Category Archives: investment property

Reminders Before Checking Out Investment Properties for Sale UK

reminderBuying your own home is but the dream for many and we’re not at all surprised. But the truth of the matter is it’s not as easy as we think. There’s a lot that goes into the purchase of a residential asset and to help you out, here are a few reminders before checking out those investment properties for sale UK.

Because assets cost a lot, it’s important to have a budget and prepare financing beforehand. At the same time, it’s crucial to remember that these acquisitions should be done within the means and bounds of one’s financial capacity.

Features can vary from one property to the other so essentially no two are exactly alike. This is also the reason why it’s important to know your needs and the purpose behind the investment. This will eventually help determine the property you’ll acquire at the end of the day.

Determine features or characteristics of the home that should always be present whatever happens. Even with all our needs (and wants) listed down, it’s close to impossible to find a home that checks every single criteria so prioritize and determine which ones you can forego and which ones you can’t.

A house needs to be conveniently and wisely situated. This is why it’s important to determine its proximity to important and relevant establishments and infrastructures such. Location is king when it comes to investment properties for sale UK so choose well.

With so many options, it’s easy to get sidetracked and feel overwhelmed. Carefully assess each alternative and don’t go jumping at the first find you see. Compare, canvass and check them against your needs and between each other.

Interiors and paint color isn’t everything but they can trick the eye to believing that a property is more than its actual worth. Focus on the more in depth aspects such as structural integrity, land quality, electrical and plumbing system and the like. Think of the bones and not just the skin.

Pictures and information should never suffice on their own. All seller-given information about the investment properties for sale UK have to be validated. Even ownership has to be authenticated. It would also be wise to hire a chartered property surveyor to assess the real estate property. This can help bring forward important information about the listing, either disclosed or not, that can aid in the decision making.

Making Your New Investment Property in the UK More Valuable

renovate investment propertyAn investment property in the UK is already quite valuable considering the fact that it is situated in one of the world’s biggest culture potlucks and the melting pot of various domestic and international businesses. Plus, its tourism is one of the best in the world. All of these and more make properties in the UK quite the catch.

But of course, investors would not stop there if they can. Who doesn’t want to raise the value of their investments further and get a bigger return in the process? Of course nobody; we all want a return of our investments. How does one achieve this then? We’ve prepared a list for you so go ahead and read!

  • Paint up your walls. – You’ve probably heard of this time and again and for a good reason too. A coat of paint adds a breath of fresh air to the room by creating a renewed aura and look to it. It makes the room look clean and brand new even if it isn’t. The use of colors will matter here as well. It would be best to use neutral hues like white and beige as they help open up the space and make it look bigger and brighter.
  • Clean up the lawn. – The interiors are not the only thing that matter. Even the outdoors too like the lawn, garden, curb and the area by the main door. Weed them out, manicure the garden, clean them up and make repairs where necessary. It adds value because it raises the ambiance and mood of the property.
  • Update the kitchen and dining. – Kitchens are by far the busiest place in every home and where everyone congregates for special occasions. If you are looking at upgrading the home to raise its value, you will have better returns if you do it in the kitchen. Just be sure that all work must not only provide aesthetics but function more importantly.
  • Update the bathroom too. – Next to the kitchen are the bathrooms. If you have the resources and you want to upgrade, do these spaces too.
  • Call in the pros. – If you want to know what upgrades and repairs would best bring up the value of your investment property in the UK, it would be best to call in a professional or expert to come and have a look. Not all assets are the same so each one is somewhat unique. Having a hands-on adviser will help you put your resources to their best use.

The Types of Investment Property in the UK

real estateIf you are planning to make an investment property in the UK, one of your primary tasks is to gather up knowledge and understand how the real estate business works. It can be daunting at first but do not fret. You’ll get the hang of it and we’ll show you how to do it first by introducing the different types of assets that you can invest on.

Type 1: Residential

This pertains to assets that can be used as residence such as homes, town houses, apartments and condo units wherein an individual or a family rents it out or buys it from you. Such properties may be intended for single occupancy or it may house more such as when your property has more units within it. Also included in this category are your vacation homes. This one often appears as a passive income as you are only most likely to rent it out when you are not using it.

Type 2: Commercial

This consists of office spaces or buildings used primarily by businesses. Such investments may cater to one tenant as in the case of an entire property or hold multiple units like that of a building with varying offices. The ultimate challenge of this investment property type lies in the location. Commercial spaces aim to be accessible and we all know assets in downtown and metropolitan areas can be pretty high although if you’d do well on it, the returns are pretty promising.

Type 3: Retail

These are assets that are aimed to provide a space for entities to sell their goods and/or services to their customers. Think about shopping centers and mall strips. They are the perfect example of this type. What make it a promising investment would be the often long lease contract period between you and your lessees. The challenge howe
ver is pretty similar to that of commercial spaces.

Type 4: Industrial

These are special purpose assets used as warehouse and storage units, production facilities and distribution centers to name a few. Be wary when buying this type because most assets have building specifications that may not cater to all of your clients. The more flexible it is the better.

Type 5: Mixed Use

This type of investment property in the UK is a combination of any of the above types and has more diversification and versatility. Think about a building with condominium units above and retail stores below it.