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Rental yieldsTorbay

Rental yield in Torbay

Torbay 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 Torbay fell 0.9% and average rents rose 4.4%.

Gross yield

4.9%

Average price

£223,577

-0.9% / yr

Average rent

£917/mo

+4.4% / yr

National rank

#91 of 316

Who rents here

Census 2021, 62,992 households

26.6% of homes in Torbay are private rentals.

Private rented 26.6%Social rented 8.3%Owner occupied 64.1%

Average rent by size

1 bedroom

£617/mo

+4.5% / yr

2 bedrooms

£814/mo

+4.4% / yr

3 bedrooms

£993/mo

+4.6% / yr

4+ bedrooms

£1,291/mo

+3.9% / yr

1 bed£617
2 beds£814
3 beds£993
4+ beds£1,291

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

Council tax bands (2026-27)

Band A

£1,647

Band B

£1,921

Band C

£2,196

Band D

£2,470

Band E

£3,019

Band F

£3,568

Band G

£4,117

Band H

£4,940

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 Torbay average. Change them for a real property.

Gross yield4.9%

That is right on the Torbay average of 4.9%. Add costs for a net estimate.

How it compares

Torbay4.9%
Highest (Newcastle upon Tyne)6.9%
Typical (median)4.4%
Lowest (Derbyshire Dales)2.8%

Areas with a similar yield

Common questions

Is Torbay a good place to buy to let?

It is around the middle for rental income, at a 4.9% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.

Are rents rising in Torbay?

Over the past year, average rents in Torbay rose 4.4% and average prices fell 0.9% (HM Land Registry and ONS, to 2026-07).

Is there rental demand in Torbay?

Rent movement is the best free proxy for tenant demand, and average rents in Torbay rose 4.4% 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, 26.6% of Torbay's 62,992 households rented privately (8.3% social rented, 64.1% owner occupied).

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

As of 2026-07, average monthly rents in Torbay by property size are £617 for a 1 bedroom property, £814 for a 2 bedroom property, £993 for a 3 bedroom property, £1,291 for a 4 or more bedroom property (ONS). The all-size average is £917 a month.

How much is council tax in Torbay?

In 2026-27, the average Band D council tax in Torbay is £2,470 a year including police and other precepts. Bills scale with the property's band: from £1,647 for Band A up to £4,940 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. Torbay is at 4.9%.

Weighing up Torbay? 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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