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cheltenham residential lettings
The Cheltenham residential
lettings market is very healthy as a result of Cheltenham
being a popular place to live. Cheltenham is a Regency
spa town and the waters can still be taken at its historic pump
rooms. Regency architecture makes Cheltenham a very attractive
environment in which to live and work, and with its parks and
compact town centre it is also a popular retirement location.
There are a number of local companies looking for Cheltenham
residential lettings on a regular basis. Employers such
as GCHQ, Kraft foods and Smiths industries have a consistent
flow of employees and contractors looking to live in Cheltenham
either permanently or whilst engaged on short-term contracts
(which often turn into long-term contracts!). Professionals
on short-term contracts often require 'turnkey' lets i.e. furnished
lets with equivalent facilities to a hotel room. Families
relocating to Cheltenham either for a number of years or permanently
normally require larger houses which are unfurnished, and these
clients may only want to rent temporarily whilst they look for
a property to purchase. There is healthy demand for all
types of residential letting properties in Cheltenham, and Cheltenham
will remain a desirable place to live.
The Cheltenham residential letting scene has been fuelled
in recent years by national press coverage of Cheltenham as a
'property hotspot'. This has led to focus on Cheltenham from
property investment companies looking for capital growth opportunities
and for regular and reliable rental investment income.
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