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Should You Buy in Huntingdon?

A few weeks ago, I discussed the differences in the rent that could be achieved from properties in the villages and towns around Huntingdon, compared to the town itself. However, I didn’t mention the average values in both and how that affected their annual returns/yields. The average terraced house in Huntingdon is worth £211,542, up 1.11% on last year,whilst some terraced houses in the surrounding villages are worth around 33% more. The same was found for the value of an average semi-detached house worth £256,582 in the town, up 3.73% on last year, and with the value increasing by around 34% in the villages. For a detached house in the town, you can pay approximately £414,306, up 1.80% on last year. This value is increased by circa 40% in some of the surrounding villages. If you are a landlord who is looking to buy property to let, before you buy in Huntingdon or any PE27/PE28/PE29 village, you should consider the possible annual returns/yields. In the villages the yields are quite low, at around 3.5%, compared to around the 4-5% annual yield you may receive from properties in town. So if you would like any advice when choosing properties, contact me on 07707 235270 or so we can work out what is best for you!