Buy-to-Let Yields in Devon
10 councils · 59 postcode districts · Best: Plymouth UA · Data from HM Land Registry & VOA
Top Postcode Districts in Devon
| Postcode ↕ | Area ↕ | Yield ↕ | Median Price ↕ |
|---|---|---|---|
| PL1 | PLYMOUTH | 4.63 | £180,000 |
| PL2 | PLYMOUTH | 4.45 | £187,500 |
| PL4 | PLYMOUTH | 4.39 | £190,000 |
| PL5 | PLYMOUTH | 4.39 | £190,000 |
| TQ11 | BUCKFASTLEIGH | 3.96 | £241,000 |
| EX4 | EXETER | 3.86 | £280,000 |
| TQ1 | TORQUAY | 3.81 | £213,500 |
| PL6 | PLYMOUTH | 3.55 | £235,000 |
| EX7 | DAWLISH | 3.53 | £270,000 |
| EX32 | BARNSTAPLE | 3.48 | £240,000 |
| PL3 | PLYMOUTH | 3.48 | £240,000 |
| EX2 | EXETER | 3.46 | £312,500 |
| TQ12 | NEWTON ABBOT | 3.45 | £276,250 |
| PL21 | IVYBRIDGE | 3.4 | £300,000 |
| EX14 | HONITON | 3.37 | £285,000 |
Councils in Devon by Yield
| Council ↕ | Avg Yield ↕ | Median Price ↕ | Monthly Rent ↕ | Postcodes ↕ |
|---|---|---|---|---|
| Plymouth UA | 3.87 | £235,000 | £695 | 8 |
| Mid Devon | 3.26 | £297,250 | £795 | 3 |
| Torbay UA | 3.26 | £245,000 | £678 | 5 |
| Teignbridge | 3.24 | £315,000 | £795 | 6 |
| Exeter | 3.16 | £325,000 | £900 | 4 |
| West Devon | 2.99 | £310,000 | £750 | 4 |
| Torridge | 2.83 | £299,300 | £695 | 5 |
| East Devon | 2.8 | £320,000 | £800 | 9 |
| North Devon | 2.76 | £315,000 | £695 | 8 |
| South Hams | 2.52 | £403,500 | £850 | 7 |
Devon Buy-to-Let Overview
Devon offers an average gross rental yield of 3.1% across 10 councils and 59 postcode districts. While below the England average of 3.6%, individual councils and postcodes within Devon can offer significantly better returns than the county average.
Frequently Asked Questions
What is the average rental yield in Devon?
The average gross rental yield across Devon is 3.1%, based on 55,357 property transactions across 10 councils and 59 postcode districts.
Which councils in Devon have the highest rental yields?
The highest-yielding councils in Devon are Plymouth UA (3.9%), Mid Devon (3.3%), and Torbay UA (3.3%).
What are the best postcodes for buy-to-let in Devon?
The top postcode districts in Devon are PL1 (4.6%), PL2 (4.5%), and PL4 (4.4%). These areas combine lower property prices with competitive rental returns.
Data updated quarterly from HM Land Registry and VOA open data. Last updated June 2026.