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Are you charging the right rent? How to review your property’s rental value in 2025

The rental market has continued to shift throughout 2025, and landlords in Falmouth, Penryn, Truro, Helston and St Austell may be wondering whether they’re charging the right rent. At Lang Llewellyn & Co., we regularly support landlords with rent reviews, helping them balance profitability with tenant satisfaction.

Why reviewing rent matters

Setting the right rent ensures you maximise returns without deterring good tenants. Too high, and you risk voids. Too low, and you may miss out on income. A regular review, ideally once a year, helps keep your property aligned with market conditions.

Factors to consider when reviewing rent

  • Local market trends – Research what similar properties in Falmouth, Penryn, Truro, Helston and St Austell are renting for.
  • Property condition – Well-maintained homes with modern features can command higher rents.
  • Tenant demand – In areas with high demand, landlords may find scope for modest increases.
  • Running costs – Rising insurance, maintenance, or mortgage costs may justify a rent adjustment.

How to implement a rent review

1. Check your tenancy agreement – Some agreements include specific clauses about rent reviews.

2. Give proper notice – For assured shorthold tenancies, at least one month’s written notice is usually required.

3. Be transparent – Explain the reasons behind any increase. Tenants are more accepting when they understand the logic.

Striking the balance

While higher rents may seem appealing, tenant retention should also guide your decision. A small increase that keeps a reliable tenant is often more profitable than risking a void with a large jump.

Using professional support

At Lang Llewellyn & Co., we carry out detailed rental valuations for landlords in Falmouth, Penryn, Truro, Helston and St Austell. This includes comparing local listings, assessing property condition, and providing tailored advice. With accurate information, landlords can confidently set rents that reflect true value in the final quarter of 2025.

The right rent isn’t just a number. It’s a balance of market knowledge, tenant care, and long-term planning.

Rhiannon Llewellyn

Rhiannon Llewellyn is the co-owner and founder of Lang Llewellyn, a Cornwall-based estate agency dedicated to expert sales, lettings and property management. Holding a Level 4 qualification in Residential Property Management, Rhiannon combines deep industry knowledge with a commitment to outstanding service. She takes pride in helping landlords and tenants navigate the local property market with confidence, offering a professional yet personal approach to every client relationship.

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