Has hope been restored?
I would certainly answer yes. In the last week the number of enquiries through homesellers estate agents in Basildon has risen dramatically for sales. Property prices have stabilised and asking prices have been met. Properties are achieving closer to the asking and investors are preparing themselves for the up turn.
Is it a good time to invest?
Evidently yes, investors are gradually tapping the market and having a nibble with the buy to let's. Its a fact that homesellers have had a huge increase in enquiries through investors thinking about purchasing a property for a buy to let
Where is a good place to invest?
Basildon offers potential investors great returns on his/her investment. A typical 2/3 bed house will fetch in the region of 120-140-000 and could achieve up to 800 pcm. There are benefits for investing in Basildon:
* house prices are relatively cheaper
* rental prices are comparatively similar to other areas
* Basildon has main line station to london
* Employment in basildon is no different to other areas in essex.
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