This time on our analysis of Property Academy’s Renter Survey 2022, we are looking at the topic of Location, Location, Location. The data is clear that the thing tenants are least likely to compromise on is the location of the property. This can be for a whole host of reasons but what it tells us as agents is that it is a key factor that needs to be consider for all new properties.
You may be able to snap up a cheap deal with the potential for high returns but always do your research to see if the demand is there for the area you are look – particularly if you have a certain kind of tenant in mind.
Check out our handy area guides here – https://www.jdg.co.uk/market-report-lancaster.html
If you would like to discuss a potential rental property or different areas around Lancaster and Morecambe, give me a call on 01524 843322 or email josh@jdg.co.uk