2.9% Below average

Rental Yield in PL16 — LIFTON

Rent data based on West Devon local authority median. Our methodology

Below average ↓ below South West average (3.2%) · ↓ below England average (3.6%)
£310,000
Median Price
£750
Monthly Rent
2.9%
Gross Yield
71
Transactions (3yr)

Price by Property Type

Type Median Price Sales
Detached £389,000 27
Semi-detached £247,500 17
Terraced £269,950 13
Other £250,000 14

Compare Nearby Postcodes

Compare PL16 side by side →
Postcode Area Yield Median Price Monthly Rent
PL15 LAUNCESTON 3.65 £255,000 £775
PL19 TAVISTOCK 3.06 £293,750 £750
PL17 CALLINGTON 3.31 £280,997 £775
PL18 GUNNISLAKE 3.32 £280,000 £775
EX21 BEAWORTHY 2.49 £335,000 £695

PL16 is part of West Devon. View all postcode districts in West Devon.

Frequently Asked Questions

What is the rental yield in PL16?

PL16 has a gross rental yield of 2.9%. The median property price is £310,000 with typical monthly rents of £750, based on Land Registry and VOA data.

Is PL16 a good area for buy-to-let?

PL16 yields 2.9%, below the England average of 3.6%. The area may offer stronger capital growth. Compare with other postcodes in West Devon for alternatives.

What is the median property price in PL16?

The median property price in PL16 is £310,000, based on 71 Land Registry transactions over 3 years. This compares to £310,000 across West Devon as a whole.

Data updated quarterly · Last update: Q1 2026