Private landlords looking to expand their portfolios in London might consider looking at properties close to the Thames as a property website has reported increased demand for homes in areas adjacent to the river.

Nicholas Leeming, director of propertyfinder.com, said views provided by homes on the waterfront are attracting "considerable interest"and he added that "there are deals to be done here".

He added that properties close to the Thames often have good transport links and amenities.

This comes after Birmingham Midshires advised private landlords to consider these types of factors when considering how to market prospective properties.

Buy-to-let investors looking to target young professionals were advised by the bank to target "modern properties, with easy upkeep and good transport links".

Mr Leeming also said homes in prime residential areas are more likely to hold their value better than properties in peripheral locations.

Now could be a good time for private landlords to add to their property portfolios as data published by Nationwide last month showed the value of a typical home fell by 17.6 per cent over the previous 12 months.ADNFCR-2002-ID-19064454-ADNFCR

Related posts:

  1. Location ‘is key to buy-to-let success’
  2. Think about your target market, says expert
  3. Buyers told to target low-priced homes
  4. Family homes and school catchment areas
  5. London rental demand ‘will fall in 2009′

Leave a Reply

You must be logged in to post a comment.

HOME