Rule #4 Condition Is Important
As a lettings agent, we’d prefer landlords to give us well presented properties in worse areas, than badly presented properties in good areas. That’s because nice tenants want nice properties, and as Southampton has very few no go areas, people are more likely to be flexible on where they live, as opposed to what they live in.
As such you should either buy a nice property, or buy a grubby one and make it nice. Don’t buy a grubby one and expect a tenant to take it as it is. Any tenant that does take it probably won’t be that good a tenant.
This blog follows the property market in Southampton. You'll find tips, guidance, and analysis that relates specifically to Southampton and you'll also find properties from all the estate agents in the town on here that may make decent investments. I own and operate Belvoir Lettings, a Southampton Letting Agent, and if you're thinking of buying a property to let in Southampton, I'm happy to offer a second opinion.
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