Become a Bridlington landlord with the help of Hunters. This seaside town has lots of opportunities for landlords, with a bustling property market, and plenty of potential tenants. Whether you’re an experienced property-letter, or just getting started, our friendly team can help you get everything sorted. This guide will give you a brief overview of what it’s like to be a landlord in Bridlington.
Bridlington - What’s the Area Like?
Bridlington is pretty much the perfect seaside town. Lots of nice, sandy beaches, gorgeous ocean views (especially in the summer) and lots of activities for you to get involved with. It’s also home to a lot of independent shops and restaurants. The local residents seemingly prefer this to being surrounded by chain establishments. There’s lots of nature, both by the water and further inland. Cycling, climbing and walking are all popular pastimes. It becomes a bit of a tourism hub in the summer, as many seaside towns do. But most residents are ok with this.
Residential and Commercial Properties
If you’re interested in purchasing a residential property, for buy-to-let purposes, then you have a number of options. There are lots of flats and terraced houses in the area. They’re very affordable, and can earn you a substantial amount over the long-term. Likewise, there are a few bungalows and semi-detached properties too. These are generally a little bit more expensive to buy, but can generate more in rental fees. As a seaside town, Bridlington also boasts a number of hotel-type properties. They can be bought and operated for commercial profit, should you so wish.
Housing and Rental Prices in Bridlington
As mentioned, Bridlington is not a particularly expensive place to live. It does have some luxury properties, but these are quite rare, and not often found on the market. The average cost of a property is approximately £148,000. For terraced houses alone, this figure was as low as £117,000. So it’s not particularly expensive - meaning you can get a property quite easily, and start renting it out to tenants. Rental costs vary, naturally, depending on the size of the home, and the area in which it is located. They typically start at around £350 per month, rising to as much as £600+ per month.
Hunters Services in Bridlington
The Hunters Bridlington branch is located at 20 Prospect Street. Our team is here and ready to assist you with whatever you need. Whether you’re registering to become a landlord, looking to buy your first buy-to-let property, or simply need to find some tenants - give us a call. Our sales team is available on 01262 674252, and the lettings team on 01262 674252.