Dan Salkeld, Associate Director at Goadsby Winchester, reports a rise in the demand for ‘High End’ student property. Having overseen another successful student season the team at Goadsby noticed a pattern occurring; the same couple of properties generating all the interest leaving a lot of disappointed students settling for their 2nd and 3rd choice properties. The properties catching the eye of the tenants broke the mould of basic, second hand or dated furniture and were finished to a tasteful modern standard throughout. These properties let for an average of £20 more per person, per week. Bearing in mind the majority of student houses in Winchester are 3 or more bedrooms the additional income per person equates to £1000’s additional income each year.
With Buy to Let stamp duty being at an all-time high perhaps it would be more financially feasible for landlords to re-invest in their current portfolio rather than increasing it. Any landlords that would like further information regarding maximising their returns within the student sector should contact Dan on 01962 620444.
With the excellent school catchment areas around we predominantly have families looking for a property to rent.
The Lettings team at Goadsby’s Poole office are delighted to report that they have successfully Agreed a Let on a three double bedroom terraced house, in the popular area of Upton, before the property went on the market.
Goadsby Broadstone Lettings urgently require more family homes to offer their extensive list of professional applicants.