CPS Homes

Good news for Landlords, Cardiff Bay Rents increases in 2008!

In a year where the Cardiff Bay property sales market has taken a good beating, there is at a silver lining for some.

In the past 6 months Andrew Dillon, CPS Homes Cardiff Bay Branch Manager has noted a definite trend of rental increase in the Cardiff Bay Rental market.

"Flats that were regularly achieving £600 PCM such as Overstone Court in the Isis development are now confidentially and quickly achieving £650 - £675, flats in Century Wharf that were struggling to reach £800 are now comfortably achieving £850, tenants cannot get away with the cheeky offers that were regularly working" - Andrew Dillon.

Andrew believes the Bay rental marketing will continue going from strength to strength in the coming years in light of the world economy and credit crises.

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15 October 2008

The information contained within this article was correct at the date of publishing and is not guaranteed to remain correct in the present day.

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