Following Brexit and an unsettled sales market I am pleased to say that the adverse is true of the rental property market, in fact in our Bideford Office, July & August have been particularly busy and September was the best ever financial month for rentals. October and November are also proving to be very busy.
We have a large number of applicants looking for rental property but not enough property available to meet this demand.
We need more Landlords and rental property.
One thing is certain; In this shaky market, investing in buy-to-let property is still an attractive option over savings and with some of the best interest rates ever and high rental yields, there is still a very good reason to invest in property.
For example we have just sold a spacious 4 Bedroom, two reception, mid-terrace property house in the Old Town of Bideford for £144,950.00. This property has an estimated rental income of £725pcm which would result in a yield/return of 6%.
Another property ideal for the rental market is a fully refurbished and well-presented two bedroom, two reception room mid-terrace cottage, situated in a convenient location close to Bideford town centre.
On the market now for £129,950.00 with a rental estimate of £550pcm which would result in a yield/return of 5.36%
Webbers Lettings and Property Management team provide honest, informed and reliable advice that you can trust. Established in 1924 we have evolved to become one of the market leaders within the property market throughout the South West.
If you are planning on investing in property, or just want to know more, please contact me to discuss your property management or investment buying requirements or ask to speak to Adam Gregory our in-house independent financial advisor from Together Financial Solutions.
feel free to call, without obligation and always in the very strictest of
confidence. Please call 01237 472344 or email me on firstname.lastname@example.org