I have built up an extensive database of every property sale in Telford since the late 1990’s, so are able to give an objective and unbiased opinion on what (and what does not) make a good property deal / investment.
Knowing what is, and what has happened to the property market in the different areas of Telford (the differences of the property markets in Admaston, Wellington and Stirchley for example) or comparing the town against say Stafford or Shrewsbury, enables me to spot any trends and opportunities for buy to let landlords.
One bargain (of many) that I spotted a few years ago and made a note of was a lovely 3 bed semi on Rose Crescent in Wellington. It sold in the summer of 2011 for £124,995. Admittedly it needed some TLC and a lick of paint, but what a bargain, because it was sold it again this June for £155,000.... A 24% increase in three years. Average property values in that part of Telford in the same three years only rose by 6.72 %!.
Whether you are a landlord of ours or not, or someone thinking of investing in rental market for the first time, drop by our offices at Grays, Forgegate in Telford or call 01952 306 444 for any advice and opinion on where the bargains are in Telford.
If you are wanting to know where I think there are some good investments to be found then take a click to the www.telfordpropertyblog.co.uk
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