Private landlords in the south of England could find a number of opportunities to add to their portfolios in the coming months.

According to Mark Milner, chief executive officer of Prime Location, houses in the south of England and the Home Counties are subject to "significant drops"in value.

The expert claimed that this could bring about a number of "bargain opportunities", which could come as a boost to buy-to-let investors with sufficient cash funds to take advantage.

"Across the country, house prices have dropped, resulting in more areas being affordable,"Mr Milner explained.

This trend is set to continue, he added, with further price drops of around ten to 15 per cent expected.

As a result, those in a position to buy could find themselves able to pick up affordable properties in "prime locations"that had previously been considered too expensive, Mr Milner suggested.

Nationwide reported this month that UK house prices fell by a total of 15.9 per cent in 2008, reaching their lowest ebb since 2005.ADNFCR-2002-ID-18978219-ADNFCR

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