marketcodeAsking rent
£938 a month 12 months to Jul 2026
180 lets
Postcode district
TQ2 rental market
Asking rent £938 a month · Gross yield 3.7% · 12 months, listings to Aug 2026
What is TQ2?
- Buildings
- 12,171
- Mixed-use buildings
- 2.0%
- HMO-shaped units
- 4.0%
What does TQ2 earn?
TQ2: asking rent £938 a month (12 months to Jul 2026, 180 lets).
Gross yield, asking basis
3.7% 12 months to Aug 2026
339 lets
-11.3% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
82 on 20 Sep 2026
How does TQ2 vary by home size?
Asking rent in TQ2 runs from £671 a month for 1 bedroom to £1,205 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £671 a month | 12 months to Aug 2026 | -0.9% on the previous 12 months | 136 |
| 2 bedrooms | £933 a month | 12 months to Aug 2026 | -1.1% on the previous 12 months | 128 |
| 3 bedrooms | £1,205 a month | 12 months to Aug 2026 | -0.2% on the previous 12 months | 92 |
| 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 TQ2?
Corporate landlords hold 66% of the 592 units in TQ2 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords66% of classified · 393 units
- Housing associations22% of classified · 131 units
- Individuals (not traceable in bulk)8.1% of classified · 48 units
- RMC3.4% of classified · 20 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 TQ2 rank?
TQ2 ranks 4th of 4 postcode districts in Torbay for asking rent, at £938 a month.
Asking rent · postcode districts in Torbay
TQ2 ranks 4th of 4 postcode districts in Torbay for asking rent, at £938 a month.
Gross yield, asking basis · postcode districts in Torbay
TQ2 ranks 3rd of 4 postcode districts in Torbay for gross yield, asking basis, at 3.7%.
Where next from TQ2?
- TorbayThe wider market this area sits in.
- TQ1Neighbouring postcode district · £2,640/m²
- TQ4Neighbouring postcode district · £3,840/m²
- TQ5Neighbouring postcode district · £4,031/m²
- TQ12Next door, in another authority · £3,482/m²
- TQ3Next door, in another authority · £3,019/m²
- TQ14Next door, in another authority · £3,748/m²
Questions about TQ2
- What is the average rent in TQ2?
- Homes to let in TQ2 asked a median £938 a month over the 12 months to Jul 2026, 180 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in TQ2?
- 3.7% 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, 339 lets. -11.3% on the previous 12 months.
Everything else about TQ2
- Properties in TQ2Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in TQ2Footprints, heights and the units inside them.
- Land and plots in TQ2Registered parcels with their area, tenure and what stands on them.
- Homes for sale in TQ2What is on the market right now, with the evidence beside each asking price.
- Homes to rent in TQ2What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in TQ2Registered completions from Price Paid, newest first.
- Planning applications in TQ2What was proposed, who decided it and whether it was approved.
- Estate agents active in TQ2Who 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 | 180 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 339 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |