Edward Rose Property Group, a Your Move franchise partner, has acquired an independent agency.

It’s purchased established lettings agency Devon Rose in Dawlish.

The business will continue to trade as Devon Rose during a transition period before rebranding to Your Move Edward Rose.

The acquisition sees Edward Rose Property Group take on around 560 landlords, including 360 on a fully managed service.

The business was acquired from Julie and Nick Spayne, who are retiring. Its three other staff remain in place. 

A spokesperson for Edward Rose Property Group says: “This is another exciting step for us.  

“Devon Rose has built a fantastic reputation locally, and we’re pleased to be able to continue that legacy while bringing the additional support and scale of the Your Move network”.

The is the fifth deal Edward Rose Property Group has undertaken with the support of LSL Estate Agency Franchising’s Assisted Acquisitions team.

Kate Ashley Ives, franchise director at LSL Estate Agency Franchising, adds: “This is a great example of how our Assisted Acquisitions team can support franchise partners to grow in a structured and sustainable way. 

“Edward Rose Property Group has a proven track record of successful acquisitions, and this latest move into Dawlish demonstrates both their ambition and the strength of the Your Move franchise model.”