Average Rental Yield in West 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

3.3%

#309 of 316 in England & Wales

Average rent

£839

+1.3% in 12 months

Average price

£307,291

+6.9% in 12 months

Flat yield (2-bed rent vs flat price)

5.9%

Gross yield is only the start

Service charges, voids, agent fees and Section 24 tax all eat into that 3.3%. Run a West Devon deal through the free calculator with these averages prefilled.

Calculate true net yield

Average rent in West Devon by bedrooms

Property sizeAverage rent (pcm, May 2026)
1 bedroom£598
2 bedrooms£765
3 bedrooms£943
4+ bedrooms£1,342

Average house price in West Devon by property type

Property typeAverage price (April 2026)
Detached£464,988
Semi-detached£309,409
Terraced£233,422
Flat / maisonette£154,672

Areas with similar yields

Frequently asked questions

What is the average rent in West Devon?

The average private rent in West Devon was £839 per calendar month in May 2026, according to the ONS Price Index of Private Rents. A 2-bedroom property averaged £765 pcm.

What is the average house price in West Devon?

The average property price in West Devon was £307,291 in April 2026, according to the HM Land Registry UK House Price Index. The average flat cost £154,672.

What is the average rental yield in West Devon?

Dividing annual average rent by average price gives West Devon a gross rental yield of 3.3%, ranking 309 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 West 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.