Buy-to-Let Yields in West Devon
4 postcode districts | Best: EX20 | Data from HM Land Registry & VOA
The average gross rental yield in West Devon is 3.0% in 2026. This is based on 2,599 Land Registry transactions and VOA rent data. The median property costs £310,000 and rents for £750 a month. The best postcode is EX20.
Best Postcode Districts in West Devon
| Postcode ↕ | Area ↕ | Yield ↕ | Median Price ↕ | Sales (3yr) ↕ |
|---|---|---|---|---|
| EX20 | OKEHAMPTON | 3.1 | £290,000 | 1,229 |
| PL19 | TAVISTOCK | 3.06 | £293,750 | 846 |
| PL16 | LIFTON | 2.9 | £310,000 | 71 |
| PL20 | YELVERTON | 2.9 | £310,000 | 453 |
Check the stamp duty guide before making an offer on any of these postcodes.
West Devon Buy-to-Let Overview
West Devon offers an average gross rental yield of 3.0% across 4 postcode districts, with a median property price of £310,000 and typical monthly rents of £750. While below the England average of 3.6%, specific postcodes within West Devon can offer stronger returns.
Use our rental yield calculator to model your own numbers for a property in West Devon.
Frequently Asked Questions
What is the average rental yield in West Devon?
The average gross rental yield in West Devon is 3.0%, based on 2,599 property transactions and VOA rental data. Median property price is £310,000 with typical rents of £750/month.
What are the best postcodes for buy-to-let in West Devon?
The highest-yielding postcodes in West Devon are EX20 (3.1%), PL19 (3.1%), and PL16 (2.9%). These areas offer the strongest returns relative to property prices.
How does West Devon compare to the South West average?
West Devon averages 3.0% 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.