Average Rent, House Prices and Buy-to-Let Yield in Torbay (July 2026)
The average private rent in Torbay is £917 a month (ONS, July 2026) and the average house price £223,577 (HM Land Registry, June 2026): a gross yield of 4.9%, ranked 93 of 316 local authorities.
Rent in Torbay
The average private rent across all property types is £917 a month (+4.4% on a year earlier). The regional median in the South West is £1,046.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £617 | £7,404 a year |
| 2 bedrooms | £814 | £9,768 a year |
| 3 bedrooms | £993 | £11,916 a year |
| 4+ bedrooms | £1,291 | £15,492 a year |
The bedroom ladder in Torbay: one to two bedrooms adds 31.9% to the rent, two to three adds 22% and three to four-plus adds 30% (England-and-Wales medians 27.3%, 20.9% and 40.9%). The biggest step here is one to two 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 Torbay
The average price paid is £223,577 (-0.9% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £421,228 |
| Semi-detached | £273,729 |
| Terraced | £214,572 |
| Flat | £137,428 |
Rents are outrunning prices in Torbay. Rents moved +4.4% over the year against −0.9% for prices — a gap of 5.3 points that lifts the gross yield a buyer sees today. Torbay ranks 137th of 316 local authorities for rent growth and 272nd of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in Torbay
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £814 | £137,428 | 7.1% | 7.5% |
| Terraced house | £993 | £214,572 | 5.6% | 5.7% |
| Semi-detached | £993 | £273,729 | 4.4% | 4.6% |
| Detached | £1,291 | £421,228 | 3.7% | 4.1% |
On these pairings the strongest gross yield in Torbay is on flats at 7.1%, 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 4.9% (rent × 12 ÷ price) — rank 93 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 £27,510 a year for the average rent.
- EPC before 2030: 46% of EPCs lodged in Torbay over the last year were below band C — the level a rented home needs by 1 October 2030 — with 37% at D (EPC ratings in Torbay).
- Council tax: Band D in Torbay is £2,470 for 2026/27, and the council charges a 100% second-home premium (council tax in Torbay).
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 £917 supports a loan of about £137,981, which is 61.7% 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 Torbay
- Yield calculator with £223,577 and £917 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £917 a month
- Rental income tax on £11,004 a year of rent
Nearest neighbours by yield, in the South West
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| 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% |
| Cheltenham | £1,259 | £325,399 | 4.6% | +4.3% |
| North Somerset | £1,205 | £314,628 | 4.6% | +3.4% |
| Cornwall | £1,004 | £277,801 | 4.3% | +3.3% |
All 316 areas ranked · council tax in Torbay · EPC ratings in Torbay.
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
£917 a month across all property types (ONS Price Index of Private Rents, July 2026), up 4.4% on a year earlier.
£223,577 (HM Land Registry UK House Price Index, June 2026).
About 4.9% gross on the averages — £917 rent against a £223,577 price — ranking 93 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 7.1% gross (£814 rent on a £137,428 price), against an England-and-Wales median of 7.5% for that type.
Rents +4.4% against prices −0.9% over the year — rents ahead, so yield is rising for a buyer today.
Referencing at 30 times the monthly rent points to roughly £27,510 a year of household income for the average home; the affordability calculator shows 24× and 36× too.