Not all property will fare well on the rental market, one industry expert advises.
Alan Ward, chairman of the Residential Landlords Association, says some properties have the ability to hold their value more than others, with two-bedroom flats just one example of this.
"Well-presented property must always have an advantage for the best rent but good management comes a close second," he suggests.
Clear tenancy agreements also have their advantages, Mr Ward states, which need to be coupled with a clear inventory and photos in order to "give the tenant confidence in the landlord".
The Association of Residential Letting Agents reported in December 2008 that nine out of ten landlords were neither selling or purchasing rental properties.
It also found the average value for prime central London was £828,900, while the figure stood at £306,000 in the south-east and £221,800 in the rest of the country.
See Also: Property News (6705)
Date Published: 10 March 2009
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