Thinking of Buying to Let? Why Bungalows are an Ideal Choice

For anyone considering stepping into the buy to let market, or expanding their current portfolio, it’s worth taking a closer look at bungalows. While flats and terraced houses often get most of the attention, bungalows offer unique advantages that make them a smart investment for landlords. There’s many advantages to investing in such a sought after property type. At Wright & Co, we’ve seen increasing demand for bungalows for sale in Sawbridgeworth and the surrounding areas, not only from buyers but also from prospective tenants. Here, we’ll explore why bungalows are an ideal choice for landlords and what makes them such a worthwhile investment.

Strong Demand from a Broad Range of Tenants

One of the biggest benefits of investing in a bungalow is its wide appeal. These properties attract a variety of tenant types, which can make finding and retaining tenants much easier. Retirees and downsizers often seek out bungalows for their accessibility and ease of living. With everything on one level, there are no stairs to worry about, making them ideal for older tenants or those with mobility issues. At the same time, young families also appreciate the layout. The open floor plans, garden space, and fewer safety hazards are all attractive features for those with young children. This broad tenant base means landlords have consistent demand for their property, helping reduce void periods and offering long term rental stability.

Easier to Maintain and Manage

As a landlord, property maintenance is one of the more time consuming and costly parts of the job. The good news is that bungalows are typically easier to manage than larger, multi storey homes. With no upper floors, tasks like roof maintenance, exterior painting, or dealing with plumbing and heating systems are generally more straightforward. For tenants, day to day living is simpler too, which often leads to fewer maintenance requests and happier occupants.

Great Capital Growth Potential

Bungalows are in limited supply. Unlike flats or semi detached homes, bungalows are rarely built in large numbers today, which means they tend to retain their value well over time. Because of this limited availability and consistent demand, bungalows can offer strong potential for capital growth. The value of bungalows has seen steady growth in recent years. So while landlords benefit from rental income in the short term, they may also enjoy a healthy return on investment if you choose to sell in the future.

Energy Efficiency and Lower Running Costs

Bungalows often have smaller footprints than multi storey homes, which can translate into lower running costs. Heating a single storey space is usually more efficient, and the layout allows for easier upgrades such as insulation or solar panel installation. Tenants are becoming increasingly aware of energy costs, and properties that are cheaper to run are likely to stand out. If a landlord can offer a rental home that’s both cost effective and comfortable, they’re more likely to attract long term tenants.

A Smart Move for Local Landlords

Bungalows are in high demand in areas with peaceful neighbourhoods, great transport links, and a strong sense of community. There’s a consistent appetite for this type of home, particularly for small families and professionals commuting to London. As a landlord, investing in a bungalow in Sawbridge offers the advantage of location as well as property type. With good local schools, a charming town centre, and excellent road and rail access, it’s no surprise that more investors are turning their attention to this corner of Hertfordshire.

Begin the Search for an Investment Property Today

All in all, bungalows may not always be the first choice that springs to mind when thinking about buy to let investments, but they should be. With their low maintenance, broad tenant appeal, and solid long term value, they tick many of the boxes landlords look for in a rental property.

If you’re exploring the buy to let market and want to find a promising investment in a popular location, the friendly team at Wright & Co can help. We regularly list bungalows for sale in Sawbridgeworth and the surrounding areas and can guide prospective investors through the process of purchasing the right property for their goals. Contact us today for more information or browse our current listings to start your investment journey with confidence.

  Back