Local property - buy to let What is drawing people to the area, and what does this mean for buy to let investors? One of the South West’s main characteristics is its size, there are plenty of places to choose from for your buy to let opportunity. It is the largest of the nine English regions, covering 9,200 square miles. It is said to be the least densely populated area in the country. The open spaces, beaches, historic fishing villages and laidback market and surf towns make the region very appealing. With so many factors contributing to the strong demand, it is no surprise that rents have increased over the past year. Overall properties are letting within the first few days of marketing, and the rental market has seen an increased demand from renters looking for all types of properties. The UK’s largest property search site Rightmove has confirmed that Devon is now the second most searched location at the moment, with Cornwall in the top spot. Data shows that rental prices have risen 3% in the last 12 months. Housing market information provided by Webbers, South Molton
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