Monday, 11 December 2017

Demand increased for one and two bedroom properties

Richard Maby, head of Savills’ Henley lettings, said: “Over the past 12 months, the greatest demand in sales has been for one and two bedroom properties

Richard Maby, head of Savills’ Henley lettings, said: “Over the past 12 months, the greatest demand in sales has been for one and two bedroom properties - especially flats - at sub- £500,000 and in key town centre locations.

“This level of the market has broad appeal, attracting young professionals, first- time buyers and investors and it is the lure of town centre facilities, amongst them shops and transport links, which has proved to be tempting for purchasers.”

Indeed, it is the prime commuter towns, Reading included, which Savills Research is predicting will see the greatest price growth over the next five years, with rental growth as much as 15.9 percent by 2019.

Gill Mooney, head of investor lettings for Savills (Country) said: “Whilst the rental yield will be important for investor landlords, more and more individuals are now keen to secure investment property which will see the greatest capital growth in the medium to long term.”



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