Skipton house prices
It is quite apparent that since Brexit the value of properties in BD23 and Craven in general have been on the increase. Fuelled by buy to let investors and families seeking a quality of life the Skipton area has to offer, house prices have seen a rise of up to 4% in the area. Investors are confident of achieving around a 5% gross return when acquiring a typical stone terrace in the district as there is an abundance of genuine couples and families seeking rental properties. Currently demand for rentals exceeds supply so investors are almost guaranteed instant returns. James Pye & Son has seen a solid and reliable interest in rents , showing an increase in let’s so far in 2018 of 11% on the previous year. Great news for existing and new investors. For a detailed appraisal of the current buoyant rental market send in an email or call Paul to discuss the market going forward.
Invest.......Paul will do the rest ! Take is from Pye’s prices will rise and they have a waiting list of eager tenants hoping for decent quality houses.