Maximising the commercial potential of your property during London 2012
Posted: 14/03/2012
Landlords and investors with properties in the 'Olympic area' may have seen an increase in rents over the last year as the supply of potential tenants increases beyond available properties.
Key issues are:
- how long will this pattern continue and what is the likely demand for rental properties now and in the legacy period after the Games?
- what terms are appropriate for a short term lettings during the Games and will tenants sign up to six month terms or agree to a landlord break right?
- can good rents be acheived for properties available for long term lettings?
- will there be a glut of available properties in the legacy period as properties become vacant at the same time and will this depress rents?
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