Rental yields›South West›North Devon
Rental yield in North Devon
North Devon ranks 19 of 26 areas in the South West for rental yield, at 3.6% gross.
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 2.4% and average rents fell 0.3%.
Average gross yield
3.6%
#282 of 316 areas
Average price
£282,633
▼ 2.4% past year
Average rent
£846/mo
▼ 0.3% past year
Privately rented
20.4%
of 43,198 homes
Average rent by size
1 bedroom
£589/mo
↓ -0.4% / yr
2 bedrooms
£778/mo
↓ -0.3% / yr
3 bedrooms
£965/mo
↓ -0.3% / yr
4+ bedrooms
£1,331/mo
↓ -0.8% / yr
Average private rent by number of bedrooms, across new and existing tenancies. ONS Price Index of Private Rents (August 2026).
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.
How it compares
Deprivation (IMD 2025)
59 neighbourhoods
5% of North Devon's neighbourhoods are in England's most deprived 10%. The typical one sits in the more deprived half of the country.
Fifths of England, most to least deprived (MHCLG IMD 2025). It shifts street by street, so check a specific postcode.
No Article 4 areas for North Devon appear in the national planning dataset yet, but coverage is incomplete and directions can be council-wide, so check the exact postcode before planning an HMO.
Check on the Article 4 map →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.
Nearby areas
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 0.3% and average prices fell 2.4% (HM Land Registry and ONS, to August 2026).
Is there rental demand in North Devon?
Average rents in North Devon fell 0.3% 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 August 2026, average monthly rents in North Devon by property size are £589 for a 1 bedroom property, £778 for a 2 bedroom property, £965 for a 3 bedroom property, £1,331 for a 4 or more bedroom property (ONS). The all-size average is £846 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.
How deprived is North Devon?
On the English Indices of Deprivation 2025, 5% of North Devon's 59 neighbourhoods are in England's most deprived 10%, and 0% are in the least deprived 10%. The typical neighbourhood is in decile 5 of 10, where 1 is most deprived. Deprivation shifts street by street, so check the exact postcode before you offer.
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 (July 2026). Average rent: ONS Price Index of Private Rents (August 2026). Deprivation: MHCLG English Indices of Deprivation 2025. Regions: ONS. Local-authority averages across all property types, indicative only. Contains public sector information licensed under the Open Government Licence v3.0. Not investment advice.