One of our new clients has just purchased a house to let in a small village not far from our Stanstead Abbotts office, when she approached us to market the property her initial concerns were that the property may be too far away from a train station to be of much interest to Tenants but she had brought it with a long term view of capital growth and the rise in resale value that this would provide. It didn't take long to persuade her that not all tenants want to live near a station or Town centre and that she had brought a perfect property for the purpose she had intended.
With renting a property now considered the norm for many individuals and family's alike it is not the case that all renters want a one or two bedroom apartment, near to a main line station and close to a high street for shops and evening entertainment although these are certainly aspects that a lot of people want. Many more rural locations are very much in demand and country cottages are always a sought after item.
With "Buy to Let" the bottom line should always be the determining factor for your purchase, how much will be your total investment, what wil the "Yield" return and will capital growth perform as expected. Certainly the old adage of location, location ,location plays a big part in the capital growth but it may be that the other two factors are equally or more important to you as an investor.
If you are looking to invest in "Buy to Let" and would like some advise feel free to pop into our High Street office for a chat, especially if you already have a property in mind, we will be glad to help.
"Your local lettings experts, our advice is free but our knowledge is priceless"
I have been in and around the Hertfordshire property market for over 25 years, starting as an estate agent in the county town of Hertford and now running a successful lettings and property management company based in Stanstead Abbotts. I have let and managed property all over Hertfordshire from the area that I currently work to Wheathampstead where I owned and managed a lettings & estate agents to Watford and surrounding areas where my company acted as a marketing agent for one of the largest property management companies in the country”
Adrian Fallart - Director - Property File
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