Skip to main content

Buy-to-let in North Devon

Yields, prices, demand and local risks for North Devon, covering Barnstaple, Braunton, Ilfracombe and 1 more ranked towns.

Gross rental yields across North Devon are 4.7% on terraced houses and 3.9% on semi-detached houses, depending on the kind of home each town's prices point to. Entry prices across its 4 ranked towns run from £207,000 to £312,500. Prices across North Devon moved +1.2% over the last year and +35.4% over ten years.

North Devon in figures

Gross rental yield
3.9% to 4.7%
By kind of home, across North Devon
Entry price, across its towns
£207,000 to £312,500
The cheapest postcode district's median sale
Price move, 12 months
+1.2%
UK House Price Index, across North Devon
Price move, 10 years
+35.4%
UK House Price Index, across North Devon
Population
101,281
North Devon, +3.8% growth
  • Terraced houses across North Devon let for £860/mo against a median sale of £220,000 there: 4.7% gross before costs, on ONS rents and sold prices for the whole authority.
  • ONS puts the median rent across the whole local authority at £846/mo, which is the figure to check an asking rent against.
  • Prices across North Devon rose 1.2% over the last year on the mix-adjusted UK HPI, which is measured for the whole local authority.
  • Prices +35% over ten years (North Devon)
  • Agriculture, forestry and fishing: 7.1% of jobs against 1.4% across Great Britain (North Devon)
  • £11,990 stamp duty with the 5% surcharge on a £207,000 buy-to-let
  • 416 homes added across North Devon
  • Band D £2,642 (North Devon)
  • 1.2% long-term empty across North Devon
  • +21% five-year forecast for South West as a whole (Savills), not this area

These figures are from Clarity's monthly ranking dataset, one method across every place so they compare. The North Devon report measures the area in more depth over its own twelve months, so its figures are the ones to quote.

What sits behind the figures

Prices across North Devon moved +35.4% over ten years on the UK House Price Index.

Agriculture, forestry and fishing is 7.1% of employee jobs in North Devon, against 1.4% across Great Britain (3,000 jobs in 2015, 3,500 in 2024). Where one industry carries that much of a local economy, rents and prices tend to move with it. Employee jobs across North Devon moved +8.9% from 2015 to 2024 (ONS Business Register and Employment Survey).

48% of the energy performance certificates lodged across Barnstaple's postcode districts are below band C (19,189 certificates). Clarity measures areas rather than individual homes, so this is the share of the local stock likely to need energy-efficiency work before it meets a band C standard, not a survey of any one property.

A buy-to-let at £207,000 pays £11,990 in Stamp Duty Land Tax, including the 5% surcharge on additional homes.

The five-year forecast quoted above (Savills, South West) is a regional figure for South West as a whole, not a forecast for North Devon, and Clarity does not rank on it.

Towns in North Devon

Ranked towns covered by the North Devon report
TownEntry priceGross yieldTenant demand
Barnstaple£207,0004.7%terraced houses6/10
Braunton£312,5003.9%semi-detached houses6.9/10
Ilfracombe£212,5004.7%terraced houses6.9/10
South Molton£220,0004.7%terraced houses5.9/10

Each yield is North Devon's, for the kind of home that town's prices point to, and the year's price move is measured across North Devon as a whole, so towns pointing to the same kind of home share a yield.

The North Devon report

The full report measures North Devon from its own sales: sold prices and rents for each type of home, the year's price move, crime per resident and worker, flood risk, planning designations, housing delivery and regeneration funding, with a worked buy-to-let deal on your own budget. This edition was built in October 2026.

Read the cover of the North Devon report, free, with its headline figures, before you decide.

You own this report

The latest Clarity PDF report for North Devon, monthly rebuilds included.

Owned

Read a full Liverpool report, free to see everything a report contains.

Compare it with everywhere else

The investment map ranks North Devon against every other place we cover, on your own budget and strategy. Questions about the figures or about us are answered here.

Sources and further reading

Free, no account needed

See what you can afford

Find areas