The Rental market is still proving to be very strong as we enter Q2 of 2022. We have seen rental prices continue to soar and demand out-stripping supply. A recent example of this was the two bedroom terraced property we advertised on Old Chapel Street in Edgeley. Click here to take a look at the Rightmove advert for the house.
We marketed the property for £875 pcm and within the first couple of hours of marketing the open house was fully booked. In turn, we ended up receiving in excess of 10 offers on the house with the landlord being able to pick between the offers to find the most suitable tenant, with guidance from ourselves.
If you are looking to expand your property portfolio, now is the time to capitalise on the levels of interest for rental properties in a strong Stockport market. With transport links improving, bars and restaurants opening, the rental prices are increasing (and holding).
The sales market is extremely competitive at the market and properties are selling in excess of their guide price the majority of the time. Therefore if you are keen to invest in the area, give me a call on 07384810881 and I will discuss any off market deals we have in the pipeline that could be of interest.
Equally, if you currently have properties in the area and are unsure if your tenants are paying market value, give me a call and I will conduct a free rental review on your property portfolio.