We’re now a month on since the Tenant Fee Ban came into force and we’ve seen numerous landlords switch agents due to significant management fee increases.
Not only this but we’ve seen rents increase across agents portfolios, however this can easily lead to a rise in tenant turn over with the risk of increased void periods too. Which in turn eats away at a landlords property value.
Our Landlord profit retention plan has seen us pick up a number of new properties, all benefiting from stable, full management fees linked to a service that focus’ on the asset management of the property and the professional standards of our tenants, who we work
closely with.
Over the past month we have let an amazing 1 bedroom apartment in the City Centre, a three bedroom house at Bedstone Way as well as a variety of rooms available in Blackmead, Leighton & Oxclose.
We have a fantastic two bedroom apartment to let at West Water Crescent in Hampton Vale that is up for £750pcm. This apartment has its own garage, is on the ground floor and is only a 5 minute walk to the nearest shops and restaurants. We also have rooms available at Blackmead and Oxclose to let.
On the sales side the local average asking price for the Peterborough area is currently £239,692 which is a decrease of 1% on last month and no meaningful change on last year.
There were 1,725 properties for sale in Peterborough with the average days for a property to receive an offer standing at 90 days. This can be reduced through our professional pricing and marketing methods that has also seen us achieve, on average, offers of 99.25% of our asking prices in 2019.
Many home owners will be considering moving property, viewing properties before the new school year begins. If you’re thinking about getting into Hamptons schools or moving in and around the Peterborough area before the summer holidays are over, be sure to get in
touch.
We have a great five-bedroom property available on Eagle Way here in Hampton Vale. The property offers a fantastic lounge space, plenty of options in terms of bedroom space,
as well as a good size kitchen/diner. On the market for £330,000. We also have an excellent three bedroom property in Gostwick, Orton Brimbles which is on the market for £160,000. Offering a large rear garden, good size bedrooms and a great lounge/diner.
For more information, to book a viewing or are interested in letting or selling your property just call us on 01733 592020. As estate agents in Peterborough we pride ourselves on premium presentation to deliver premium results. Give us a call today.