A complete guide to property investment in Plymouth.
Last updated: 18 September 2025
Plymouth stands out for its strong rental market, with a high proportion of private rented homes and a large student population in the 89th percentile nationally. The city offers a relatively affordable entry point for investors, as shown by the price-to-income ratio of 4.4 and median price per square foot of £248 per sq ft. Rental yields are especially attractive, with the average at 6.5% and the top postcode district reaching 8.1%. The current median asking sale price of a 3-bedroom house is £260,000, while a 2-bedroom flat is at £160,000.
Liquidity is healthy, with properties spending an average of 35 days on the market and annual sales at 3,500. Achieved prices are close to asking, with a modest £1,000 (the typical achieved discount) discount, suggesting steady demand.
Median price per sq ft
£248 / sq ft
Average rental yield
6.5%
Capital growth (1y)
1.0%
Sales in past year
3,500
* Property stats calculated for last full calendar year (2024).
Live prices in Plymouth, South West
* Extreme prices clipped for legibility
Median price
£250,000
25% of properties below...
£180,000
75% of properties below...
£350,000
Most expensive property
£6,950,000
Live listings
1,575
Median days on market
35
Expect Plymouth to remain a solid choice for investors seeking reliable rental income, given the strong rental yields of 6.5% and ongoing demand from students and young adults. Price growth has been steady, with capital growth over 1 year at 1.0% and over 3 years at 14.2%, equating to annualised growth of 4.5%. This suggests a market that is not overheated but has shown consistent performance.
With asking rents for a 3-bedroom house at £1,188 and for a 2-bedroom flat at £900, income prospects look positive. Liquidity remains healthy, so investors should be able to transact efficiently. While there are some structural risks due to the city's demographic mix, the fundamentals point to stable returns over the next year.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in Plymouth, South West
£110,000 - Guide Price
2 bedroom maisonette for sale
Milehouse Road, Plymouth. A really ...
£110,000 - Guide Price
2 bedroom apartment for sale
King Street, Plymouth, Devon, PL1
£30,000 - Offers in Excess of
1 bedroom flat for sale
Central Park Avenue, Plymouth, Devo...
£225,000 - Guide Price
4 bedroom terraced house for sale
Pearson Avenue, Plymouth, Devon, PL...
£1,750,000
6 bedroom detached house for sale
Mannamead, Plymouth, Devon
£375,000
8 bedroom terraced house for sale
North Road East, Plymouth. 8 bed ST...
£350,000
3 bedroom bungalow for sale
Elburton Road, Plymouth, Devon
£110,000 - Guide Price
1 bedroom flat for sale
Bayswater Road, Plymouth, Devon, PL...
Buyers should not expect big bargains — discounts are marginal.
• Median discount: £1,000
• 1 in 4 properties sell at > £7,500 below asking
• 1 in 10 properties sell at > £12,000 below asking
In percentage terms:
• Median discount of 0.4%
• 25% of properties discounted by > 2.9%
• 10% of properties discounted by > 4.6%
Top postcodes for rental yield and (annualised) capital growth
GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:
HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.
Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.
Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.
GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.
Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.
HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.
Data is updated continuously, matched across sources and rigorously validated.