The Windsor rental market has lost its edge. Listings on Rightmove sit longer than they did in spring. Some landlords dropped asking prices by fifty pounds a week in June and still sit empty.
The student intake at the university looks flat this year. Fewer overseas applicants means less pressure on the shared houses near campus. Landlords who bought in 2021 at peak prices now run negative cash flow at current rents.
I see more "no chain" sales listings in Windsor town centre. Owners selling before the autumn brings a slower period. The flats above the shops on Peascod Street take three months to sell now when they used to go in three weeks.
The council planning portal shows fewer HMO applications than last year. That tells me the professional landlord is pausing. New regulations on fire doors and EICRs pushed costs up by two thousand per property.
The sales market still moves in the two million bracket near the Long Walk. Buyers with cash don't negotiate. But the three hundred thousand to five hundred thousand range needs a price cut to shift.
Paul