Member Article

North Leeds Property Agent Launches New Investor Service

WITH North Leeds widely recognised as one of the region’s best performing areas for residential property investors, Headingley’s only dedicated professional lettings specialist, Morgans, has launched an in-depth property investment advice service for potential landlords.

As part of the service, the company continually and proactively scours the market for strong investment opportunities and views properties on an ongoing basis on behalf of prospective clients. The company will also carry out full independent rental appraisals of individual properties, based on its experience of renting to professionals in the area for nearly 20 years.

Managing Director of Morgans, Jonathan Morgan, says: “Investors that arm themselves with professional advice from the outset can achieve superb rental yields in Headingley that exceed the national average.

“Because we are not sales agents, our new investor services offer new and existing landlords a unique opportunity to gain an entirely objective view about a property’s rental potential and value, which will ultimately help them decide whether or not to buy it. We can also assist investors in pinpointing the best properties in the most sought after parts of Headingley, as well as share our in-depth market knowledge about how best to maximise yields.

“This might mean carrying out some selective refurbishment work in order to maximise value, and this is another area we are vastly experienced in. We also work with a network of local professionals to carry out such work, including builders and architects. Finally, potential investors can take advantage of our partnership with The Mortgage Advice Bureau, which offers up to the minute specialist buy to let mortgage advice from a full range of lenders.”

Headingley was recently named as the UK’s top rental hotspot in terms of yields by comparison site TotallyMoney, which revealed that investors buying property in the LS6 postcode, can achieve rental yields of up to10.79%, which compares to the national average of 3.3%.

Morgans first opened an office in Headingley in 1998 and now operates from a 1,200 sq ft office opposite Headingley’s Arndale Centre on Otley Road offering tenant, property investor and landlord services. It manages a wide selection of homes from one bedroom apartments through to large family homes ranging from £500 to £1,500 per calendar month and operates across Adel, Burley, Chapel Allerton, Far Headingley, Headingley, Horsforth, Kirkstall, Meanwood, Moortown, Roundhay, Weetwood and West Park.

This was posted in Bdaily's Members' News section by Steven Wright .