Mon, 28 Jan 08
Property bargains in the South-West are going begging, reports Assetz...
With so many investors in recent years looking at investing in property in
This, at least, is the view of the Southwest Property Network, which represents a range of property firms involved in the region. While the West Country is well known as a holiday destination and popular with second homes, there is more to it than that, according to spokesman Rob McCabe.
He said: "There are a lot of opportunities in the south-west and a diverse selection of properties. You can get a cottage in the countryside or a waterfront apartment. It's a popular place to be."
Excellent transport links
The appeal, he noted, was not just to the old and retiring either: "The south-west has good train links for people who work, which is important. There is a growing community of new companies opening and expanding across the south-west, particularly in
With economic expansion may come jobs, but for those looking at investing in buy-to-let it may be worth noting that the kind of people who come down to the west country, according to Mr McCabe, are also there for the lifestyle.
He said: "It's not only the property - and you can still buy a reasonably priced property here, but it's the way of life which is the attraction," pointing to countryside, forests and beaches as one aspect and noting that the most common demographic is young families where the parents are in their 30s. Thus to serve this market investors should be looking at family homes.
Mr McCabe described
Huge net migration
Recent figures from
Perhaps the most important
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