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The Best Areas of the Medway Towns to Invest in Buy-to-Let

Posted on 25/03/2023 by Iqbal Nugroho

Rental Demands

Medway landlords will find letting demand not only from the local market but also from those who come to work at the workplaces in the area. There is also some demand for short-term lets and student accommodation in parts of the area.

How much can Medway towns buy to let investors make from a rental property? Market rent summaries published by Home.co.uk say that average monthly rents are currently £1,139 PCM in Chatham, £808 PCM in Gillingham, £1,027 PCM in Rainham, £1,150 PCM in Rochester and £1,073 PCM in Strood.

What are Medway properties yields like? The Medway area is covered by some or all of the Medway ME1, ME2, ME4, ME5, ME7 and ME8 postcode areas. Current data from property xyz suggests that average letting yields are 3.9% in ME1, 4.3% in ME2, 4.9% in ME4, 4.6% in ME7 and 3.9% in ME8. (No data available for ME5.)

It is always advisable to check possible achievable rents and yields for a particular property with a letting agent.

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alternative ways to sell your house buy my house home realtor home sellers house buying companies house realtor houses how do you search by mls number? how to sell your home online how to sell your house by owner how to sell your own house my realtor national association of realtors realtor realtor.com find a home realtor.com florida realtor.com mi realtor.com official site realtor.com rentals realtor.com texas realtor definition realtor homes for sale realtor logo realtor md realtor nc realtor near me realtor net realtor on realtor one realtor pa realtor pronunciation realtors realtor websites sell home by owner sell home for cash sell home online sell home quick selling a house sell my home sell my own home steps to selling a house by owner the realtor the realtors what does a realtor do yahoo real estate listings

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