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Is flat letting value and opportunities good in Lewisham and which areas are best?

Asked on Dec 21 2012, Renting in London | Report content

Answers (1)

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  • Hi ajshams, When it comes to letting property at the moment, the world as a landlord is your oyster, as you have the freedom to buy into property almost anywhere in the UK and guarantee yourself a good return on your investment thanks to the high demand and subsequent good prices at the moment. If you are looking to do so in Lewisham though, you will find particularly good returns, as London rental properties perform far better than any others thanks to a strong level of demand and a lower supply than can be met. This can mean that you often face the reality of having more tenants than in the past looking at a property, and you will end up making good money. Throughout 2012, property prices for rent have been hitting all-time highs repeatedly, and LSL Property Services recently reported that they are now as high as £744 per month on average across the UK. Thanks, Scott

    Answered on Dec 24 2012, Report content

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