Buying Rural Properties To Let
While there is significant demand for rural properties as people look to lead a more enjoyable lifestyle in the country, this isn’t just the case for property buyers.
As with the markets in towns and cities, there is greater demand for rental property these days. Therefore, buying rural properties to let is a viable strategy for landlords, and property investors.
We help you enter the rural property lettings market with confidence
At Prestige & Village, we are on hand to help you find rural properties that tenants want to live, but which also deliver a good return on your investment. There is no point in choosing a rental property that doesn’t attract tenants, nor do you want a property that costs you money rather than generating income.
So, if you are interested in buying rural properties to let, contact Prestige & Village, and we will do everything we can to assist you.
Why are people looking to rent rural property?
Firstly, why not? No one questions why someone chooses to rent property in a town or city, so renting rural property is just as valid.
With remote working, there is greater flexibility where people can live and work. A lot of people found themselves tied to a city or town because of their work. With this no longer being the case, people are pursuing the chance to live in a more rural or village setting.
If these people rented property in a town or city, they might be looking for the same sort of solution in a rural area. This means these people are keen for rural rental opportunities, which is something landlords should consider.
Renting helps people know an area
Of course, switching to a rural lifestyle is a big change for many households. It is natural some people prefer to dip their toe into this market before they make a major commitment.
You will find many rural tenants do so before they commit to buying a home, as this allows them to be sure of this change. Rural living isn’t for everyone, even if the thought of this living appeals to you.
Renting property for the short-term makes sense, and this is another factor that landlords must bear in mind.
Some tenants want to rent rural property for the long term
Then again, some tenants want a long-term solution when renting rural property. Not everyone wants to own property, not everyone can afford to do so. So, renting for the long-term allows people the comfort and confidence of staying put in a way they can afford.
Many landlords are comfortable in letting property on a long-term basis. If this is good for you, there will be many willing tenants.
Contact Prestige & Village for all your property market needs in 2022
At Prestige & Village, we care about our community, and supporting others. We aim to provide you with as much help and assistance as we can. If you have any property or housing questions, please feel free to contact us today.Back to blog