We have had highs and lows with the weather recently but it’s starting to look a lot like summer. This is when you see people taking on garden projects and readying a house to enjoy a little outdoor fun time. Doing this is especially important if you are selling your home so prospective buyers can imagine themselves on your sundeck or pottering in your organised garden shed.
In our local area the market continues to be buoyant with an excellent cross section of homes available to buy. We are lucky to have the continued development of Hampton and the recent one of Cardea in this area as Peterborough is an excellent value place to buy if you commute to Cambridge or London with great road and rail links.
We have a modern two-bedroom coach house property situated on the outskirts of Hampton Vale that is on the market for offers in excess of £145,000. This is perfect for a professional or couple of first time buyers. It is close the restaurants and shops of Serpentine Green.
Another superb option for families is this impressive four-bedroom property in the very sought-after location of Longthorpe village. The property is set back from Holywell Way giving privacy to the property and its plot and has a drive with off-road parking for five cars as well as a double garage. It is on the market for offers in excess of £550,000.
Average rents in Britain increased by 5.75% year on year in the first quarter of 2017 to £770 although there is some regional variation according to a report in PropertyWire. The report goes on to say that although rents are rising, rent arrears are not. Stock levels of rental properties are low and when a modern well-located property comes to market it can have over 10 applicants. Many of those applicants will be looking to stay an average of 7 years according to market data.
Another report in PropertyWire states that the bank of mum and dad are central in helping many first-time buyers onto the property ladder. That and inheritance predominantly in the expensive south and London markets is the case, but are still some good mortgages deals around for first time buyers if they shop around and are organised with everything they need.
If you are looking to sell take just 90 seconds to use our free online valuation tool. It will give an indicator of what your property is worth.