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Buy-to-let investors experience brilliant returns in London

The London rental market has experienced yet another brilliant month, with rental values rising by more than 4%.

From an investors perspective, the observation of demographic changes makes interesting research. The rental market remains strong as many of the millennial generation choose to rent as their job requires mobility.

According to research from JLL, August – September saw a 49% increase in tenancies starting in June and July, and on average, saw 3.3 new tenancies beginning everyday.

The good news for buy-to-let investors continues as tenancies are tending to be agreed within hours of the property coming to the market.

Key Facts:

Price of an average property in London has increased by 44% since 2008

Fastest growing London borough – Croydon

House prices in Croydon have increased by:

320% in 20 years

35% in 5 years

11% in 12 months

The average property price in Croydon – £300,000

Inspired Homes start at – £234,950

To find out more, please contact Inspired Homes on 020 7495 0523.

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