St Georges Court on Cleveland Road (just off Whyke Lane) is a modern, niche development of ten apartments which have a successful track record of renting extremely well over the years to both single professionals and working couples, and in my opinion would make a safe BTL investment.
http://www.rightmove.co.uk/property-for-sale/property-38444121.html
Rental values in the block have risen by around 4% over the last three years, with sales values also on the up, from circa £150,000 for a one bedroom ground floor unit back in 2007, to around £175,000 this year - a growth of over 17%.
Void periods are also very low, with one of our landlords in the development only experiencing a total of 13 days without rent in the 5 years we have managed his property.
The above price rises, minimal voids, and the curb appeal of modern apartment living, are all big factors in what makes a successful BTL venture.
If you are considering investing in the Chichester property market, whether this be for investment or for a house to make a home, please come and speak to us first for free, impartial, and honest property advice.
http://www.rightmove.co.uk/property-for-sale/property-38444121.html
Rental values in the block have risen by around 4% over the last three years, with sales values also on the up, from circa £150,000 for a one bedroom ground floor unit back in 2007, to around £175,000 this year - a growth of over 17%.
Void periods are also very low, with one of our landlords in the development only experiencing a total of 13 days without rent in the 5 years we have managed his property.
The above price rises, minimal voids, and the curb appeal of modern apartment living, are all big factors in what makes a successful BTL venture.
If you are considering investing in the Chichester property market, whether this be for investment or for a house to make a home, please come and speak to us first for free, impartial, and honest property advice.
No comments:
Post a Comment