Rising demand makes it the perfect time to invest in property

STRONG tenant demand across Gloucestershire and much of the south-west has made it a fantastic time to invest in a buy-to-let property for the first time or to expand an existing portfolio.

That is the opinion of Elaine Dunlop, branch manager at Leaders in Stroud, who says there has been a notable rise in the number of people looking for a property to rent in the area in recent months.

It comes shortly after research carried out by the National Landlords Association showed 40 per cent of landlords believe there has been an increase in the number of people looking to rent a property in the last three months, compared with just six per cent who think there has been a slowdown in the market.

Elaine explains: “We are certainly finding that landlords have plenty of confidence in the market right now, with the majority benefiting from either steady or increasing tenant demand since the summer.

“This makes it an extremely favourable time to invest in a new buy-to-let project, as landlords can do so safe in the knowledge that tenant demand in Gloucestershire is extremely strong, making it possible to secure a quality tenant and achieve a good rental return.”

Leaders in Stroud reported a rise in the number of viewings requested by prospective tenants and the amount of homes successfully let in October in comparison with both the previous month and October 2015.

Elaine says: “Gloucestershire offers a wide variety of properties and demand for all types of home is high, so every investment can be a rewarding one. From families to young professionals and older couples, there are plenty of people looking to rent a property in the county.

“It is up to individual landlords to work out their priorities - whether these are the potential for capital growth, substantial yields or high tenant demand - and to choose the best place to invest accordingly.”

Leaders’ Property Investment Hub is the perfect place to start any search for a new investment property. Home to one of the UK’s largest selections of buy-to-let properties, the online portal also offers investors access to rental history, maintenance records and other valuable information before they commit to a purchase.

For advice you can trust on the buy-to-let market and all aspects of being a landlord, please contact Leaders in Stroud, Cheltenham or Cirencester or visit the Property Investment Hub at leaders.co.uk