2.8% Below average

Buy-to-Let Yields in North Devon

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

The average gross rental yield in North Devon is 2.8% in 2026. This is based on 4,455 Land Registry transactions and VOA rent data. The median property costs £315,000 and rents for £695 a month. The best postcode is EX32.

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

Check the stamp duty guide before making an offer on any of these postcodes.

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.

Use our rental yield calculator to model your own numbers for a property in North Devon.

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