Average Rental Yield in Mid Devon
Official data: ONS average rents (May 2026) and HM Land Registry average prices (April 2026). All yields are gross and pre-tax.
Gross yield
3.6%
#282 of 316 in England & Wales
Average rent
£873
+2.1% in 12 monthsAverage price
£291,923
-1.0% in 12 monthsFlat yield (2-bed rent vs flat price)
7.2%
Gross yield is only the start
Service charges, voids, agent fees and Section 24 tax all eat into that 3.6%. Run a Mid Devon deal through the free calculator with these averages prefilled.
Average rent in Mid Devon by bedrooms
| Property size | Average rent (pcm, May 2026) |
|---|---|
| 1 bedroom | £637 |
| 2 bedrooms | £805 |
| 3 bedrooms | £989 |
| 4+ bedrooms | £1,446 |
Average house price in Mid Devon by property type
| Property type | Average price (April 2026) |
|---|---|
| Detached | £432,443 |
| Semi-detached | £286,198 |
| Terraced | £227,286 |
| Flat / maisonette | £134,129 |
Areas with similar yields
Frequently asked questions
What is the average rent in Mid Devon?
The average private rent in Mid Devon was £873 per calendar month in May 2026, according to the ONS Price Index of Private Rents. A 2-bedroom property averaged £805 pcm.
What is the average house price in Mid Devon?
The average property price in Mid Devon was £291,923 in April 2026, according to the HM Land Registry UK House Price Index. The average flat cost £134,129.
What is the average rental yield in Mid Devon?
Dividing annual average rent by average price gives Mid Devon a gross rental yield of 3.6%, ranking 282 of 316 local authorities in England and Wales. This is a gross, pre-tax figure. Costs such as service charges, voids, agent fees, maintenance and tax reduce the net return.
Is this the net yield?
No. These figures are gross yields from official average rents and prices. Net yield depends on the specific property's costs. Use the free RealYield calculator to model the true net yield, monthly cashflow and tax for a specific deal in Mid Devon.
Rents: ONS Price Index of Private Rents, May 2026. Prices: contains HM Land Registry data © Crown copyright and database right 2026, April 2026. Both used under the Open Government Licence v3.0. Averages describe the whole local authority and individual properties vary widely.
This page is for informational purposes only and does not constitute financial or investment advice. Yields shown are gross and pre-tax. Always verify current figures and seek independent professional advice before making investment decisions.