Buying a rental property and what’s the latest on rental prices
As we know the housing market is very busy at the moment with the number of potential buyers at a record high but what does this mean to the rental market? It is buoyant!!
We are seeing huge demand for rental properties, why? Because we are seeing a huge number of people relocating to our area from the cities. With Newbury and surrounding areas proving very popular due to our fantastic travel links and excellent schools, properties that boast a garden, outdoor space or surrounding green areas draw them in.
Rental prices continue to stay strong so this is prime time to invest in a buy-to-let. One of the greatest advantages of being a buy-to-let investor is that you can earn an income two different ways. One way is through the rent paid and the other is through capital growth allowing you to profit yet again at the time of sale or it is a great platform for retirement income.
So if you are thinking of buying a buy-to-let property but unsure, please do get in touch. We are more than happy to talk through with you how to go about it in more detail, outline the benefits Vs. risks, what the returns could be, and what expenses you may incur.
We can help you find that perfect property and manage the whole process for you, from finding the tenant to on going management.