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Farnborough Lettings Update

The local housing market in Farnborough

Our market update in April


Q1 for us has been very similar to the back end of 2020, with tenant registration still increasing but stock coming to market still slower than normal. We have seen an uplift in investors’ sales starting to complete and this should continue over the coming months. With many vendors selling to try and cash in on the stamp duty holiday, this has hit the available properties in our areas.

This being said we are still achieving above market offers from tenants due to the lack of supply. So far this year we have let five properties above the marketed rent. This is fantastic for landlords and is mainly due to the demand outweighing supply, which naturally causes price increases. With the influx of tenants from outer areas moving in still on the up, we have also noticed that the tenancies agreed are at an average well above the normal 12 months, meaning great tenants, great prices and security!

Houses are still hugely popular among tenants currently and for anyone interested in investing our advice here in the Camberley and Farnborough areas would be to purchase a house over an apartment. This all stems back to lockdown showing people how much they appreciate outside space. The properties letting the quickest seem to still be three bedroom properties, mainly again due to people working from home and needing more space.

Camberley and Farnborough are still thriving and it would be a pleasure to answer any questions you may have so please feel free to get in touch with me at any time!

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Do you want to know how much your house or apartment is worth? Whether you are looking at selling or letting your property, Prospect can provide an accurate lettings valuation based on the current property market.

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All of our Lettings Valuations are FREE and No Obligation, so even if you are just curious about your property’s value, then no problem. If you decide to place your property on the market to sell or rent, don't forget that we operate ona no sales, no fee basis... so unless we're successful in selling or rentingyour property, then you'll have nothing to pay us... unlike many online agents who charge non-refundable listing fees.

If you would prefer to call to arrange a valuation, you can click here for a list of our local estate agent offices.

The Manager

Simon West - Lettings Manager


Camberley Prospect Estate Agent

Simon began his career in our Head Office in Reading in 2014. Since then he has developed massively within his career gaining great experience and knowledge of an ever changing market. Having grown up in Reading and having great success within the Reading market Simon then made his move to Camberley in 2018 to further develop his career and make an impact in the Lettings market there.


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The local area of Farnborough

Why Farnborough is a great place to live!


The vibrant town of Farnborough lies within the county of Hampshire and is a popular choice with commuters due to its close proximity to the M3.

Best known for its connection with aviation, the bi-annual Farnborough Airshow is held at Farnborough Airport and invites people from all over the world to visit the town. Farnborough has also attracted many aeronautical companies such as Lockheed Martin, BAE Systems and the Royal Aircraft Establishment, based within the Farnborough Aerospace Centre Business Park.

The Meads Shopping Centre is one of the most popular shopping centres in Farnborough, offering a wide selection of shopping and dining options. If you fancy going further afield, there is easy access to neighbouring towns such as Basingstoke and Camberley, offering a plethora of popular shopping, dining and leisure facilities.

FARNBOROUGH AREA GUIDE

Looking for a property in Farnborough?


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ABOUT PROSPECT

Helping the residents of Berkshire, Hampshire & Surrey move!


Since 1990, Prospect Estate Agency has successfully been helping people buy, sell, let or rent property across the Home Counties. Since first opening our doors, our ethos has always been to surpass customer expectations, be at the forefront of technology and truly celebrate property. We’ve always endeavoured to be the best, not the biggest!

We have always focused on providing our clients high-quality service. This dedication has resulted in hundreds of excellent customer reviews and recommendations as well as numerous industry awards, including the prestigious title of Best Estate Agency in Berkshire & Surrey at the UK Property Awards for the past five years running!

Discover more about what makes us different by exploring this page and our history. If you’d like to find out in person, just give us a call or arrange your free, no obligation valuation by clicking one of the buttons below.

Full Coronavirus Update

Find out what we’re doing and how we can still help you


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Local infrastructure

Key considerations including schools and leisure


Schools
Farnborough offers a wide range of state schools, many of which hold Ofsted’s ‘Outstanding’ status.

Transport
Farnborough is a hot spot for commuters due to the selection of transport links and business districts. Farnborough offers direct links to central London, Reading, Wokingham and Guilford.

Leisure
Farnborough Leisure Centre is the place for you, the centre offers a wide range of activities and has a host of facilities, or why not take a trip down to Aldershot Lido?

Shopping
Kingsmead Shopping Centre is located parallel to the Farnborough Road. The shopping centre has recently been refurbished giving a selection of places to grab a light bite and a tasty drink

Aviator logo

Aviator

Cove Infant School logo

Cove School

Vue Cinema logo

Vue

Aldershot Lido logo

Aldershot Lido

Henry Tyndale school logo

Henry Tyndale school

The Sixth Form College Farnborough logo

The Sixth Form College Farnborough

The Meads Shopping Centre logo

The Meads Shopping Centre

Farnborough Air Show logo

Farnborough Air Show

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