2 Jun

Good time to invest in houses to rent in Glastonbury?

Good time to invest in houses to rent in Glastonbury?

Landlords looking to add property for sale in Glastonbury to their portfolio may find now an ideal time to invest.

Almost half of buy-to-let investors believe now is a good time to purchase properties to let, according to LSL Property Services.

The company's latest landlord survey has found that 68 per cent of respondents believe tenant demand will grow over the next 12 months.

Their predictions come after the past three months saw 52 per cent of buy-to-let investors experience a rise in demand.

As a result, 86 per cent of landlords polled plan to maintain or expand their portfolios in the coming months.

David Newnes, a managing director at LSL Property Services, commented: "Optimism among landlords is not only buoyant, but increasing.

"Soaring rents and climbing demand from frustrated first-time buyers are … making buy-to-let an attractive proposition for new property investors."

Houses for sale in Glastonbury may present an attractive investment opportunity for landlords looking to cash in on short-term lets.

Its annual musical festival attracts thousands of visitors from across the UK, and houses to rent in Glastonbury may be an appealing alternative to camping during the three-day event.ADNFCR-1222-ID-800565833-ADNFCR

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