INVESTORS – COME TO DORSET – NOW IS THE TIME TO BUY!
The rental market in Dorset continues to boom with extremely high demand for all types of properties, from one bedroom flats to 3 & 4 bedroom houses and everything in between.
Good schools and high employment levels, not to mention the beautiful countryside and fabulous seaside mean that Dorset is a very desirable place to live. There is a huge demand for rental properties from both local people and people looking to move in to the area who want to ‘try before they buy’ or who are here on fixed term work contracts.
At The Letting Agent we LET properties, we do not sell properties. We are one of the few agents who still specialise only in Lettings. This means we are able to offer completely unbiased and independent advice when it comes to Buy To Let purchases. We have extensive experience in this field as well as outstanding local knowledge and are happy to help you evaluate sales details from any estate agent, advising you on a property’s letting potential and potential rental yield. We know what tenants are looking for and can advise you on how to maximise your investment.
Investing in a rental property in Dorset makes excellent economic sense as rental yields are strong with rental asking prices rising by an average 1% on last year according to recent Rightmove figures.
A recent article in the Guardian states that UK rents are expected to rise faster than house prices over the next five years, meaning an even greater increase in rental yields. The Royal Institution of Chartered Surveyors has predicted that rents will increase by just over 25% in the coming years, while property values are set to grow by less than 20%. Property values are expected to continue their upward trend across the next 12 months, except in London where they are expected to fall further. South West England is seeing strong growth – so now is potentially a good time to buy and watch your investment and rental yield grow!
Call The Letting Agent (Dorset) Ltd. on 01305 534299 to discuss your potential property investment in Dorset.