Will the distraction of parties & presents and the slowing of the housing market for Christmas and New Year mean now the best time for the property investor to go to work ?
We always hear it this time of year that the housing market slows as everyone turns their attention to Christmas and New Year but what of the properties that do get listed during this time which are overlooked until the New Year. The smart investor will keep an eye on what comes to market for the next few weeks and get those viewings in while everyone else is distracted by parties and presents.
A quick look to see what has just appeared on the market and these 2 properties could be worth a look.
A spacious 2 bedroom house on Princes St which is chain free and in need of modernisation.
Close to Dunstable town centre, 2 double bedrooms, a living room and dining room this type of property is very popular with tenants.
The guide price is £190,000 but allowing for the work required there must be some room to negotiate on this figure and I would guess a quick sale is preferable. The rental figure on a good 2 bedroom house in this area is now in the region of £850pcm
It is on the Market with Taylors and the details are here Princes Street 2 bedroom House
A refurbished 1 bed aground floor apartment on the High St with parking and new lease.
The bedroom is at basement level with a window but is over 7m long at its longest point and the lounge above is also as long.
As a refurbished 1 bedroom apartment with parking in Dunstable you would be looking at a rent of approximately £600 plus pcm and the asking price is in excess of £108,000
It is on the market with Connells and the details are here High Street South 1 bed apartment
It would definitely be worth keeping an eye on new properties appearing over the next few weeks for any that could be snapped up while the market is quiet for buyers.
If you do see any properties during the next few weeks and would like me to give you an opinion on their suitability for renting and a guide on the potential rent please enter the details and submit the form below.
Daniel Bourke is the owner of Belvoir Lettings Dunstable and in his previous career in Architecture he was an Associate in a leading London Architectural practice