It has never been a better time to purchase a buy-to-let property in the North West. Rental demand is up 19% compared to last year, while the total stock of rental property is down 13%.
Figures for the Northwest in the summer show an increase of 4.2% with average monthly rental rate and we estimate this being around 9% in the last 18 months. We have had a busy summer season with all of our properties listed being rented within an average of 7 days.
Here at TVG Lettings we keep a close eye on the rental market, ensuring we are achieving the best possible rental returns for our clients.
The market has been extremely busy for a number of reasons such as tenants moving back to the area, searching for additional rooms as a study to work from home and the pandemic giving people a different perspective on where they wish to live.
We are always happy to assist landlords with their buy to let investments, giving desktop rental appraisals before clients even view a potential purchase so they have all their required information before making an offer.
We only want you to buy investments that will work for you in the long term and have assisted multiple clients in buying one investment right through to large portfolios.
We offer competitive management packages, provide you with a dedicated property manager and pride ourself in giving a personable service to all clients.
Please call our fantastic team on 0151 640 0340 and we will be delighted to answer any questions.
