What are the prospects for buy to let in Holloway, London?
Asked on Feb 3 2013,
Renting in London |
BTL prospects anywhere in London are good as long as you do your research. We let & manage several prtoperties in the area and they do very well. Holloway tends to serve the market that want a nice property but cant/wont pay the premium demanded by Islington (Angel), Camden or Highgate.
We source BTL properties for many of our existing clients and this is always based on budget (for the purchase) and rental demand. I advise against investors who set out to buy a '2 bed' rental investment. Unless this is based on research on your target area that this is the highest in demand do not make a rookie mistake such as 'the more bedrooms I have the more money I make'- you'd be surprised how often I've heard that!
If you have any further questions dont hesitate to post them here or get in touch directly.
Web reference: http://www.baseps.co.uk
Answered on May 23 2013,
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