Property Market Comment
10:03am Saturday 12th July 2014 in News
Elaine Dunlop MARLA, NAEA – Branch Manager, Perry Bishop & Leaders, Stroud
THE lettings market in Nailsworth and Stroud is performing incredibly well at the moment, with family homes proving to be the most popular properties of all.
Houses with two or three bedrooms are the driving force in a thriving market, as parents seek a new place to live with their children ahead of the new school year in September.
With plenty of families keen to set up home in Nailsworth and Stroud, now is the time for prospective landlords to start thinking about letting a property.
Rental yields in the region currently stand at between six and seven per cent, with rents rising steadily and showing no sign of slowing any time soon.
There is a good return to be made by anyone who is able to offer a property to let.
Indeed, in more than 15 years in the lettings industry, I have rarely seen such favourable conditions and exciting opportunities for landlords.
In many places, there simply aren’t enough properties to satisfy strong tenant demand, so anyone who is thinking of investing in a rental property in Nailsworth and Stroud can be confident that we will identify a quality tenant for their home in very little time.
Increasing demand for properties in Nailsworth and Stroud has not come as a surprise to those of us at Perry Bishop & Leaders, as the towns have plenty to offer potential tenants.
A semi-rural setting within easy commuting distance of Bristol, Swindon and Gloucester will always be popular, as it allows professionals to get away from the city at the end of the working day and bring up their children in a more relaxed and greener setting.
Certain parts of Nailsworth and Stroud are in particularly strong demand with tenants, so prospective investors should seek buy-to-let properties in these areas.
They include the Uplands and Ebley districts of Stroud, the villages of Bussage and Chalford and Forest Green in Nailsworth.
We are even witnessing a thriving lettings scene as far away as the Gloucester suburb of Quedgeley.
It just goes to show that lettings in Nailsworth and Stroud are at an all-time high – in terms of both tenant demand and rental income – and people seeking a far greater return than most other investment options can offer should cash in on this trend by acquiring a rental property.
We are happy to offer market advice and local expertise to anyone who feels they could make the most of a property by renting it out or is considering a new buy-to-let project.