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Monthly archive for September 2020

Is Your Home Ready To Sell This Autumn?

Is Your Home Ready To Sell This Autumn?

Historically autumn is a really busy time in the housing market in Peterborough. Experts think this will be even more the case now. With people stuck in their homes during lockdown, more and more are looking for a new home. This could be a new home with a larger outdoor space, in a nicer location, nearer to shops or with space for a home office.

September and October are often the most fruitful months of the year for sellers. But, is your home ready to sell this autumn?

The Garden

Especially at this time, the garden is a huge bonus for homebuyers. Make sure you make the most of your outdoor space and make it beautiful. Whether this is a tub of brightly coloured flowers or a hanging basket with beautiful leaves, you need to make it look like a lovely garden. Seasonal plants will add character and life to your garden. Just before you have viewings and your house photos, make sure you clear up fallen leaves. These will be very common in the autumn months so you will need to keep on top of the dead falling leaves so your garden looks well maintained and cared for.

Natural Light

The autumn months do mean darker evenings. However, the autumn weather can mean darker days too. Call the window cleaner round to clean the windows. This will help let as much natural light in, while making your home look clean and tidy. Push back the curtains and roll up the blinds so natural light isn’t blocked from coming in. If you have viewings in the evening, make sure outdoor lights are on. This will create a welcoming feel to your home. Use the lighting inside your home to create a warm and cosy feeling, but ensure the rooms are well lit. A well-lit room looks bigger and more spacious.

Daytime Viewings

Make sure your home is available and prepared for daytime viewings. Some homebuyers will take the day off work to view a number of homes in one day. With little natural light in the evenings, a sunny day in September will also show your home off much better than an overcast evening. Don’t forget that the evenings will start to get chilly. Pop the heating on. This way the home is warm for the arrival of the potential buyers.

Overview

Many sellers think the autumn months are a poor time to sell a home, but it’s often a very good time. Sales will often go through quicker as people are keen to be in their new homes by Christmas. There is always a lot of activity in the housing market when the kids go back to school. Make sure your home is ready to sell this autumn. Give us a call for some more tips and advice for selling your home in Peterborough this autumn.

Property Investment in Peterborough

Property Investment in Peterborough

There has been a real buzz around Peterborough and property investment in the city centre for a while now. It makes sense! There are some big development plans taking place in and around the city. Peterborough also has great transport links to bigger cities and is undergoing some massive regeneration works at the moment too.

If you’re considering investing in property, property investment in Peterborough should definitely be on your radar.

Works are going ahead to regenerate 20 acres of derelict land at Fletton Quays. This area has been awarded with £120 million. A further £100 million is being spent on a leisure-led development in the centre of Peterborough. This will be known as North Westgate. These are some big improvements for a relatively small city.

There are plans by Peterborough City Council to increase the housing supply in the city by 30% within the next 16 years. The development of 5,600 houses in the south of Peterborough has already begun. The redevelopment plan in Peterborough will see several areas of the city centre being rejuvenated. As this takes places, new jobs, homes and outlooks will be available to those living in the city.

This will also generate more interest to outsiders that want to move into the city and take advantage of the 45-minute commute to London city centre. Peterborough offers low property prices and a lower cost of living too. It is no surprise that those working in London are now looking to make the move from the capital to our city of Peterborough. The green spaces are a huge plus for those moving from London too.

As well as excellent train links to London, Peterborough benefits from other excellent transport links too. Peterborough is minutes from the A1 and east Coast Mainline. Those living in Peterborough can get to Cambridge within the hour. Meanwhile commuting to other cities such as Birmingham and Leeds will take no more than 90 minutes.

If you are considering investing in the rental market in Peterborough you will be interested to hear that there are a higher percentage of young people in Peterborough, compared to the rest of England. In fact, in Peterborough we have 41% of our community aged 29 years or younger. The national average stands at 38%. Younger people will tend to choose rental properties in Peterborough instead of buying a home due to the flexibility renting offers.

In recent years this area has been highlighted as a buy to let hotspot for those considering property investment in Peterborough. This is because of the location, population, demographic, affordable housing and regeneration plans.

Experts predict that the buy to let property market in Peterborough will achieve good capital growth. It is also felt that these projected yields will be over the national average.

Here at Letters Group we aren’t surprised that property investors are getting excited about Peterborough. We think it’s a great city with a lot of potential.

If you’re looking to buy a home in Peterborough or invest in a buy to let property, call our team now.