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Rental yieldsPlymouth

Rental yield in Plymouth

Plymouth sits in the upper half for rental yield in England and Wales, a bit above the 4.4% typical figure across all 316 areas.

Over the past year, average prices in Plymouth rose 4.4% and average rents rose 5.2%.

Gross yield

5.4%

Average price

£222,817

+4.4% / yr

Average rent

£1,001/mo

+5.2% / yr

National rank

#39 of 316

Who rents here

Census 2021, 114,557 households

22.6% of homes in Plymouth are private rentals.

Private rented 22.6%Social rented 18.4%Owner occupied 57.6%

Average rent by size

1 bedroom

£703/mo

+5.3% / yr

2 bedrooms

£883/mo

+5.3% / yr

3 bedrooms

£1,061/mo

+5.5% / yr

4+ bedrooms

£1,488/mo

+4.7% / yr

1 bed£703
2 beds£883
3 beds£1,061
4+ beds£1,488

Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).

Council tax bands (2026-27)

Band A

£1,628

Band B

£1,899

Band C

£2,171

Band D

£2,442

Band E

£2,985

Band F

£3,527

Band G

£4,070

Band H

£4,884

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 Plymouth average. Change them for a real property.

Gross yield5.4%

That is right on the Plymouth average of 5.4%. Add costs for a net estimate.

How it compares

Plymouth5.4%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Common questions

Is Plymouth a good place to buy to let?

It is around the middle for rental income, at a 5.4% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.

Are rents rising in Plymouth?

Over the past year, average rents in Plymouth rose 5.2% and average prices rose 4.4% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in Plymouth?

Rent movement is the best free proxy for tenant demand, and average rents in Plymouth rose 5.2% over the past year (ONS), which points to tenants competing for available stock. Still ask local letting agents about typical void periods before committing to a buy-to-let there. For the size of the market: at the 2021 census, 22.6% of Plymouth's 114,557 households rented privately (18.4% social rented, 57.6% owner occupied).

What is the average rent for a 1, 2 or 3 bedroom property in Plymouth?

As of 2026-07, average monthly rents in Plymouth by property size are £703 for a 1 bedroom property, £883 for a 2 bedroom property, £1,061 for a 3 bedroom property, £1,488 for a 4 or more bedroom property (ONS). The all-size average is £1,001 a month.

How much is council tax in Plymouth?

In 2026-27, the average Band D council tax in Plymouth is £2,442 a year including police and other precepts. Bills scale with the property's band: from £1,628 for Band A up to £4,884 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. Plymouth is at 5.4%.

Weighing up Plymouth? Ask people who invest there in the free Housetrix Discord, or browse every area ranked by yield.

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.

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