Significant numbers of new investors are entering the Buy-To-Let market in the Coventry area. Bricks and mortar is still popular with investors due to better returns that savings rates, ISAs and shares. Quite a few landlords are realising that shares are not growing like they used to but, although property prices do not appear to be rising, rents are going up and so represent a better investment than leaving typical cash based investments, with the security of investing in a real physical asset.
Typically buy to let property investments in Coventry return over 10% per annum which is far greater than investing in stocks and shares. The Coventry area has been earmarked for new investment from the private sector that should be filling in the gaps from a shrinking public sector. The private sector investment will mean increases in population, some new housing, shopping centres and infrastructure. For a savvy landlord, it is a great time to invest in Buy-To-Let properties that can yield double-digit growth when other types of investment are struggling to return even 5% per annum.
How can Belvoir Letting Agents in Coventry help? We can help in several ways. First of all, come see us for advice on properties for sale that you may look at buying with regard to their potential for letting and likely rental values on which you can base your return on investment calculations. We can give you independent advice which is quite different to estate agents who’s motivation is to seel the property whether or not they produce the right yields for an investment landlord. Secondly, we are soon applying to become an ARLA agent which means that Belvoir’s robust procedures and client-bonded accounts will mean we can offer a fair and pro-active method of business.
