Understanding Property Rental in Central London Marylebone Area
While Britain’s exodus from the EU has thrown the UK property market into a state of panic, homeowners need not worry. Previous gloomy forecasts have not been accurate, as the value of homes away from London have not depreciated in many cases. Although London is still experiencing depressed values, consulting a good estate agent can help you get an acceptable deal, rather than one where you end up making a loss.
Jeremy James and Co has the required knowledge to make sure that you receive the optimum return on your investment. Our staff know all about property rental in Central London Marylebone area, including business and residential properties. We specialise in this area of the capital, with a thirty year track record of selling, purchasing and negotiating rental agreements for properties of all types. Permit us to use our knowledge to benefit you in a big way.
Accentuating the Positive
Of course, it is correct that Central London prices remain depressed, therefore how does this affect your chances? Property Wire reports that, since September of 2016, Marylebone rents have reduced by 9.9 percent. Although that statistic gives cause for concern, you can capitalise on this in another way. Do you own houses that are unoccupied? If you do, lower lettings prices can draw in new tenants to both business and residential properties.
Occasionally, potential tenants are reluctant to rent a commercial space or flat in a more upmarket part of the capital. With reduced rents, you can get more interest in your property, from people who will like the area and will remain after the market recovers. As seasoned agents, we understand where to search and how to appeal to tenants who hesitated to consider Marylebone homes in the past. This means that you can get your unoccupied houses filled, and making you money instead of staying vacant.
Divert Your Gaze
Another area of the market that has potential is millenials, lots of whom regard themselves as long term renters. By correctly advertising to this demographic, and espousing the benefits of Marylebone flat rentals, you can attract a completely new type of tenant into the neighborhood that will pay you rents for the foreseeable future.
What Jeremy James and Co can Offer
Our company has worked with thousands of people to help them sell, purchase and let properties since 1981. We know, from experience, that market downturns should be ridden out and used for the benefit of our clients. Our knowledge of Marylebone is extensive, however in addition to this, we use tested methods that allow us to get you the best price for your real estate.
Firstly, we will formulate a sound advertising plan for your home that involves hiring a good photographer, and producing a floor plan to be used as advertising material. Also, we will use platforms like Zoopla, Rightmove, Lonres and Prime Location to promote your home, in addition to the relevant online and print publications.
This will not work though, unless your real estate is properly priced and your lease agreements are shrewdly negotiated. Jeremy James and Co can do both of these things for you. Get in touch with us immediately for further details about how we can assist you with letting your properties.