Wednesday 18 June 2014

Everybody wants…. A house in Kingston Upon Hull!

http://www.marlboroughestates.com
Everybody wants…. A house in Kingston Upon Hull!
As each day it seems that the look associated with Kingston Upon Hull is improving.
A large amount is being put in to fund the actual regeneration of some of the poorer areas of the city as builders continue the work they do to build up landmark sites to raise Kingston Upon Hull’s profile even further. Such work is attracting lots of private property investment from people out of town as it is generally recognised that Kingston Upon Hull is still a comparatively cheap place to buy and develop houses and flats. The low purchase cost in conjunction with low bank interest rates, indicates that rental values in Kingston Upon Hull are very reasonable. Investors in Kingston Upon Hull know that the actual demand for good apartment is high and they've worked out that the return of investment will also be relatively high.
The last year has seen a large increase in the demand for buy-to-let properties in the Kingston Upon Hull region. As other traditional forms of savings have been seen to be very volatile and it seems that the public are reverting to home investment being a safer method of securing a decent quality lifestyle within the retirement years.
The theory is that the rental repayments obtained provide the regular revenue. This represents an alternative to the traditional pension. An added bonus is the money development the property should accomplish in the event that viewed as a long-term strategy. A heightened tolerance coming from lenders towards the letting basic principle has lead to a range of buy-to-let mortgages being developed to encourage more people to become property investors. At last, it seems the image of the landlord as a greedy old guy demanding high rents for sub-standard property is being put to bed.
Marlborough Estates offer for sale several properties that would return a good rental yield and serve their own purchasers well in the future. Our experienced employees can provide further details and are well prepared to offer sound advice to anyone considering buying or renting an investment property in the future.
Tony Cook
www.marlboroughestates.com

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