By Washington's rental market is currently booming, outperforming the national average. In the past three months, rent prices have increased by 1.9%, while the national average saw a 1% rise.
Washington, NE38 : A Red-Hot Investment Opportunity! š„
Eddleston, NE38:Ā This 3-bedroom house was rented forĀ Ā£675 pcm in 2023. Fast forward to 2024, and it's achieving Ā£795pcm āalmost an 18% rent increase in less than 2 years!
Stanhope, NE38: ThisĀ house rented for Ā£645 pcm in 2024. In 2025, this house is now worth Ā£725 pcm showing a decent growth in rent.
Nelson Street, NE38:Ā A former tenant left the property in poor conditionĀ and it underwent a full refurbishment, including a brand-new kitchen and bathroom suite. In 2023, it was rented for Ā£540pcm. After the renovations were completed, we successfully secured a long-term tenant at a remarkable Ā£725pcm in 2024.
Why Invest in Washington?
With property values starting from around Ā£90-Ā£100k for 3 bedroom properties, Washington offers a great investment opportunity. Yields are as high as 9% combined with strong rental demand make this area a hotspot for investors aiming for reliable returns and long-term growth.
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