People with a property to let in north Hampshire can take advantage of lucrative market conditions to achieve a sizeable return as a landlord.
Rents have been rising at a steady rate for more than two years, while tenant demand remains incredibly high, giving landlords confidence they will not experience lengthy void periods.
A substantial database of quality, professional applicants exists and many are waiting to move in to properties to rent in Aldershot, Fleet, Basingstoke and other towns in the county.
Zoe Kimberley, branch manager at Leaders in Aldershot and Fleet, said: “The rewards available to landlords in Aldershot and Fleet who are ready to let a home can be extremely attractive, so it is no surprise so many people are opting to allow us to find a quality tenant we can vet on their behalf.
“Despite this, supply is still failing to keep pace with demand in the towns and we urgently require more properties. There is much to gain by becoming a landlord in north Hampshire.”
Indeed, with yields often topping five per cent, letting out a property in the region can be more lucrative than many other investments and savings opportunities.
Kim Smith, branch manager at Leaders in Basingstoke, said: “Every type of home – from studio flats to large detached family houses – is in high demand in Basingstoke. We are matching many properties with a quality tenant in just a few days, so landlords can enjoy an income from their property in next to no time.”
The lettings market is predicted to remain strong throughout 2015 and beyond, making it a great time to secure a buy-to-let investment or to let out an existing property.