Rochester Investor Alert
Hello Readers, A recent property alert has brought up a fantastic property in Cecil Road, Rochester, that’s up for sale at £270k. You can view the property here. This three bedroom property is in need of refurbishment, but has excellent potential. I’ve spent a fair chunk of time looking over the floorplan and think you could […]
Gillingham Investor Alert
Hello Readers, A recent property alert has brought up a fantastic property in Balmoral Road, Gillingham that’s up for sale at £300k. You can view the property here, and there’s a matterport tour here. This three bedroom property has excellent potential and based on an initial look over the layout, I think you could get five or […]
Section 21 abolition – the time to speak is now
In April the Government announced plans to scrap Section 21 notices. In a widely ridiculed move that will see landlords lose the power to easily regain access to their own properties, a consultation is to be completed to explore the implications of the move and set the terms of the new law. That consultation won’t […]
Sensationalised headlines and the truth of a “sales figure collapse”
I read the headline “Shock fall-through figures show almost 50% of sales collapsing” this week and thought, oh no. But as is always the case, the devil is in the detail…. So firstly, let’s examine the detail. The article from Estate Agent Today was based on data from a ‘quick buy’ property company. Granted, the […]
New year, new start…the merits of Medway are attracting first time buyers
The new year is in full flow already and it’s started with planning my goals and plans for 2019. Anyone who reads my blog with any regularity will know that I like to focus on the positives. I’m a fairly optimistic person and I believe that good things happen to good people. So this year my […]
99.4% of HMO applications are being approved but 72% of Councils are not enforcing license law
As you all know, my lettings company specialises in management of Houses of Multiple Occupation (HMO) so I always have a vested interest in the HMO market. In October last year, one of the most important legislations for HMOs changed; the mandatory HMO licensing rules removed the three storey rule (previously licensing applied to HMOs […]
What your local property expert has to say about the Medway rental market
Well, thus far October has proven to be an incredible month for the Medway rental market. We have let three out of four flats in one Gillingham property before the building work had even been completed. And in another Gillingham HMO we have let four rooms in a six-bed homeshare to doctors. Doctors? Yes that […]
Medway landlords, is it wise to raise your rents?
Back in April, I wrote an article about Gillingham having some of the highest growth in rents outside of our capital city. Currently the average rent price for a two bedroom property is around around £842. That’s a 39% increase over the last decade. It raised a few eyebrows and for those who hadn’t reviewed […]
Historic Rochester may be steeped in history, but why else should investors be interested?
The inspiration for many Charles Dickens novels, Rochester is fairly used to the limelight as it regularly features in historic town reviews. But a fair appraisal of the property in our historic town is that the market is actually incredibly diverse and will continue to expand over the next decade. History dating back to the […]
With an 8.5% drop in house sales but a 4.4% rise in house prices, is Brexit actually affecting our market?
The news is currently crammed full of features about the housing market grinding to a halt over the last couple of weeks and certainly, from what I’ve seen, sales have slowed. One associate who put his house in a lovely village in Medway on the market two months ago, has had only two viewings. Some […]
