2.8% Below average

Buy-to-Let Yields in North Devon

8 postcode districts | Best: EX32 | Data from HM Land Registry & VOA

Below average ↓ below South West average (3.2%) · ↓ below England average (3.6%)
2.8%
Average Yield
£315,000
Median Price
£695
Monthly Rent
4,455
Total Transactions

Best Postcode Districts in North Devon

Postcode Area Yield Median Price Sales (3yr)
EX32 BARNSTAPLE 3.48 £240,000 894
EX34 ILFRACOMBE 3.27 £255,000 814
EX36 SOUTH MOLTON 2.92 £286,000 528
EX18 CHULMLEIGH 2.78 £300,000 141
EX31 BARNSTAPLE 2.65 £315,000 1,391
EX37 UMBERLEIGH 2.49 £335,000 137
EX35 LYNTON 2.4 £347,000 119
EX33 BRAUNTON 2.06 £404,000 431

North Devon Buy-to-Let Overview

North Devon offers an average gross rental yield of 2.8% across 8 postcode districts, with a median property price of £315,000 and typical monthly rents of £695. While below the England average of 3.6%, specific postcodes within North Devon can offer stronger returns.

Frequently Asked Questions

What is the average rental yield in North Devon?

The average gross rental yield in North Devon is 2.8%, based on 4,455 property transactions and VOA rental data. Median property price is £315,000 with typical rents of £695/month.

What are the best postcodes for buy-to-let in North Devon?

The highest-yielding postcodes in North Devon are EX32 (3.5%), EX34 (3.3%), and EX36 (2.9%). These areas offer the strongest returns relative to property prices.

How does North Devon compare to the South West average?

North Devon averages 2.8% 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.

Data updated quarterly · Last update: Q1 2026