In the UK, the number of buy-to-let landlords recently hit an all-time high of 2.7m. This shows this form of investment remains an appealing way of investing. During 2020, there was even a significant increase in demand from first-time investors and landlords.

While stocks and shares have been volatile, property has remained a more stable form of investment. And the buy-to-let market will likely remain strong even through upcoming challenges and uncertainty.

Northwood Hereford are specialists in Investor Sales and have witnessed this ‘boom’ in interest from buy-to-let landlords, both new and seasoned investors. We have completed more investment sales in the last 12 months than on regular residential sales and this is a good indicator that the Hereford market is strong!

Currently we are marketing a few properties that we think are well suited for an investor buyer:

3-bedroom end of terrace house located in Crossways, Peterchurch, HR2. A tasteful end of terrace property with garden space and garage. Contemporary finish comprising; living room, kitchen and dining room with patio doors to the rear garden, three well-proportioned bedrooms and a newly refurbished bathroom. Investors - £675pcm - Yield: 6.3%. Asking price £130.000.

1-bedroom recently refurbished ground floor apartment situated in Golden Post, Hereford with plenty of amenities nearby, yet only five minutes to the city centre. Recently carpeted and decorated throughout to include a new kitchen and bathroom. With gas heating, double glazing, and rear garden. Full rental history – all safety certifications in place, no cost to transfer tenant to new owner. Above average yield 7.2% - Rent £475 PCM. Excellent tenant in-situ. Asking price £80,000.

We will also soon be marketing yet another apartment in the modern Mundi Court in the centre of Hereford. Another great investor opportunity with yield at 6% from a rent of £550 PCM, achievable rent however is more at the level of £600 to £625 PCM obviously raising the yield.

To enquire about the above properties contact Northwood on 01989 764050 or hereford@northwooduk.com