Property to Rent in SY24 (2026)
Indicative monthly rent at the SY24 sold median is around £1,237 pcm, with gross yields in the 5.0–8.0% band. The rent figure is illustrative — derived from HMLR sale-price truth — because no public sold-rent register exists in the UK.
Indicative monthly rent by bedroom count in SY24
| Bedrooms | Multiplier | Sale-value anchor | Indicative monthly rent | Annual rent |
|---|---|---|---|---|
| 1 bed | 77% | £177,100 | £750 – £1,175 pcm | £8,855 – £14,168 pa |
| 2 beds | 87% | £200,100 | £825 – £1,325 pcm | £10,005 – £16,008 pa |
| 3 beds | 100% | £230,000 | £950 – £1,525 pcm | £11,500 – £18,400 pa |
| 4 beds | 112% | £257,600 | £1,075 – £1,725 pcm | £12,880 – £20,608 pa |
| 5 beds | 124% | £285,200 | £1,200 – £1,900 pcm | £14,260 – £22,816 pa |
Gross yield by property type in SY24
| Property type | Sold median | Indicative monthly rent | Yield band |
|---|---|---|---|
| Detached | £275,000 | £1,150 – £1,825 pcm | 5.0–8.0% |
| Semi-detached | £215,000 | £900 – £1,425 pcm | 5.0–8.0% |
| Terraced | £175,000 | £725 – £1,175 pcm | 5.0–8.0% |
| Other | £120,000 | £500 – £800 pcm | 5.0–8.0% |
| Flat / maisonette | £132,000 | £550 – £875 pcm | 5.0–8.0% |
More about SY24
Sectors inside SY24
Nearby outcodes in SY
Other places to rent
FAQ: renting in SY24
How do I find rentals in SY24?
Describe what you want in plain English using Offrly's AI rental search. Offrly pulls live UK rental listings in SY24, reads each one — photos, finish, garden, layout — and grades every listing 0–100 against your brief. Free, no mandatory signup.
What's the typical rent in SY24?
Asking rents change live with the market — there's no public sold-rent register the way HM Land Registry publishes sale prices. The fastest read on current rents is to run an Offrly rental search or rental valuation for the specific property type you have in mind.
Is SY24 a good place to rent?
The local sale-price market gives a sense of area cost-base — median sold price in SY24 is £230,000 from HM Land Registry, across 41 recent transactions. Specific rental availability depends on what's being marketed in the week you search — use the AI rental search above for live listings.
What deposit and tenancy terms apply in SY24?
Per the gov.uk tenant guidance for England's Tenant Fees Act 2019, Assured Shorthold Tenancy deposits are capped at 5 weeks' rent where annual rent is below £50,000, and 6 weeks' rent where annual rent is between £50,000 and £100,000. Scotland's Private Residential Tenancy caps deposits at 2 months' rent. See our rental guide for the full picture.
Source: HM Land Registry Price Paid Data, licensed under Open Government Licence v3.0. Offrly estimates are indicative market guidance — not regulated valuations and not financial, tax or legal advice.
How these numbers are calculated
No public register of sold rents exists in the UK — HM Land Registry publishes only sales. Every rent figure on this page is illustrative: it pairs the SY24 sale-price median with a UK-wide gross-yield band and (where bedroom-specific) UK-typical bedroom-count price multipliers.
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Indicative monthly rent (hero, area median).
Formula:
HMLR sold median × 5.0–8.0% ÷ 12, rounded to £25. Sold median: HM Land Registry Price Paid Data (last 12 months). Yield band: HMO Checker — what is a good rental yield (states "5–6% is a solid, good rental yield in most UK regions" and "6–8% is a very good return"). - Gross yield band (5.0–8.0%). Single UK-wide band applied to every area on this site for transparency. Yields run lower in expensive London markets (closer to 5%) and higher in lower-priced regional cities (toward 7–8%) — see HMO Checker's UK yield breakdown for context.
- Sale-price growth (year on year). 12-month median sold price vs. the prior 12-month median, computed from HMLR Price Paid Data. HMLR's sale-to-registration lag typically runs 2 weeks to 2 months, so the most recent 1–2 months are incomplete.
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Indicative rent by bedroom count.
Formula:
HMLR sold median × bedroom multiplier × 5.0–8.0% ÷ 12, rounded to £25. Multipliers (1: 77%, 2: 87%, 3: 100%, 4: 112%, 5: 124%, with 3-bed = 100% baseline) imply per-step uplifts of 1→2 +13.0%, 2→3 +14.9%, 3→4 +12.0%, 4→5 +10.7%. The 2→3 and 3→4 steps sit inside the bands directly stated by Nationwide — What Adds Value (2→3 bed: terraced 13%, semi 14%, detached 17%; 3→4 bed: terraced 10%, semi 10%, detached 13%). The 1→2 and 4→5 steps are unsourced (Nationwide only covers 2→3 and 3→4) and taper conservatively. Supplementary context: ONS adhoc 14839 (simple-average UK prices by bedroom count). - Yield by property type. Same formula as indicative monthly rent, applied to each property type's HMLR sold median individually. The yield band is held constant across types — within a single area, yields don't vary much by type.
Live asking rents move with the market; search live UK rentals in SY24 or run a free rental valuation for the current asking-rent picture for a specific property. HMLR Price Paid Data is licensed under the Open Government Licence v3.0.