Rural rental properties come in all shapes and sizes, and generally offer privacy and views that can be hard to buy. Rural housing stock includes village property, surplus farm accommodation and traditional estate cottages and houses; and comes in varying standards, from completely refurbished, to functional.
As seen within the UK lettings market as a whole, there is still a greater demand from potential tenants when compared to property supply in our North West rural areas. Having said this, there is still a considerable gap between the most and least desirable property on the market.
Not surprisingly, well finished and characterful cottages and farmhouses, within quiet locations, but close to local communities and facilities, including village pubs, schools and shops, are being snapped up quickly.
Accessibility for work is a major factor, with the villages and rural areas benefiting from strong road links and being closer to those main working hubs, being more desirable.
There is also a growing popularity for working from home and we have seen some landlords investing in or supporting the installation of high-speed broadband in order to retain and attract the best tenants. With the community led fibre optic broadband network, B4RN, now also being rolled out across the Lune Valley and edging into the Ribble Valley, this is expected to make a greater influence.
For further advice in relation letting rural property, please contact our Lettings Department.