Buy-to-Let Yields in Cheltenham
4 postcode districts | Best: GL51 | Data from HM Land Registry & VOA
The average gross rental yield in Cheltenham is 3.2% in 2026. This is based on 7,197 Land Registry transactions and VOA rent data. The median property costs £345,000 and rents for £900 a month. The best postcode is GL51.
Best Postcode Districts in Cheltenham
| Postcode ↕ | Area ↕ | Yield ↕ | Median Price ↕ | Sales (3yr) ↕ |
|---|---|---|---|---|
| GL51 | CHELTENHAM | 3.79 | £285,000 | 2,154 |
| GL50 | CHELTENHAM | 3.6 | £300,000 | 1,434 |
| GL52 | CHELTENHAM | 3.13 | £345,000 | 2,598 |
| GL53 | CHELTENHAM | 2.1 | £515,000 | 1,011 |
Check the stamp duty guide before making an offer on any of these postcodes.
Cheltenham Buy-to-Let Overview
Cheltenham offers an average gross rental yield of 3.2% across 4 postcode districts, with a median property price of £345,000 and typical monthly rents of £900. While below the England average of 3.6%, specific postcodes within Cheltenham can offer stronger returns.
Use our rental yield calculator to model your own numbers for a property in Cheltenham.
Frequently Asked Questions
What is the average rental yield in Cheltenham?
The average gross rental yield in Cheltenham is 3.2%, based on 7,197 property transactions and VOA rental data. Median property price is £345,000 with typical rents of £900/month.
What are the best postcodes for buy-to-let in Cheltenham?
The highest-yielding postcodes in Cheltenham are GL51 (3.8%), GL50 (3.6%), and GL52 (3.1%). These areas offer the strongest returns relative to property prices.
How does Cheltenham compare to the South West average?
Cheltenham averages 3.2% gross yield, below the South West average of 3.2%. While headline yields are lower, specific postcodes within the council area may outperform. Check individual postcode pages for detailed data.