Hi ,
Did you know that it takes an average of 8-9 days for a landlord to let a property? The UK rental market continues to experience high demand for rentals as more people have a strong desire to move during the pandemic.
As lockdown restrictions also continue to ease, demand in central locations has surged. Rental market reports have seen an increase in demand around the commuter belt and well-connected towns.
With increased demand comes an increase in rental prices. Just this year, rental prices went up by 5.9%! Some cities even hit double-digit figures.
These statistics are definitely good news… If only you could find the right property to let!
Finding The Best Buy-to-Let Deals
When it comes to choosing the best Buy-To-Let property, our best tip is to focus on your RESEARCH. By research, we mean getting actual numbers on property prices, rental yields, rental demand, and even saleability.
You can do this manually by checking the actual sites, speaking to lots of local estate agents, and creating a spreadsheet of your gathered data. The whole process may take about 3-6 months, including actually closing the deal. That’s about 10-30 times longer than finding a tenant!
What if we told you we could find all this information and more in just a few minutes?
Let's Make Your Property Hunt Easy
Ever wondered where property investors find the best-performing properties in the UK! We’ll let you in another secret -- Property Heat Maps!
We've created an interactive map to help you visualize and identify the hottest real estate markets in the UK to invest in.
IDENTIFY YIELD HOTSPOTS
If your primary goal is to let a property, one crucial factor you’ll have to know is the average yield in the area. With our map, you can narrow your search to the regions with the highest yields.
In general, the average yield in the UK is at 3.63%. But with Property Heat Maps, you'll find areas with yields of up to 10%.
DETERMINE AVERAGE RENTAL PRICES
Wouldn’t it be great if you’d get a clear view of the average rental values across the UK in just a click? With this tool, you can easily hover over the map and get details on average rent, the number of properties, and the lowest and highest rental prices.
You can also compare the data by area, region, number of bedrooms, and property types!
FIND OUT ASKING PRICES
Of course, you need to know the property prices, especially when you’re on a tight budget. You want to make sure the property you’re investing in is worth it.
With Property Heat Maps, it’s easy to keep tabs on asking prices and drill down your research in the regions you like.
The best part? You can click on a property and generate a custom valuation report for that property and get a more detailed breakdown.
If you have any questions or feedback please reach out to us via email - [email protected] or give us a call 02033898222.
Thanks again!
|
|
