A recent market overview of the key areas within the North West show just how much strength Stockport holds.
On average, Stockport is the highest priced residential location (£241,020) in the North West, and has also grown the fastest (6.7%) over the last 12 months, landing higher in the list than areas such as Manchester City Centre and Chester. It also has the third highest amount of transactions behind Manchester City Centre and Liverpool.
With an ever changing industry and ever changing trends there are always going to be questions for your letting agent, i have highlighted some of the more frequent ones in this article.
One of the most common questions I get asked by Landlords is whether they should offer there property as fully or part furnished. My Answer to this question changes depending on the property style & location.
If we were referring to a one bedroom apartment in the heart of Stockport Exchange i may lean towards a furnished option, The type of tenants attracted to this style of property is likely to be a young professional who perhaps hasn’t rented before, having a furnished property would mean lower out goings initially and perhaps a quicker let.
If it were a three bedroom semi i would tend to advise to go for an unfurnished property as you are likely going to attract a small family who have lived privately elsewhere prior to there next let. They have likely accumulated furniture over this period and in most cases would like to bring this furniture with them.
Each let is different and each landlord has a different approach, if you’d like further advice on anything buy to let related call me on; 0161 474 8668.
If you’re searching for a property that requires some refurbishment then this two bedroom end terrace on Earnshaw Avenue in Offerton could be perfect. It came to the market yesterday with a guide price of only £115,000!
If you’re searching for a low maintenance buy to let, whether this is to add to an existing portfolio or your first time something like this would be great. Added to the market two days ago with a guide price of £120,000.
If you’re currently searching for a buy to let property in Stockport, if you have found something you’d like my advice on or if you have recently purchased a property then give me a call and take advantage of my offer – 20% off your initial set up fee & free deposit protection!