Kennington Sales and Lettings Market Insights for Q4 2017
Area Guide - News
Living In Kennington : Area Guide - 158
Kennington Lettings Market Update
The market in the Kennington area has been extremely erratic. Viewing levels have gone down drastically from last year, but this has not impacted on the level of transactions or the delivery of deals. Due to the high demand for rentals, our lettings department has added another fantastic member to the team Henry Okereafor, who really is showing the other estate agents how to let properties.
There has been a real shortage of good quality properties in Kennington due to many factors. The 3% stamp duty has taken the buy-to-let landlords out of the market and there is virtually no properties being bought for buy-to-let. Kennington’s rents are extremely well priced and the quality is very good, so a lot of tenants tend to renew their properties and stay well over the national average. It is not unusual in Kennington to have a tenant that will stay in excess 5 years. We have had some of the best tenants in London and we could have the perfect tenant waiting for you.
If you are considering letting your Kennington property in the near future, we may already have the perfect tenant waiting for it. For further information, or to have a chat about how much your home might be worth, contact Wayne Lewis (Lettings Manager).
Kennington Sales Market Update
Going in to the last quarter for the year, we are extremely confident that we are going to smash this year’s targets. The market has been extremely challenging and it’s vital that you get an expert into your property to give you the best advice. We have had an extremely successful few months and this is testament of our hard working team. As long as the property is priced correctly and the marketing material is at the highest standard, we are confident that we can get you the best price for your property.
We have an extremely strong pipeline of deals, fantastic stock levels and showcase the best prices for properties in the central London area. We are confident that we could guide you through the right investments.
If you are considering selling your Kennington property in the near future, we have already have the perfect buyer waiting for it. For further information, or to have a chat about how much your home might be worth, contact Ian Boardman (Sales Manager).
