Published by: Jamie Goodwin
Greenwood Property Consultants are seeing a very competitive rental market in Colchester, particularly in areas like Stanway. With a 2-bedroom house renting out in just 24 hours and receiving over 30 enquiries in that short time frame, suggesting a strong demand for properties, likely driven by limited availability.This could indicate a growing trend where rental properties in the area are becoming more sought after, potentially due to factors like population growth, an increase in people moving to Colchester, or small amounts of properties in the rental market.
Are you looking for advice or more details on the market trends in Colchester? Or perhaps you're thinking about entering the rental market yourself?
Demand is high across different types of properties, not just houses but also apartments in the City Centre. With over 20 enquiries on a 2-bedroom apartment, it’s clear that Colchester is a hot rental market right now.
Our focus is finding the best tenant in the best time, making what we feel in a competitive environment the professional way of doing things. It’s key to not only secure a tenant quickly but also to ensure they’re the right fit, both for your property and for the long-term stability of your rental income.
Streamlining the tenant vetting process, setting clear expectations, and having solid screening procedures in place will help ensure that the right tenant moves in.
Colchester Estate and Letting Agents