Buy to Let still remains a fantastic investment opportunity in 2019. The booming rental market in the UK has led to a gradual increase in rental incomes over the last few years.
While average property markets have experienced periods of unrest and big drops in recent years, people who may once have looked into buying their own house are exploring opportunities to rent instead.
As a result, Buy to Let investments have risen. The prospects of decent incomes as well as capital appreciation if and when the market recovers, means there’s no doubt why this has become such a popular asset in recent years.
To secure financial stability and bring home a regular income that could boast a rental yield of around 5-10% depending on your location, Buy to Let could be the new business investment you’ve been looking for that provides the returns you are looking for.
Buying a property at the right place and the right time could change your life. Firstly, you need to decide on a target audience, whether it is students, white-collars or families.
Next, you need to find the next Clapham of the UK, looking at currently inexpensive, up and coming areas bordering expensive neighbourhoods.
This is likely to reap financial benefits as people spread out and areas merge. With a shortage of housing in the UK, there are potentially some great areas available that can be developed. It is important to consider the target audience here and think about all the amenities and transport links that are important to potential tenants.
For example, young families are likely to be researching nearby schools for their children and so checking out the situation with catchment areas and performance reports will increase your chances of successful letting.
Suddenly you find yourself in the trendiest postcode in the UK, with the perfect local amenities and people falling over themselves backwards trying to live there.
When you’re buying a property to rent out, the rewards – as well as the risks – tend to be higher.
Like most investments, it is vital that you receive factual, personalised information that can minimise the risks and maximise profit margins.
Here at HE Global Investments, we have specially trained consultants to introduce you to this process in a jargon free language, making sure you understand everything and end up with a system that works for you and your lifestyle. For more information call on 0207 096 0125 or email email@example.com.