Tuesday, November 14, 2017

Are Village Properties Becoming More Popular?

Recently we have had various different properties to let in the Vale of Belvoir and villages surrounding Bingham. Village properties are seeing an increase in popularity whether it be a one bedroom cottage or detached farmhouses.

When we first started managing properties to let in the Vale of Belvoir area 19 years ago many of the village properties were less well cared for by landlords and often cold, draughty properties. Today our Landlords are building or renovating rural properties to appeal to a different type of tenant.

As renting becomes the norm many are seeing it as a lifestyle choice and many rural properties offer easier commutes to larger cities and a quiet space for those working from home. Villages also benefit from improved broadband speeds.

Tenants get the opportunity to live in a home that they may not have considered in the past or have the opportunity to buy, and enjoy a rural lifestyle. We find tenants may use their time in rented property to really get to know an area before they purchase.
Of course the other big draw is schools. With many village primary schools offering an excellent level of teaching, we find this does draw many families to rent in the Vale of Belvoir and Bingham.

What should you consider if you have a rural property to let?

Parking and secure outside storage is important for any family living rurally as hobbies are important and come with lots of expensive gear!  Many people looking to rent in the villages have or would like to have pets – is your property suitable?

If you are thinking of letting out a property please give me a call and we can talk through the important things to consider. Every rural property is different and requires a different approach so for honest advice from a local letting specialist speak to me on 01949 714101.

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