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Buy To Let Property In Market Towns An Attractive Option
Investors should look towards buy-to-let property in market towns around the UK, as these locations are becoming increasingly attractive to buyers.
Jason Beedell, head of research at Smiths Gore, said that market destinations are generally perceived as nicer places to live, as they often have more amenities and a higher-class of shop for consumers to use.
"There has been more buy-to-let activity in the last six months than there has been in the last year and a half. It does sound attractive. Certainly, market towns do sound like somewhere to consider if you are thinking of investing," Mr Beedell added.
He went on to advise that rural house prices have gone up faster than their urban equivalents recently, which could provide another a venue of interest for investors.
His words came after Lloyds TSB found that the average house price in market towns across England had gone up by 103 per cent between 2001 and 2011, rising from £114,718 to £233,416.
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Notes for Editors:
Article date: 11/15/2011 12:00:00 AM