Sheen rental market update – July 19

With circa 70 properties being marketed by private landlords, inventory levels are currently low in this highly desirable area. 

Asking prices for 1 beds are averaging £1,275pcm,  with the market data suggesting strong demand and low void periods.

2 beds are averaging £1,650 pcm.  We see evidence of overpriced flat(s) which have been on the market for several months, an issue which astute landlords and their letting agent can avoid.   

3 bed properties are averaging £2,300.  Market supply is reasonably limited and segment appears to be moving extremely well.

We hope you found this update both helpful and informative. Feel free to signup in order to receive future updates.

Pete

* Data sourced from both Rightmove and Zoopla.

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