Rental yields›West Devon
Rental yield in West Devon
West 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 West Devon fell 0.7% and average rents rose 2.1%.
Gross yield
3.5%
Average price
£286,145
↓ -0.7% / yr
Average rent
£840/mo
↑ +2.1% / yr
National rank
#291 of 316
Who rents here
Census 2021, 24,818 households
18.2% of homes in West Devon are private rentals.
Average rent by size
1 bedroom
£598/mo
↑ +2.2% / yr
2 bedrooms
£766/mo
↑ +2.2% / yr
3 bedrooms
£945/mo
↑ +2.2% / yr
4+ bedrooms
£1,341/mo
↑ +1.3% / yr
Average advertised rent by number of bedrooms. ONS Price Index of Private Rents (2026-07).
Council tax bands (2026-27)
Band A
£1,803
Band B
£2,104
Band C
£2,404
Band D
£2,705
Band E
£3,306
Band F
£3,907
Band G
£4,508
Band H
£5,410
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 West Devon average. Change them for a real property.
That is right on the West Devon average of 3.5%. Add costs for a net estimate.
How it compares
Areas with a similar yield
Common questions
Is West Devon a good place to buy to let?
It is around the middle for rental income, at a 3.5% average gross yield. Whether it works depends on the specific property, so always run the actual numbers.
Are rents rising in West Devon?
Over the past year, average rents in West Devon rose 2.1% and average prices fell 0.7% (HM Land Registry and ONS, to 2026-07).
Is there rental demand in West Devon?
Rent movement is the best free proxy for tenant demand, and average rents in West Devon rose 2.1% 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, 18.2% of West Devon's 24,818 households rented privately (10.1% social rented, 71% owner occupied).
What is the average rent for a 1, 2 or 3 bedroom property in West Devon?
As of 2026-07, average monthly rents in West Devon by property size are £598 for a 1 bedroom property, £766 for a 2 bedroom property, £945 for a 3 bedroom property, £1,341 for a 4 or more bedroom property (ONS). The all-size average is £840 a month.
How much is council tax in West Devon?
In 2026-27, the average Band D council tax in West Devon is £2,705 a year including police and other precepts. Bills scale with the property's band: from £1,803 for Band A up to £5,410 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. West Devon is at 3.5%.
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.