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Not so. I've so far ignored all the pricing advice that the letting agents have come up with and I generally tend to price property between 10-15% less than what they advise.
This guarantees me a long term tenant, which you'll understand is almost entirely the name of the game.
In 15 years it's been empty for 12 weeks.
%~}
handtightenonly
I've dispatched my brother to look at three flats in Wimbledon this weekend - purely for investment purposes.
Criteria is as follows:
1) Ten minute walk from the station.
2) Five minutes from Pub/convenience store.
3) Not too concerned about building/adding any particular value to it.
I'm what you might call a long-term investor.