9 Dec

"Fantastic" value offered by 2-bed houses

"Fantastic" value offered by 2-bed houses

Consumers looking to take their first few steps on the property ladder could be tempted to invest in a two-bedroom abode, following comments from one sector commentator.

Paul Holmes, chief executive at Firstrung, said that such properties offer a range of benefits to people.

He explained that houses or flats of this kind are very flexible and present opportunities for rental.

In addition, two-bed properties are also relatively low-risk and allow people to quickly take steps to fully own the structure due to their size.

"If you can buy a two-bedroom house - in terms of return on your investment, they are fantastic," he concluded.

Mr Holmes made his remarks after Halifax published its house price index for November 2009 in recent days.

The figures showed that property prices rose by a total of 1.4 per cent over the course of the month, taking the average value to £167,664.ADNFCR-1222-ID-19503350-ADNFCR

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