PT x Paragon - Regional Surveyor Monthly Market Update: Norwich скачать в хорошем качестве

PT x Paragon - Regional Surveyor Monthly Market Update: Norwich

Property Tribes is delighted to launch a new content collaboration with Paragon Bank. Entitled "Regional Surveyor Monthly Market Up-date", each month we will be getting local market insights from Paragon's in-house team of experts. The aim of the collab is to provide Property Tribes members with the sort of granular knowledge that people who know the area have and help them make informed investment choices. For the first edition, we focus on the thriving town of Norwich and all it has to offer property investors - from single AST BTL to HMOs to co-living to holiday lets. ​The county town of Norfolk which over the last 15 years has seen much development with an improved road infrastructure and main line rail links to London.  Population approximately 140000 approximately 13% of which are students (average age 34).   Major employers in the area include the University of East Anglia, Norfolk and Norwich Hospital, Aviva insurance and the John Innis research institute.   Post codes NR1 – NR9 cover the majority of the city and Paragon surveyors regularly inspect properties in all these areas as there is generally a strong rental market across the city as a whole, but the type of investment (SCU/HMO) varies on location.  Home.co.uk’s Norwich Market Rent Summary says that the average rent in Norwich is currently £969 per month. Landlords in Norwich can expect to earn an average £654 PCM for a one-bed property, £861 PCM for a two-bed property and £946 PCM for a three-bed property. A four-bed property in Norwich will earn an average £1,330 PCM in rent and a five-bed £1,840 PCM.