The South Hams property market has undergone a monumental shift opening up opportunities for any potential or existing landlords.
While national headlines often spotlight rising mortgage rates and house prices, the local rental scene in South Hams tells a very different story. At the time of writing, for every 36 homes For Sale, there is ONLY 1 home To Let. It is a staggering imbalance given the continual growth in tenant demand which is far outpacing the supply.
This shortfall in available rental homes is having a significant impact. Renters are competing harder than ever for a limited number of properties, and as a result, asking rents have risen. For landlords, this means a rare window of opportunity, greater choice of tenants and strong rental incomes.
Whether you are considering converting a holiday let to a residential let, thinking about letting a second home, or exploring a new buy-to-let investment, now could be the perfect time to act.
We understand that stepping into or expanding your role in the rental market can feel complex, especially with the ever-changing landscape of regulations and responsibilities. That’s where Luscombe Maye Lettings come in.
Our dedicated lettings teams in Totnes, Kingsbridge and Yealmpton offer local expertise and hands on support. Whether you’re a first-time landlord learning the ropes or a seasoned investor with a growing portfolio, we’re here to guide you through the process with confidence.
As a community focused agent, we’re committed not only to supporting landlords, but also to upholding high rental standards and promoting responsible tenancies. It’s about building a stronger, more sustainable housing market for the South Hams together.
There has likely never been a better moment to explore your options in the South Hams rental market. Demand is high. Supply is low. And your property could make all the difference.
Get in touch with one of our teams today, the South Hams needs more rental homes, and you could be part of the solution.
