In Totnes, the property market is telling a compelling story, one that presents an opportunity for new and existing landlords alike. While headlines often focus on high mortgage rates and soaring house prices, the rental market here paints a different, and perhaps more encouraging picture.

At the time of writing, there are roughly 36 homes ‘For Sale’ for every one listed ‘To Let’ in the local area. That stark imbalance signals a critical shortfall in rental supply, an open window for those considering a shift into residential letting.

The effects of this shortage are already being felt. Tenants are facing intense competition for available homes, which has in turn pushed rental prices upward. For landlords, this dynamic means shorter void periods, stronger tenant applications, and potentially better income. Whether you’re thinking of converting a holiday home, letting a second property, or investing in buy-to-let, now could be the perfect time to enter the market.

Of course, becoming a landlord isn't without its challenges. The regulatory landscape is constantly evolving, and managing tenancies requires care and attention. That’s where our experienced lettings team in Totnes comes in. We provide tailored advice and hands on support, whether you’re new to letting or have a portfolio.

As a community focused agency, at Luscombe Maye we believe in raising rental standards and promoting responsible letting practices. By working together, we can help ensure Totnes remains a thriving, accessible place to live, not just a postcode on the rise.

There may never have been a better moment to explore the residential lettings market. Totnes needs more rental homes, and you could be part of the solution.

To learn more, speak with our Lettings Manager, Alex Craven, on 01803 849100.