Rule #1 Everything LetsWhen potential investors come to see us, they are often concerned whether the property they buy will let. They needn’t be – it doesn’t matter if it’s a palace or a flea pit – everything lets, but that’s not a recommendation to buy a flea pit! The question they should be asking is WHO it will let to – a 3 bed in the town centre is far more likely to attract sharers than a family for example. Every now and then a landlord comes in with a property that he’s been unable to let through another agent.
We know without seeing it that either
- it’s badly presented or
- he’s overpriced it.
- There isn’t usually a 3