Average Rents of £1,104 PCM in the Ware Region

 www.hunters.com

Over the last 12 months, the average rent achieved for properties let in Ware Region was £1,104 per month. 

Rental market:

According to ONS average rental values across the UK rose by 1.4% in the year to February 2021. Rents in the UK excluding London increased by 1.7% in the year to February 2021. In our own Ware Region local market the average rent is now £1,104 per calendar month.

In addition, according to the RICS March survey, tenant demand is increasing, as the latest net balance rose to +36%, up from +26%. Landlord instructions however continue to fall according to a net balance of -25% of contributors and we are seeing this confirmed in our own market place with a definite dwindling of properties available To Let at any one time and so this is a good time to invest in the Buy To Let market locally.  

"The average age of tenants over last 12 months in the Ware Region is 35"

The UK economy is predicted to grow by 4% over 2021 and 7.3% over 2022, set to recover to pre-pandemic levels by mid-2022. The latest forecast by the Office for Budget responsibility now expects a faster and more sustained economic recovery than forecast in November The government has announced that the furlough scheme will be extended until the end of September,. The scheme has supported over 11 million jobs since March 2020. Those in self-employment will also be entitled to further grant assistance.

*source Dataloft

 

"Your local property 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”

Buy To Let - River Meads, Stanstead Abbotts

 www.hunters.com

Great Buy To Let opportunity in River Meads, Stanstead Abbotts, Hertfordshire. First floor, Two Bedroom Apartment with fitted Kitchen and Bathroom with white suite. 

Coming to market at £269,995 The property is ready to let at a monthly rent of £1000 per calendar month providing a Yield of over 4%  This is a great location, close to St Margarets station and the High Street, so void periods are always low due to high demand in the area.

As an added bonus the vendor is selling with the lease to be extended so you an be assured of good returns and with renting for the mid to long term you and can take advantage of good capital growth. 

For further details or to arrange a viewing please give us a call or click the link below.

Click Here - River Meads, Stanstead Abbotts

 "Your local property 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”