Private landlords could be among the property investors who are taking advantage of homes available on the property market at bargain prices, it has been suggested.

Timothy Lambert, sales and marketing manager at property investment consultancy Ducalian, says professional landlords are finding homes priced 20 to 30 per cent below market value.

Amid high levels of rental demand as some would-be homebuyers are unable to secure mortgage finance in the current economic climate, Mr Lambert commented that investors are enjoying yields of around ten per cent

He added that some distressed properties are "too good to be true"and offer opportunities for long-term investment options.

Mr Lambert's comments were backed up by those made last week by Ian Potter, operations manager for the Association of Residential Lettings Agents, who said buy-to-let remains a "solid investment"for private landlords willing to commit to it for the long term.

Mr Potter also explained that private landlords need to conduct "extensive research"to ensure they invest in properties capable of generating the best possible returns.ADNFCR-2002-ID-19064449-ADNFCR

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