top of page

WHY KENT IS A GREAT INVESTMENT IN 2022 ESPECIALLY FOR TRAVELLERS

Kent.jpg

Recently named one of the UK’s best performing small towns, Kent’s location is perfectly located between London and Europe. A County that offers flexible amenities and has an abundance of talent and quality of life with multiple spaces to grow due to lower living costs.

​

Kent’s economy was and still is based on the light industry, financial services, utilities industry, retail and entertainment as well as tourism and transportation. The Port Of Dover and Channel Tunnel (Eurotunnel) are some of Kent’s greatest attractions and significant contributors to Kent’s ever growing economy.

Kent is home to over 70,000 businesses varying from the UK’s best brands to well-known tech start-ups. More and more aspiring businesses are choosing to expand in Kent rather than face London’s soaring business costs. Creating a great economy for Kent.

 

Rental Demand In Kent

Kent’s rental market varies. It offers multiple options of buy-to-let property for all investors. The demand meets a global scale and a local scale, as there is demand for all investors and buyers alike. Kent’s rental market varies from student accommodation to investment opportunities and to housing rentals.

​

Kent’s low property prices in certain regions of the county make it popular for HMO’S which tend to offer good yields ranging from 5-8%, as HMO’s are very popular for Kent it is important for investors to check permit statuses. Kent’s rental yields can vary as some areas have a 3% return and more, however as stated there are areas that have a minimum of 5-8% sometimes even higher.

 

Housing Prices In Kent

Generally house prices in the South on England tend to be higher than the rest of the UK, Kent varies with this statement. Parts of Kent meet the standard Southern prices of £300,000 and above whereas some areas of Kent have cheaper property. The cheaper side to Kent’s housing prices make it a good place for investors to invest in compared to London and its counterparts in the South.

 

According to Zoopla Kent’s most expensive city is Sevenoaks and its cheapest Medway and Thanet. With some of its most expensive properties exceeding up to four millions pounds to its lowest being £40,000.

 

Kent Property Investments, are they any good?

As stated earlier Kent is a county that offers multiple buy-to-let options for any type of investment whether it be HMO’s, rental houses, off plan property, Kent has it all and with great rental yields when compared with the prices of buying property, making it a very good investment for the rental market. As Kent is a mixed county in terms of property expenses it is definitely worth investing in as its main key factors such as ease of transport to Europe and London make it a key location for any travelling individuals whether they are doing business to and from Europe or for your average traveller who needs ease of access to the South of England and Europe.

 

If you are interested or considering investing in Kent and would like to see any available units we have or to get additional information about the area feel free to contact us at info@sourcedinvest.com or give us a call at 0800 249 5600

bottom of page