How Can You Find a Good Property Deal in Leigh on sea?

The subject of a lack of Leigh property bargains over the last couple of years has always been near the top of most local landlord’s thoughts.  I have built up and extensive database of every property sale in Leigh on sea since the late 1990’s so am able to give an objective and unbiased opinion on what (and more importantly what does not) make a good property deal/buy to let investment. 

Knowing what is happening and what has happened to the property market in the towns or comparing them with neighbouring towns and cities such as Southend, Benfleet or Hadleigh, enables me to spot any trends or opportunities for local buy to let landlords. 

One bargain I spotted last year was a three bedroom semi-detached house on London road in leigh on sea. It came onto the market in July 2012 and eventually was reduced to £229,995 selling in the summer of 2013 for £220,000.  A matter of a few months later the property came back onto the market for £245,000.  Comparing the before and after photographs in classic “Homes Under the Hammer” style, and all the owner appeared to have done was replace some carpets, redecorated with emulsion, bought a few hundred pounds worth of tiles and new worktops for the kitchen.  It sold almost straightaway for the asking price of £245,000 which is a rise of 11% in around 18 months.  Even more interesting when you consider that, during the same time period, property values in this area only rose by 4.5%.

Nowadays, I post my “deals” on the Leigh Property Blog so everyone has a chance to spot any Leigh on sea buy to let bargains.  As I don’t sell houses I can give an objective and unbiased opinion on what does or does not make a good investment and I look forward to posting deals on a regular basis on the blog for consideration. 

Whether you are a landlord of ours or not, or someone of investing in the rental market for the first time, please drop by our offices of for any advice or opinion