes below EPC band C
48%
Of lodged certificates, a proxy for the condition of the stock
Population
164,498
Preston, +12.7% growth
  • Terraced houses across Preston let for £800/mo against a median sale of £135,000 there: 7.1% gross before costs, on ONS rents and sold prices for the whole authority.
  • ONS puts the median rent across the whole local authority at £790/mo, which is the figure to check an asking rent against.
  • Prices here rose 11.0% over the last year on the mix-adjusted UK HPI, which is measured for the whole local authority.
  • Prices +41% over ten years
  • Public administration and defence; compulsory social security: 14.9% of jobs against 4.7% across Great Britain
  • 48% of EPCs below band C
  • £8,210 stamp duty with the 5% surcharge on a £153,000 buy-to-let
  • 1 regeneration award
  • 660 homes added
  • 18% private rented (2021 census)
  • 81% gigabit broadband
  • 79% of 58 graded schools good or better
  • Band D £2,576
  • 1.6% long-term empty
  • +28% five-year forecast for North West as a whole (Savills), not this area

These figures are from Clarity's monthly ranking dataset, one method across every place so they compare. The Preston report measures the area in more depth over its own twelve months, so its figures are the ones to quote.

What sits behind the figures

Prices across Preston moved +40.5% over ten years on the UK House Price Index, and prices are at or near their highest.

Public administration and defence; compulsory social security is 14.9% of employee jobs in Preston, against 4.7% across Great Britain (11,000 jobs in 2015, 15,000 in 2024). Where one industry carries that much of a local economy, rents and prices tend to move with it. Employee jobs across Preston moved +18.8% from 2015 to 2024 (ONS Business Register and Employment Survey).

48% of the energy performance certificates lodged across Preston's postcode districts are below band C (106,618 certificates). Clarity measures areas rather than individual homes, so this is the share of the local stock likely to need energy-efficiency work before it meets a band C standard, not a survey of any one property.

A buy-to-let at £153,000 pays £8,210 in Stamp Duty Land Tax, including the 5% surcharge on additional homes.

The five-year forecast quoted above (Savills, North West) is a regional figure for North West as a whole, not a forecast for Preston, and Clarity does not rank on it.

The Preston report

The full report measures Preston from its own sales: sold prices and rents for each type of home, the year's price move, crime per resident and worker, flood risk, planning designations, housing delivery and regeneration funding, with a worked buy-to-let deal on your own budget. This edition was built in October 2026.

Read the cover of the Preston report, free, with its headline figures, before you decide.

You own this report

The latest Clarity PDF report for Preston, monthly rebuilds included.

Owned

Read a full Liverpool report, free to see everything a report contains.

Compare it with everywhere else

The investment map ranks Preston against every other place we cover, on your own budget and strategy. Questions about the figures or about us are answered here.

Sources and further reading

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