Every time I go on a rental valuation I am asked this question…. My response is simple, if the property is correctly priced, it should have immediate interest in this buoyant market, and be under offer within a couple of weeks. The key point however is having the property correctly priced. There have been many times when I have valued a property and the owner has requested a higher price and then wondered why the property hasn’t rented!

The market is good, but that is no excuse to be greedy with your price. Remember that other  properties on the market you  may have seen advertised at a higher price, are STILL on the market and NOT under offer, so you must be guided by the professional opinion of the valuer. If you obtain a variation of prices, please ask to see comparable evidence of properties, which HAVE been rented out already, and recently! Your local Parkheath Lettings offices undertake an average of 50 tenancies each month, so we are exceptionally qualified  to tell you exactly HOW MUCH YOU CAN ACHIEVE for your property. We would definitely have rented a similar property in the recent weeks and we will know what you can or cannot achieve. The whole point of using a  Lettings Agent, is to pick one with the relevant experience you require, and to tap into that  experience. Remember, the valuation will be as high as we can achieve, as the more you get, the more we get, but we are NOT going to give you false hope, or unrealistic expectations, for that you need to look elsewhere…

What property is guaranteed to rent?

Land and New Homes : 30 April 2008

"What type of property is guaranteed to rent at the moment?" is probably the question I am most commonly asked ….

For anybody living or working in the area it is clear to see how much land is currently being redeveloped. As a result of this it is essential to create and build relationships with local developers in order to stay ahead of the competition in the market place. Parkheath does just that. With leading Land & New Homes, Sales and Letting Departments, Parkheath have a unique advantage, cross networking and therefore providing a service second to none, giving developers, buyers and landlord's the chance to get the most for their money. A fine example of this are the 24 beautifully constructed apartments within the NORTHWEST DEVELOPMENT situated opposite Watford Junction Station, developed by Valentines Homes.

The attention to detail and the high quality finish make these stunning apartments a cut above the rest, with gated parking at the rear and a location that commuters into London can only dream about….

They are  proving to be fantastic rental investments. Parkheath have been successful in letting5 of the luxury ne bed apartments before they have even been completed, which is notoriously hard in the lettings industry, prospective tenants will usually wait to see the finished product until they are billing to put any money down. Not only have these apartments rented quickly they have also been  achieving rental figures ranging from £800 - 900pcm, not forgetting these are one bed properties,  the rental prices are well above average for the local area. Bear in mind the original question of the best rental investments around, I think you will find the question well and truly answered….

Quoted from our happy

Landlords….

As Landlords of an apartment at the new NorthWest delevopmentt in Woodford Road, Watford, we appointed the services of Parkheath to source a tenant. We knew the a p a r t m e n t , developed by Valentines Homes, was finished to a  high standard with quality fixtures and  fittings, in an excellent location close to the Watford Junction Main Line station, with secure off-street parking, so we set our rental expectations accordingly. Having worked with both the developer and ourselves, Parkheath shared our enthusiasm for the property, and knew exactly what we were looking for in a tenant. Within 2 days of their letting instruction, Parkheath had viewings arranged, culminating in a tenancy being agreed on the 4th working day. Not only were we kept fully informed throughout the process, but our rental expectations were exceeded and we are delighted with the result.

Susan & Paul

Why do I need a ‘To Let’ board outside my house?

Rickmansworth : 19 March 2008

I am asked this by Landlords time & time again so I wanted to give you an idea why a board is important to you!

1Board enquiries are higher than enquires from any other source, including local press advertising or internet enquiries. If you need to rent your property quickly, you NEED a board.

2 Many tenants are just waiting for the right property to come available. They may need to be close to a station, near a certain school or close to family. These chaps may not register for property or actively look in the local paper (they may not even be from around here, so they wouldn’t necessarily have access to the local papers…) but they rely on seeing the ‘To Let’ board or up (or their friends/family to notify them), so without a board you are really MISSING OUT.

3 I have waited at many properties for applicants to show, only to discover they ‘couldn’t find the property’ and moved on to their next appointment. I can categorically say, this happens 100 times more when there isn’t a ‘To Let’ board to look out for! Let’s face it, the majority of tenants are from out of the area, and not everybody relies on sat-nav these days!

Just a few of the reasons to order that board. Be proud of your Rental Property and stop considering the board as an ‘eyesore’ when it could be your magic potion for securing the best tenant in the quickest time possible.