The residential rental market has been steadily growing over the last few months with landlords and agents seeing a welcomed upturn in tenants looking for rental properties in all areas.

The market has increased by 60% over the last few months with the demand for rental properties exceeding the supply as many more Tenants are searching for larger indoor and outdoor spaces to accommodate their lifestyles. This has given landlords more choice of tenants with at least five applications to choose from for every property that becomes available to the market.

Demand has Increased Rental Values

The demand has also driven rents up, with the average rent increasing from £595 per calendar month to £750 giving landlords and property investors a lot to consider when letting or increasing their property portfolios in and around the Newport area.

We have seen a large increase in NHS Staff and their families searching for accommodation in all areas as we are ideally situated to service all six hospitals.

LANDLORDS – what are you waiting for???

WE NEED MORE PROPERTIES!! YOU NEED TENANTS!! Help us accommodate our growing database of qualified tenants waiting for properties to become available.

Please phone 01633 401070 or email smooth@smoothmoveagents.co.uk