Source of info on rental demand

westernpromise

Short of monitoring asking prices and volumes in a given area, is there any way of identifying what type of property lets best by area?

theartfullodger

In answer to your question, yes, there is a way. Several actually.

HappyMJ

westernpromise wrote: »

Short of monitoring asking prices and volumes in a given area, is there any way of identifying what type of property lets best by area?

Just about always a 2 bedroom property would be the best investment.

3 or 4 bedroom properties have lower gross returns but the tenants as they have families stay longer minimizing voids. It's far less hassle having a long term tenant that pays on time and treats the house as their home.

1 bedroom and studios in my opinion are just a temporary place to live for a single person for reasons connected to family breakdown and employment and they'll move on as soon as they can. You'll need to be finding new tenants on a regular basis which can be a hassle.

tom9980

home.co.uk

click on prices & rents just above the search bar then type the area i.e London or partial postcode then click on market rents radio button and find.

There are some useful reports there that might help