Monday, May 19, 2008

Yields increasing on some buy to let flats in Notting Hill

One bedroom flat for sale in Cambridge Gardens, North Kensington, W10 - popular with professional tenants and increasingly in demand to rent



With more property for sale in Notting Hill, asking prices have become more realistic than six to twelve months ago and buyers at last have a choice!

Smaller one and two bedroom flats to let in Notting Hill and the surrounding area are being keenly sought out by eager tenants. Many first time buyers have been deterred from the sales market by a general lack of confidence fuelled in no small part by various news media.

The net result? More tenants chasing a finite number of properties to let in London. Prices for less expensive one and two bedroom flats are consequently very firm - and are looking recession proof.

We're already seeing more interest from buy to let investors in Notting Hill - if you're a landlord looking to expand your portfolio now may be an ideal time to take advanatage of the market.


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