RISING DEMAND FOR RENTALS

The South Hams property market is quietly making a compelling case for landlords, both current and aspiring. While national headlines often highlight soaring mortgage rates and unaffordable property prices, the local rental market tells a different story - one of rising demand and limited supply. This imbalance is creating an opportunity that landlords would be wise not to overlook.

- Andrew Stevenson BA (Hons), director, Luscombe Maye

Right now, for every one property listed To Let in the South Hams, there are around 20 listed For Sale. This striking imbalance is more than just a statistic, it is a signal.

With such strong tenant demand and so few rental homes available, conditions are highly favourable for those considering entering, reentering, or expanding into the residential lettings market. In many cases, well-presented rental homes are attracting multiple enquiries within days of being advertised, and landlords are finding that void periods between tenancies are shorter than ever.