Property expert David Amstell has said two-bedroom homes are witnessing a faster rate of price falls because they are less in demand.

Mr Amstell, founder of online property website, questioned why anyone would want to buy a two-bedroom home, adding that most people would only view such a property as an apartment before they look to upgrade to a three-bedroom house.

He added: "The fact that two-bedroom houses are now not so popular is perhaps due to the fact that people have now got a choice. It is definitely a buyer's market and there is plenty out there."

Rental demand has also increased since the economic downturn as low mortgage availability has blocked some people's ability to get on to the property ladder.

Private landlords considering additions to their portfolio might heed Mr Amstell's advice, as many would-be homebuyers could be looking to rent in the current climate.

Now could be a could time for investors to snap up properties as Nationwide's latest house price index reported a 15.9 per cent drop in the value of the average house during 2008.ADNFCR-2002-ID-18983919-ADNFCR

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