I was recently asked why there are so few properties to rent on the
Cranbourne Gardens Estate (Thor Drive etc). I did some research and found that since April 2012, only two properties have been available for rent on one of Bedford’s very popular housing estates.
At Belvoir, as we are lettings specialists, we have access to a powerful database of every rentable property in Bedford, going back to 2003, when we started trading. We use this system to help our landlords identify trends in rental prices, so we can give the best advice on what to buy or not to buy.
Some properties might not offer the yields that other less expensive properties might offer, but a property on this development is likely to be let almost overnight, the growth potential in its property value should always do better than a terraced house any day. It should also sell quickly when you come to sell it in the future. So if you are looking for property to rent out, this location could be good option for your money.
Why not pop into our office on Tavistock Street to discuss your Buy to Let options