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Letting a property in Norfolk

Asked on Jan 15 2014, Renting in King's Lynn | Report content

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  • Hi JH Prince, There are a number of different useful pieces of information that you could use here if you are looking at letting out your property in Norfolk, and in particular Heacham. We'll examine a few of these below. First of all, you will want to know what you can bring in as a rental price. To do this, seek out the average asking prices here on the Zoopla website. Click the tab at the top of this page called 'sold prices' and choose the second option on the drop-down menu called 'area stats'. When you open the new page, scroll down and you will see a table split into different property types and sizes with the average rental asking prices at current. As you will see, rent in the area ranges all the way from £377 to more than £2,200 for different properties. The next thing you will want to know will be the level of demand for rental homes in this area. You can get this by searching for any property in Heacham from the main page. Click on any link and then use the local info tab above the main photograph within the listing. If you scroll down on this page, you will see a table that breaks down the ownership of properties and shows you how these are split. As you'll see, the majority of people in Heacham are homeowners, either with or without a mortgage. This means that the level of demand for rental properties in the private sector is actually quite a way below the national average, although that is not to say that it's not worth still looking at letting in the area because demand across the UK as a whole still remains quite high. Finally, you will need to know some of the letting agents operating in Heacham to make sure your letting is dealt with in a professional manner to give you peace of mind over your investment. Some of these include the likes of Suttons, and a little further out, Martin's and Sowerby's. Many thanks, Scott

    Answered on Jan 31 2014, Report content

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