The Market
Why Devon is One of the World's Premier STR Markets
Devon is the only English county with two separate coastlines and two national parks, and that geography is the whole commercial argument. The north coast at Woolacombe and Croyde runs Atlantic surf and big skies; the south coast from Salcombe through Dartmouth to Sidmouth runs sheltered estuaries, sailing and the western end of the Jurassic Coast, which begins at Orcombe Point in Exmouth. Dartmoor and Exmoor sit behind both, and in May 2025 the Supreme Court confirmed that the public right of access over the Dartmoor commons includes wild camping — the only place in England where that right exists. What has changed for owners is money rather than licensing. England's national short-term-let register is still not live in mid-2026 and the C5 use class has not been laid before Parliament, so there is no Devon letting licence to hold. What did land, all in the same spring, was the abolition of the Furnished Holiday Lettings tax regime on 6 April 2025 and a 100% council tax premium on second homes from 1 April 2025 across the county's holiday districts — South Hams voted for it in February 2024, North Devon and Torridge applied it on the same date. Devon in 2026 rewards owners who run a genuine, well-marketed business and quietly punishes everyone still treating a cottage as a lightly-let second home.
Devon runs two distinct rental markets that happen to share a county boundary. The north — Woolacombe, Croyde, Ilfracombe, Lynmouth and the Exmoor edge — is a surf and family market with a fierce August peak, a genuine year-round surf audience most owners ignore, and lower entry prices than the south. The south — Salcombe, Dartmouth, Bigbury, Torbay and the East Devon coast at Sidmouth and Budleigh — is older money, sailing weeks, estuary views and some of the highest second-home concentrations in England, with rates to match and a longer, gentler season. Inland, Dartmoor and the Exe valley trade on walking, riding, dark skies and dog holidays, and Exeter adds a small but reliable city market on business, university and cathedral traffic. Blended nightly rates sit near £172 with occupancy around 55% across a very large listing base, and as in Cornwall the average conceals a wide gap: an estuary house in Salcombe with a mooring story and a north Devon bungalow ten minutes from the sand are not the same business. Country inns, coaching houses and farm B&Bs are a serious part of the supply and compete for exactly the same guests.
Top Attractions & Landmarks
- Dartmoor National Park
- Exmoor National Park and the Valley of Rocks
- The Jurassic Coast from Orcombe Point, Exmouth
- Salcombe and the Kingsbridge Estuary
- Woolacombe and Croyde beaches
- Burgh Island and its sea tractor
- Exeter Cathedral
Nearby Markets: Cornwall | Bath | Brighton