Skip to content
Menu

Market Commentary – January 2017

26th January 2017

James Peacock continues to take a lot of enquiries from private landlords and investors with regards to the Warrington lettings market, in particular addressing concerns with the change in interest relief for landlords in April 2017.

Rental yields continue to remain strong in the town, and we have recently advised two landlords on property purchases that have resulted in double-digit yields. Whilst these may be an exception, it is evident that cash-buyers still hold the trump card when it comes to negotiating with sellers. Coupled with knowledge of how best to refurbish a property and attracting the right tenant, we believe that Warrington can out-perform both the Manchester and Liverpool rental markets.

James Peacock doesn’t forecast that rental prices will increase in the short-term. However, there continue to be opportunities to purchase good Warrington housing stock. A purchase of sub-£100k in the right location can still attract rentals of £600 per month, and a yield of 7%.

For impartial advice with regards to the Warrington property market, please contact Adam Jude on 01925 243366 who would be more than happy to meet for a coffee and talk through options.

We’re Here to Help

Get in touch and one of our dedicated team will get back to you as soon as they can.

Get in Touch

Contact Us

Testimonials

Testimonials From
Satisfied Clients

Mr & Mrs A

‘We couldn’t be happier!’

‘Very smooth and quick tenant process, brilliant communication, very friendly and helpful. Moved in when agreed, property in very good condition. Jobs are done when asked.’

Matthew

Smooth & Efficient Handover

‘As a landlord who has recently transferred my properties over to the JPP, Pam, Beth and the team were fantastic and made the transition completely hassle free keeping me informed throughout the process. I have already recommended JPP to my friends and family.’

DT

Courteous & Trustworthy

‘I have let my properties for a number of years, and James Peacock have been the most professional letting agent that I have used. They are courteous, trustworthy and always quick to raise any issues on my portfolio.’

Paul & Carolyne

Stress Free

Having recently moved from one of James Peacock properties to a larger property under their management, we can only say how helpful both Pam & Beth were during this process. They managed to make the move as stress free as possible and we were very grateful for all their assistance. Thank you