EX2Teignbridge

Central Exeter & Teignbridge

Central Exeter & Teignbridge investment guide. Average gross yield 4.6%, landlord's market rental demand.

4.6%avg gross yield

£307kavg sold price (703 sales, 12mo)

Landlord's marketrental demand

Article 4: No· Permitted development applies

Last updated May 2026

Average Gross Yield

4.6%

+4.6% vs Teignbridge avg (0.0%)

Average Asking Price

£306,555

high confidence (703 sales)

Est. Monthly Rent

£1,283

2-bed · 3-bed £1,490 · 5.7% yield

Price Per Sq Ft

£343

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in EX2

1-bed

£949

per month

5.2% yield

2-bed

£1,283

per month

5.7% yield

3-bed

£1,490

per month

5.4% yield

4-bed

£1,875

per month

5.3% yield

Ownership mix

EX2 vs UK average · 26,426 dwellings · Source: ONS Census 2021

Distinct tenure mix: 23% privately rented (btl) (3pp higher than the UK average of 20%).

Owned outrightNo mortgage on the property

34.0%(UK 32.9%)

+1.1pp vs UK

Owned with mortgageIncluding shared ownership

28.0%(UK 29.7%)

-1.7pp vs UK

Privately rented (BTL)Private landlord or letting agent

23.1%(UK 20.3%)

+2.8pp vs UK

Socially rentedCouncil or housing association

14.9%(UK 17.1%)

-2.2pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in EX2

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	5.9%	£278,796	£1,375
Semi-detached →	5.5%	£328,580	£1,516
Detached →	4.1%	£458,022	£1,554
Flat →	8.2%	£187,600	£1,288

Explore by strategy

Live data for each property type across Teignbridge.

HMO Terraced Semi-detached Detached Flats Student lets New build Strategy primers →

About Central Exeter & Teignbridge (EX2, Teignbridge)

EX2 attracts property investors seeking solid rental yields in a university city with consistent demand. The 4.6% gross yield, combined with affordable entry prices averaging £306,555, offers reasonable cash-on-cash returns relative to South West property markets.

The tenant mix is predominantly young professionals and students, with strong rental demand across all property sizes. Two-bedroom properties perform best at 5.7% yield, though three and four-bedroom homes also command competitive rents, suggesting mixed-use investment potential beyond student lettings.

Investors should monitor university enrolment trends and local economic diversification, as the area's rental demand remains partially tied to education sector stability. Additionally, consider the competitive lettings market—landlord conditions exist now, but this can shift with supply changes or demographic fluctuations.

Sold Price Trend - EX2

Average sold price, last 8 quarters

-7.1% over 2 years

Flip Activity - EX2

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+24.9%

after HPI adjust

Median hold

12 mo

Flip rate

0.3%

of all sales

Recent case studies

high street

Terraced

Bought Feb 25

£198k

Sold Mar 26

£246k

14 mo+24.6%

mercer court

Terraced

Bought Dec 24

£234k

Sold Dec 25

£290k

12 mo+26.2%*

Gross 23.9%

attwyll avenue

Semi

Bought Oct 23

£238k

Sold Mar 25

£305k

17 mo+27.1%*

Gross 28.2%

west grove road

Terraced

Bought Oct 23

£338k

Sold Sept 24

£419k

10 mo+24.9%*

friars walk

Flat

Bought Sept 23

£133k

Sold May 24

£150k

8 mo+19.4%*

Gross 13.2%

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - EX2

Restrictions that affect HMO and buy-to-let investors in this postcode district

✓

Article 4 Direction (HMO)Not in effect

HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.

✓

Selective LicensingNot in effect

✓

Additional HMO LicensingNot in effect

No Article 4 directions in this LPA. Selective/additional licensing not yet verified.

Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.

Nearby Postcodes

Adjacent areas with comparable investment profiles

EX45.0%

Exeter Commuter & Student Zone

Teignbridge

View area guide

TQ14.7%

Teignmouth & Newton Abbot Corridor

Teignbridge

View area guide

TQ23.5%

Teignmouth & Shaldon Villages

Teignbridge

View area guide

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