Average Rent, House Prices and Buy-to-Let Yield in Plymouth (July 2026)
The average private rent in Plymouth is £1,001 a month (ONS, July 2026) and the average house price £222,817 (HM Land Registry, June 2026): a gross yield of 5.4%, ranked 40 of 316 local authorities.
Rent in Plymouth
The average private rent across all property types is £1,001 a month (+5.2% on a year earlier). The regional median in the South West is £1,046.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £703 | £8,436 a year |
| 2 bedrooms | £883 | £10,596 a year |
| 3 bedrooms | £1,061 | £12,732 a year |
| 4+ bedrooms | £1,488 | £17,856 a year |
The bedroom ladder in Plymouth: one to two bedrooms adds 25.6% to the rent, two to three adds 20.2% and three to four-plus adds 40.2% (England-and-Wales medians 27.3%, 20.9% and 40.9%). The biggest step here is three to four or more bedrooms — the size where an extra room earns most, and the first place to look when comparing a conversion against its cost.
House prices in Plymouth
The average price paid is £222,817 (+4.4% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £417,088 |
| Semi-detached | £274,218 |
| Terraced | £228,446 |
| Flat | £133,688 |
Rents and prices moved together in Plymouth — +5.2% and +4.4% over the year — so the gross yield on offer is roughly where it was twelve months ago. Plymouth ranks 104th of 316 local authorities for rent growth and 103rd of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in Plymouth
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £883 | £133,688 | 7.9% | 7.5% |
| Terraced house | £1,061 | £228,446 | 5.6% | 5.7% |
| Semi-detached | £1,061 | £274,218 | 4.6% | 4.6% |
| Detached | £1,488 | £417,088 | 4.3% | 4.1% |
On these pairings the strongest gross yield in Plymouth is on flats at 7.9%, against an England-and-Wales median of 7.5% for that type; the weakest is detached. Gross figures ignore service charges, which usually make flats the thinnest net yield of the four.
What that means for a landlord
- Gross yield 5.4% (rent × 12 ÷ price) — rank 40 of 316 local authorities; the regional median is 4.1%. Net yield is lower once mortgage interest, insurance, maintenance and voids come off.
- Tenant affordability: referencing at 30× means a household income of about £30,030 a year for the average rent.
- EPC before 2030: 38% of EPCs lodged in Plymouth over the last year were below band C — the level a rented home needs by 1 October 2030 — with 33% at D (EPC ratings in Plymouth).
- Council tax: Band D in Plymouth is £2,442 for 2026/27, and the council charges a 100% second-home premium (council tax in Plymouth).
Lender maths on the averages. At a 5.5% stress rate and 145% rent cover — the common buy-to-let convention — the average rent of £1,001 supports a loan of about £150,621, which is 67.6% of the average price. That falls short of 75% loan-to-value, so a buyer of an average home here needs a larger deposit or a stronger rent to pass the stress test. Both numbers are conventions rather than rules — change them in the stress test.
Run the numbers for Plymouth
- Yield calculator with £222,817 and £1,001 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £1,001 a month
- Rental income tax on £12,012 a year of rent
Nearest neighbours by yield, in the South West
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| Exeter | £1,320 | £280,982 | 5.6% | +1.3% |
| Bath and North East Somerset | £1,881 | £404,480 | 5.6% | +7.4% |
| Gloucester | £1,112 | £240,887 | 5.5% | +7.4% |
| Bournemouth, Christchurch and Poole | £1,399 | £312,162 | 5.4% | +3% |
| South Gloucestershire | £1,456 | £340,300 | 5.1% | +4.5% |
| Swindon | £1,090 | £265,666 | 4.9% | +3.8% |
All 316 areas ranked · council tax in Plymouth · EPC ratings in Plymouth.
Rents: ONS, Price Index of Private Rents (average monthly private rent by local authority, July 2026). Prices: HM Land Registry UK House Price Index (average price, June 2026). Gross yield = rent × 12 ÷ price, our calculation. Contains public sector information licensed under the Open Government Licence v3.0; contains HM Land Registry data © Crown copyright and database right 2026. Rankings and medians are ours, across 316 local authorities.
Asked about this area
£1,001 a month across all property types (ONS Price Index of Private Rents, July 2026), up 5.2% on a year earlier.
£222,817 (HM Land Registry UK House Price Index, June 2026).
About 5.4% gross on the averages — £1,001 rent against a £222,817 price — ranking 40 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 7.9% gross (£883 rent on a £133,688 price), against an England-and-Wales median of 7.5% for that type.
Rents +5.2% against prices +4.4% over the year — moving together, so yield is broadly stable.
Referencing at 30 times the monthly rent points to roughly £30,030 a year of household income for the average home; the affordability calculator shows 24× and 36× too.