posted 20th December 2024
As 2024 draws to a close, the rental market remains robust and shows no signs of slowing down. At Shepherd and White, we’ve witnessed firsthand the remarkable surge in tenant demand, which continues to be nearly double the pre-pandemic figures. According to recent data from Rightmove, each rental property now receives an average of 11 enquiries, compared to just 6 in 2019. This statistic highlights the thriving rental sector and offers great opportunities for landlords looking to maximize their investment potential.
Why the Demand?
Several factors contribute to this sustained high demand for rental properties. Changing lifestyles, the flexibility of renting, and increased population mobility all play a part. Additionally, Leicester and the surrounding areas, including Ashby, Coalville, and the charming Charnwood villages, have become hotspots for renters seeking a balance between urban convenience and suburban tranquility.
How Shepherd and White Can Help
With our extensive experience and local expertise, Shepherd and White is uniquely positioned to assist landlords and tenants alike. We pride ourselves on providing a personalized service that ensures every property gets the attention it deserves. Our tailor-made approach means that landlords can trust us to find the perfect tenants quickly and efficiently, while tenants benefit from a carefully curated selection of properties that meet their needs.
Marie Shepherd on the Rental Market
Marie Shepherd, a cornerstone of Shepherd and White, shares her perspective: “The resilience of the rental market has been incredible to witness. We’re seeing strong demand across all types of properties, from compact apartments ideal for young professionals to spacious family homes. As we head into 2025, our goal remains the same: to provide outstanding service to our clients and help them navigate this dynamic market.”
Looking Ahead to 2025
As we move into the new year, the team at Shepherd and White is optimistic about the opportunities ahead. For landlords, the current market conditions present an ideal time to let properties, as high demand often translates to shorter vacancy periods and competitive rental yields. For tenants, our expanding portfolio means more options to find their perfect home.
Whether you’re a landlord looking to maximize your property’s potential or a tenant searching for your next home, Shepherd and White is here to help. Contact us today to learn more about our services and how we can assist you in achieving your property goals in 2025.
Together, let’s make the most of the thriving rental market in Leicester and beyond.
