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How to overcome the risk of being one of 20 apartments to let in the same development at the same time.
1st Dec 2009
Hey guys,
The other day, I was speaking with one of our clients, Alan, who had visited a site that we sold. I asked him for him feedback because I thought the conversation would be of value, especially for those looking at buying in a development with more than a few plots in it.
He said:
"Overall, a first class site overlooking small junior school and open park area. The apartments are sufficiently off the main road yet within easy working distance of main Stockton shops centre and river. Overall much better than I had expected. The business risk as I see it is 20 apartments coming on the rental market at the same time...(This artcle continues ......)
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