Supply of Witney Rental Property Hits Record Levels

The supply of certain types of privately rented properties in Witney is currently well above average and, in some cases, hitting record levels. This is particularly true of 2-bedroom flats and 3-bedroom houses although there has also been a spike in 2-bedroom houses.

The graph below shows the volume of properties listed for rent in Witney by size/type over the previous 9 months.

Witney property rentals graph

Firstly, if you’re a landlord with property which is currently available to rent, don’t panic! Well presented, fairly-priced properties are still in demand and we are approaching the busy summer moving period. Secondly, this means you must ensure that you’re marketing is of the highest possible standard to entice potential tenants to view and sign a tenancy agreement. Ensure your agent is using Rightmove, Zoopla and social media to best effect and that the property description is sufficiently detailed, that photographs are excellent and that full floorplans have been produced (ideally in 3D).

If you’d like an expert second opinion then please don’t be afraid to ask us witney@martinco.com or call 01993 708638

There’s more on this story here: http://bit.ly/2r4KZSH

 

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