It is often said that us Brits are obsessed with property and the many conversations I have with ...
It is often said that us Brits are obsessed with property and the many conversations I have with people on the subject confirm to me that at the very least we have a very keen interest.
Quite often I get asked where is the best area of Bracknell to invest and the answer always depends on what the investor is looking for.
I crunched some numbers on 2 Bed properties in the sales and rental sector currently on the market in Bracknell.
If we just focus on yield (or how hard your money is working) then Bracknell has two general areas that are split in half by the A322.
Basically the South and West of Bracknell, areas like Great Hollands, Easthampstead and Birch Hill are cheaper to rent and buy.
Priestwood, Wick Hill and Harmans Water in the North and East are slightly more expensive.
In Bracknell there isn’t a huge margin between the top and bottom of the market in sales or rentals. My research showed a difference of around 0.5% in yield in favour of the cheaper end of the market which doesn’t sound too much. However, with the average price of properties on the market at £270,000 that 0.5% adds up to £1350 over the year!
Yield is only one factor we should consider when investing in property but an extra £1350 is certainly worth throwing into the decision making process.
If you would like to have a friendly chat about the Bracknell property market then why not pop in to our office on Market Street or give us a ring.
Belvoir Bracknell don’t sell property, we are lettings specialists, but we do guide people based on our experience as to what might make a good buy to let property investment in the Bracknell, Wokingham, Crowthorne and Binfield area. We don’t charge for this service but we would like to manage your property or help you find great tenants.