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Park House Farm Way outperforms Hazleton Way

A landlord and I were discussing our article from Last week, which suggested that the property market in Havant outperformed Cowplain, when she wondered if this was an isolated example.

A landlord and I were discussing our article from Last week, which suggested that the property market in Havant outperformed Cowplain, when she wondered if this was an isolated example.
I decided to do a little research to compare Park House Farm Way to Hazleton Way, with some surprising results. The average property value on Park House Farm Way is £195,861, with rents being around £850 per month, whilst the values are over three times more on Hazleton Way at £256,111. Properties on Hazleton Way will usually rent for around £900 per month, which could achieve a reasonable annual yield of 4.1%.
When I worked out the possible annual yield for properties on Park House Farm Way, I found you could achieve 5.2%. With the possible annual yield being around 27% higher on Park House Farm Way, it seems to be the best area to invest. However, you must do your research and decide what you would like from the investment, as Park House Farm Way could have longer void periods and shorter tenancies.
If you would like our opinion on what to buy, feel free to come into our offices on London Road, Waterlooville or Palmerston Road, Southsea.

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