marketcodeAsking rent
£1,038 a month 12 months to Jul 2026
165 lets
Postcode district
TQ3 rental market
Asking rent £1,038 a month · Gross yield 4.2% · 12 months, listings to Aug 2026
What is TQ3?
- Buildings
- 11,419
- Mixed-use buildings
- 1.3%
- HMO-shaped units
- 7.0%
What does TQ3 earn?
TQ3: asking rent £1,038 a month (12 months to Jul 2026, 165 lets).
Gross yield, asking basis
4.2% 12 months to Aug 2026
277 lets
+3.4% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
63 on 20 Sep 2026
How does TQ3 vary by home size?
Asking rent in TQ3 runs from £717 a month for 1 bedroom to £1,235 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £717 a month | 12 months to Aug 2026 | — | 87 |
| 2 bedrooms | £977 a month | 12 months to Aug 2026 | -0.2% on the previous 12 months | 122 |
| 3 bedrooms | £1,235 a month | 12 months to Aug 2026 | — | 91 |
| 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 TQ3?
Corporate landlords hold 76% of the 347 units in TQ3 whose freeholder is classified; 98% of all units are not yet classified.
- Corporate landlords76% of classified · 265 units
- Housing associations14% of classified · 48 units
- Individuals (not traceable in bulk)8.6% of classified · 30 units
- RMC1.2% of classified · 4 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 TQ3 rank?
TQ3 ranks 7th of 8 postcode districts in South Hams for asking rent, at £1,038 a month.
Asking rent · postcode districts in South Hams
TQ3 ranks 7th of 8 postcode districts in South Hams for asking rent, at £1,038 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 |
| 7 | TQ3 | £1,038 a month | 165 | measured |
Full table: asking rent across postcode districts in South Hams →
Gross yield, asking basis · postcode districts in South Hams
TQ3 ranks 4th of 8 postcode districts in South Hams for gross yield, asking basis, at 4.2%.
| # | 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 TQ3?
- South HamsThe wider market this area sits in.
- PL21Neighbouring postcode district · £4,691/m²
- PL5Neighbouring postcode district · £2,714/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
- TQ6Neighbouring postcode district · £5,021/m²
- TQ7Neighbouring postcode district · £5,190/m²
- TQ12Next door, in another authority · £3,482/m²
- TQ2Next door, in another authority · £3,427/m²
- TQ4Next door, in another authority · £3,840/m²
- TQ1Next door, in another authority · £2,640/m²
- TQ5Next door, in another authority · £4,031/m²
Questions about TQ3
- What is the average rent in TQ3?
- Homes to let in TQ3 asked a median £1,038 a month over the 12 months to Jul 2026, 165 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in TQ3?
- 4.2% 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, 277 lets. +3.4% on the previous 12 months.
Everything else about TQ3
- Properties in TQ3Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in TQ3Footprints, heights and the units inside them.
- Land and plots in TQ3Registered parcels with their area, tenure and what stands on them.
- Homes for sale in TQ3What is on the market right now, with the evidence beside each asking price.
- Homes to rent in TQ3What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in TQ3Registered completions from Price Paid, newest first.
- Planning applications in TQ3What was proposed, who decided it and whether it was approved.
- Estate agents active in TQ3Who 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 | 165 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 277 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |