A notably high proportion of rented property in the UK is situated no more than a mile from an underground or train station. Though this can partly be attributed to the high percentage of rental accommodation in popular urban areas there is still relevance away from the capital.
The young urban working population is highly dependent on public transport, 40% are unlikely to have their own transport. As a result rental accommodation is snapped up faster if it is within 1 mile of a train station. In our semi-rural patch vehicle ownership might be a different picture but the challenges facing tenants balancing a budget for accommodation and transport are much the same and proximity to transport options is often a selling point.
Accessibility is key for the vast majority of prospective tenants who look for properties within easy access of commuting routes. The M3, A30, A31 are all close by and many mainline rail stations are situated across the towns and villages in all of the areas that we cover which makes it an extremely attractive location for tenants.
Whilst our local communication links to London are excellent we are also very lucky to have some beautiful scenery on our doorstep and villages like Hartley Wintney offer the prospective tenant an opportunity to live in a quintessential English village that is still easily accessible.
We are also lucky enough to have some highly respected schools in our area which again is an important consideration for people looking to rent and it is these factors that will continue to draw tenants to this region.
From an investment point of view the rental returns locally are very attractive. Well-presented properties of all shapes and sizes command good rents so investment landlords should be able to source a suitable property to fit their budget.
I am happy to advise on all things lettings so please contact me on 01252 514000 or firstname.lastname@example.org.