Rental yields›North Devon
Rental yield in North Devon
North Devon sits in the lower half for rental yield in England and Wales, a little below the 4.4% typical figure across all 316 areas.
Over the past year, average prices in North Devon fell 0.2% and average rents fell 0.1%.
Gross yield
3.6%
Average price
£281,532
↓ -0.2% / yr
Average rent
£845/mo
↓ -0.1% / yr
National rank
#278 of 316
Who rents here
Census 2021, 43,198 households
20.4% of homes in North Devon are private rentals.
Average rent by size
1 bedroom
£588/mo
↓ -0.1% / yr
2 bedrooms
£777/mo
↓ -0.1% / yr
3 bedrooms
£963/mo
↓ -0.1% / yr
4+ bedrooms
£1,329/mo
↓ -0.7% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,761
Band B
£2,055
Band C
£2,348
Band D
£2,642
Band E
£3,229
Band F
£3,816
Band G
£4,403
Band H
£5,284
Average annual bill for the area, including police and other precepts (MHCLG and Welsh Government, 2026-27). Community precepts vary, and the band is set by the property, so check the exact band on gov.uk.
Work out the yield on a specific property
Pre-filled with the North Devon average. Change them for a real property.
That is right on the North Devon average of 3.6%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is North Devon a good place to buy to let?
It is around the middle for rental income, at a 3.6% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in North Devon?
Over the past year, average rents in North Devon fell 0.1% and average prices fell 0.2% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in North Devon?
Average rents in North Devon fell 0.1% over the past year (ONS), which suggests tenant demand is softening. Ask local letting agents about typical void periods before relying on the headline yield for a buy-to-let. For the size of the market: at the 2021 census, 20.4% of North Devon's 43,198 households rented privately (11.1% social rented, 67.3% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in North Devon?
As of 2026-07, average monthly rents in North Devon by property size are £588 for a 1 bedroom property, £777 for a 2 bedroom property, £963 for a 3 bedroom property, £1,329 for a 4 or more bedroom property (ONS). The all-size average is £845 a month.
How much is council tax in North Devon?
In 2026-27, the average Band D council tax in North Devon is £2,642 a year including police and other precepts. Bills scale with the property's band: from £1,761 for Band A up to £5,284 for Band H. Community precepts vary within the area, so treat these as area averages and check the exact band and bill with the council.
What is a good rental yield in the UK?
As a rough guide, under 4% is low, 5 to 6% is typical, and above 6.5% is high. North Devon is at 3.6%.
Gross yield = annual rent divided by average price. Average price: HM Land Registry UK HPI (01/06/2026). Average rent: ONS Price Index of Private Rents (2026-07). Local-authority averages across all property types, indicative only. Contains public sector information licensed under the Open Government Licence v3.0. Not investment advice.