Plymouth voted the best place to live in the UK
Monday 8th December, 2014 - 11:16am
Good news for Landlords and Tenants in Plymouth!
As a leading local Letting Agent it is great news to hear that a survey has just identified Plymouth as one of the best places to move to in the UK. Different data was analysed such as education, childcare, low crime rates, local amenities and affordable property and this revealed that Plymouth is now the number one place to live in the UK.
Plymouth scores highly in all those categories and that means people love to live here. They have great facilities and opportunities for their children and they are surrounded by the most beautiful local landscapes with the Moors and stunning beaches right on the doorstep. Water sports such as sailing are also a high spot of life in Plymouth.
This is great for landlords and means that property to let in Plymouth rents easily. There are so many positives about the city that it draws high quality tenants to the area who want to benefit from the relatively relaxed and family oriented lifestyle of Devon; the work /lifestyle balance that can be achieved here is second to none.
Property in all categories from a house to rent in the suburbs or the countryside to a flat or apartment to rent in the city centre or on the waterside moves quickly off our books – our average time to let is only 27 days at present. This covers all price brackets from studio apartments to grand houses and stunning waterside penthouses.
There is also good news for tenants; in rental terms this is the most affordable city in the UK with tenants having to put only 29% of income towards rent. This compares to London where the ratio is nearly 50%. Since the UK is fast becoming a nation of renters this is incredibly good news for Landlords in the city. This is a great time for Landlords to continue to invest in Buy-to-let properties; rents remain very strong and although they have not increased as they have nationally they have remained stable at a good level for return on investment and demand for rental property remains very high.
We have tenants waiting for all categories of property within and around Plymouth so Landlords please call us for a free appraisal of your property today!