marketcodeAsking rent
£1,025 a month 12 months to Jul 2026
138 lets
Postcode district
PL5 rental market
Asking rent £1,025 a month · Gross yield 6.1% · 12 months, listings to Aug 2026
What is PL5?
- Buildings
- 16,683
- Mixed-use buildings
- 50%
- HMO-shaped units
- 5.0%
What does PL5 earn?
PL5: asking rent £1,025 a month (12 months to Jul 2026, 138 lets).
Gross yield, asking basis
6.1% 12 months to Aug 2026
174 lets
+5.5% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
23 on 21 Sep 2026
How does PL5 vary by home size?
Asking rent in PL5 runs from £611 a month for 1 bedroom to £1,112 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £611 a month | 12 months to Sep 2024 | — | 42 |
| 2 bedrooms | £964 a month | 12 months to Aug 2026 | +3.6% on the previous 12 months | 100 |
| 3 bedrooms | £1,112 a month | 12 months to Jul 2026 | — | 51 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns PL5?
Corporate landlords hold 86% of the 486 units in PL5 whose freeholder is classified; 98% of all units are not yet classified.
- Corporate landlords86% of classified · 420 units
- Individuals (not traceable in bulk)7.2% of classified · 35 units
- Housing associations6.2% of classified · 30 units
- RMC0.2% of classified · 1 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does PL5 rank?
PL5 ranks 8th of 8 postcode districts in South Hams for asking rent, at £1,025 a month.
Asking rent · postcode districts in South Hams
PL5 ranks 8th of 8 postcode districts in South Hams for asking rent, at £1,025 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | TQ6 | £1,604 a month | 107 | measured |
| 2 | PL8 | £1,460 a month | 44 | indicative |
| 3 | TQ9 | £1,310 a month | 151 | measured |
| 4 | TQ7 | £1,252 a month | 167 | measured |
| 5 | PL21 | £1,190 a month | 55 | indicative |
| 8 | PL5 | £1,025 a month | 138 | measured |
Full table: asking rent across postcode districts in South Hams →
Gross yield, asking basis · postcode districts in South Hams
PL5 ranks 1st of 8 postcode districts in South Hams for gross yield, asking basis, at 6.1%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | PL5 | 6.1% | 174 | measured |
| 2 | PL7 | 5.0% | 126 | measured |
| 3 | PL21 | 4.6% | 99 | measured |
| 4 | TQ3 | 4.2% | 277 | measured |
| 5 | TQ9 | 3.6% | 215 | measured |
Full table: gross yield, asking basis across postcode districts in South Hams →
Where next from PL5?
- South HamsThe wider market this area sits in.
- PL21Neighbouring postcode district · £4,691/m²
- PL7Neighbouring postcode district · £3,395/m²
- PL8Neighbouring postcode district · £5,476/m²
- TQ10Neighbouring postcode district · £7,736/m²
- TQ11Neighbouring postcode district · £4,437/m²
- TQ3Neighbouring postcode district · £3,019/m²
- TQ6Neighbouring postcode district · £5,021/m²
- TQ7Neighbouring postcode district · £5,190/m²
- PL2Next door, in another authority · £2,218/m²
- PL20Next door, in another authority · £3,787/m²
- PL3Next door, in another authority · £2,789/m²
- PL6Next door, in another authority · £3,277/m²
- PL12Next door, in another authority · £3,343/m²
- PL11Next door, in another authority · £3,503/m²
Questions about PL5
- What is the average rent in PL5?
- Homes to let in PL5 asked a median £1,025 a month over the 12 months to Jul 2026, 138 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in PL5?
- 6.1% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 174 lets. +5.5% on the previous 12 months.
Everything else about PL5
- Properties in PL5Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in PL5Footprints, heights and the units inside them.
- Land and plots in PL5Registered parcels with their area, tenure and what stands on them.
- Homes for sale in PL5What is on the market right now, with the evidence beside each asking price.
- Homes to rent in PL5What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in PL5Registered completions from Price Paid, newest first.
- Planning applications in PL5What was proposed, who decided it and whether it was approved.
- Estate agents active in PL5Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 138 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 174 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |