The new year could offer private landlords an opportunity to make a good investment, according to one industry expert.

Alastair Reid, head of commercial property at Halliwells' law firm, told The Star: "The key will be finding the right properties at the right price that offer the right potential yield."

Private landlords who are looking to invest in property in 2010 should be looking at long-term gains, he added, as those who stay in the short term will be "disappointed".

Mr Reid went on to explain that a good landlord in the current economic climate would be one that is flexible and responsive to the needs of their tenants.

One way to find property is to purchase from other landlords who are over-exposed and make the most of reduced prices, he said.

In December, noted that for 58 per cent of landlords in the buy-to-let sector, the outlook on the market was more positive than in November.

Written by John WeeksADNFCR-2002-ID-19535371-ADNFCR

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