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What to look for when buying property in Southsea

I was talking to a Landlord recently and they asked me for my opinion on what to look for when purchasing a Buy to Let property.

I was talking to a Landlord recently and they asked me for my opinion on what to look for when purchasing a Buy to Let property.
One piece of advice I was able to offer was that a good property should sell when you need to release funds. So, if you are a landlord considering buying a property to let out, you want to buy a property that is saleable.
You can work out how saleable the properties in a particular street are by comparing the number of house sales to the number of properties in that street. The higher the number, the more saleable the properties are.
So, in Southsea, the most saleable street is Oxford Road. There are 116 properties in the street and since 1995 there have been 182 property sales which is an impressive 156% sales to properties. Others in the top 10 include Clarence Parade at 132%, Stansted Road at 124%, Victoria Road North at 86% and Clarendon Road at 59%.
Whether you are a Landlord of ours or not, feel free to pop in to our offices on Palmerston Road, Southsea and London Road, Waterlooville for our opinion on what to invest in, or not, as the case may be.

 

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