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Why Rent Out Residential Investment Property UK

invesment property ukThe United Kingdom is blessed with many things from a strong economy to a bustling tourism industry to countryside charms to metropolitan lights to well-renowned educational institutions to a healthy population and the list goes on. It’s therefore not surprising that more and more people want to come and stay in the country either for vacation, for work, for school, for business or for good. That and the fact that residential investment property UK are so in demand.

In a world where it’s almost always everyone’s first instinct to buy, renting or leasing has created a market upon itself. It has satiated a need and comes with its own set of perks or advantages for lessees. Think about it. Not everyone has the resources to buy outright and more often than not, the good properties with reasonable prices are pretty much snatched up already. Either that or they come in hefty price tags. After all, the demand for real estate in the country has grown significantly in years. Plus, buying isn’t practical when we’re not planning to stay for years.

But on a lessor’s standpoint, why should they choose to rent out their residential investment properties UK? Why not just sell it?

Finding a tenant is oftentimes faster than finding a buyer. Some assets can stay listed for months or even years which can be costly to owners and even be very detrimental considering the losses incurred. Remember that maintenance should still be upheld to keep the place functional and in good shape until a buyer shows up, if they ever do.

Renting out provides investors with an added income stream, oftentimes a regular one too. Leasing out will create rental income which is payable every period, either monthly, quarterly or yearly depending on the terms of the lease contract. How about the costs to owning the assets like maintenance and taxes? Many of these can be deductible from the total income to lessen tax liability.

Opting to lease also stamps one’s ownership and hold of the residential investment properties UK. Doing so will allow you to retain ownership which means equity is preserved. Despite having tenants occupy the space for the time stipulated and paid for within the bounds of the signed contract, the landlord or investor still holds the title to their name. Should you wish to sell this asset after some time or use it yourself will be all up to you. Selling, as the name suggests, will transfer ownership to the buyer.
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Making the Most of a Residential Property Investment

residential investmentMost if not all of us share a common goal and that is to buy a residential property investment for ourselves and turn it into a home. But that’s always easier said than done. From working and saving up to afford one, there’s the after that takes far even longer to do. So how do we make the most out of these assets all while still ensuring that they are every bit of the dream abode we’ve always wanted? We’ve got some tips and we urge you to read on and take notes.

  1. Read the fine print, in this case the blue print. There’s a huge importance to knowing your space from the inside out, top to bottom. Having an idea as not only of the floor plan but also of the materials used in the construction of various areas of the property will make it easier to plan what to do with it. Dimensions and specifics may sound boring but it’ll make the job easier for later.
  2. Do research and draft a plan. We all need a map and without one, we can take unnecessary detours which will not only consume time but even money as well. To better strategize, create a plan but make sure to research first before concluding and implementing it.
  3. A home should both be beautiful and functional. One way to do that is by analyzing your lifestyle. By aligning the design to suit your unique needs, it makes movement and living easier. A residential property investment is not a finished piece when bought. You’ll have to fine tune it to your needs and wants.
  4. Always think of efficiency. Make use of large enough and well placed windows to allow natural light and even air in which can help conserve energy. Plus, they light up a room making it appear fresh, large and bright. Invest in dual purpose items like an ottoman which doubles as a storage space.
  5. Make it a point to maximize space. There are tons of ways to create more area than what seems to be available. With the right combination, one can even create an illusion of a bigger residential property investment. And really, who doesn’t want that? Things like mirrors, glass, windows, paint color, furniture type and size and the like can do wonders. Moreover, investing in smart and adequate storage units are always a winner.

Do’s and Don’ts to a UK Property Investment

UK_property_investmentWhen we talk UK property investment, we mean business. This is regardless of type, size and features. All assets, residential, commercial, industrial and agricultural alike, are to be taken with gravity as they are huge undertakings both literally and figuratively. That said, here are some do’s and don’ts to help everyone get on the right track.

THE DO’s

  • Read up. Feast on relevant materials like books, magazines and even articles from the internet. Real estate is no easy feat and the journey becomes less daunting the more educated and aware you are of what you’re getting yourself into.
  • Have the asset surveyed. For validation and information purposes, call a chartered surveyor to examine and assess the UK property investment. They can help authenticate seller-provided details and bring to light other important facts such as the structural condition, ongoing cost estimate, useful life, depreciation rate and current market value among others.
  • Prepare financing beforehand. These purchases are hefty to say the least. Although some may appear more affordable than others, there’s no such thing as cheap in real estate. Moreover, funding options take time. Savings and income take considerable time to accumulate. As for credit, processing them will take weeks to months at the very least.

THE DON’Ts

  • Focus on the visuals. Majority of available UK property investments in the market are staged. This means that the furniture and fixtures as well as the interior details are not part of the deal. The sellers or brokers have put them there to make the asset look more alive and not blank. It also serves as a visual suggestion as to how the space can be utilized. Although they may seem pretty, they should not drive the decision to buy. They’re mere décor and not part of the sale.
  • Disregard ongoing costs. Repairs and maintenance expenses may not form part of the purchase price but they still form part of the costs to owning the asset. They can make it worth it or a burgeoning headache in the long run.
  • Ignore the benefits of research. You want to get to know the market to best be able to compare prices of similar assets. There’s also the need to run a background check on the property itself, the neighborhood, the seller and/or real estate firm and where need be the UK property investment’s previous uses and users.


Find out more at https://www.singerviellesales.com/properties

Minor Upgrades that Boost an Investment Property’s Selling Rate

investment property gardenBig things can come in small packages and this philosophy applies to the real estate industry too. Believe it or not, it’s possible to boost the selling rate of an investment property without breaking the bank. With the wise choice of projects to prioritize and adequate knowledge about the current market and the needs of the assets at hand, it is very much doable. Care to find out what these minor upgrades are? Well then read on and find out.

  • Gutters

The roof and the property’s foundation are perhaps the most expensive things to repair and maintain. To protect them and avoid a costly dilemma, one has to invest in quality and durable gutters. Why? This part of the house ensures that water travels through and ends up where it needs to be: the drainage. If the gutter is damaged, ineffective or clogged up then rain water and snow will spew everywhere weakening the structural foundation.

  • Garden

It may seem unnecessary to some but the garden and lawn can tremendously add value to any investment. Sure landscaping can be pricey at some point but with nifty tricks, it can be done. For instance, the simple act of cleaning it up, mowing the lawn and trimming those bushes can already up the game.

  • Garage

Whether this space is used to park the car or to provide some other purpose (e.g. storage, gym and extra room), tidying up and fixing the garage is a worthwhile upgrade. This is because it gives an added space thus improving functionality.

  • Paint

Perhaps the simplest trick in the book but also one that makes a huge difference, painting those walls a better color can add value. Certain hues or patterns can add personality, space and dimension or even brighten up any room.

  • Storage

Properties without adequate storage space or units aren’t very appealing. The smarter they are and the better they are at maximizing space, the higher the value they tend to bring. This applies to pretty much all rooms but is more particular in certain areas like the kitchen, study and bathroom.

  • Windows

An investment property can rake in more value the more it provides access to natural light. Windows, rather the right type of windows, can make this possible. Other options may include glass doors or walls but those can be very pricey for most people.


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How to Create More Space in Your Residential Property Investment

floor to ceiling curtainsPerhaps one of the biggest challenges in owning a residential property investment would be maximizing space. It has and will always be an issue because truth be told, not a lot of us live in mansions with endless rooms and sky is the limit ceilings. Luckily, there are a number of tricks to create more of it and today we’re dishing them out. Read on and find out what they are.

  1. Glass is Might

Divisions make rooms look even smaller than they already are but they are to be had for various reasons. In cases where a partition can’t be knocked down such as in bathrooms and kitchens, glass is everyone’s best friend. For instance, instead of a shower rod and curtain, opt for glass instead. Even smaller details made of glass like vases and jars can add to this similar appeal.

  1. Monochromatic Colors

There’s a reason why the combination of similar gradients create the illusion of bigger spaces. Simply put, they facilitate undivided vision. They’re not too busy that they split the already limited area into various focus points. When looking at them, the eyes flow continuously. Are they boring? Only if you allow it. Monochromatic colors can look both interesting and spacious by using the power of textures and heights.

  1. Mirror Mirror

Ah! The classic mirror is but the mightiest in every interior decorator’s arsenal of weapons. It elongates space by means of reflection not only of the room itself but also of light. They can be installed in various sizes and in different ways. In fact, items with mirror-like effect like stainless steel, in kitchen countertops for instance, may be used in the same way.

  1. Floor to Ceiling Curtains

The higher and the longer the curtains go, the bigger the space appears to be. This is why hanging them far above and even beyond the window is a classic trick that many decorators love to do.

  1. Strategic Storage

The more cluttered thing get, the tighter the space becomes. Not only does it appear messy and haywire, it also cramps up the floor and the room. Residential property investment owners can fix this with one simple trick and that is through storage. When buying furniture or redoing any room, see to it that every square inch of space is maximized. Where possible, add more storage units. Vertical and open shelving for instance can help a lot.

Learn more about residential properties at Singerviellesales.com.

Types of Investment Properties for Sale in UK

types of investmentProperties come in all shapes and sizes, even types too so today we decided to educate you about the various options out there. Each one serves a particular purpose and use. Knowing what these types of investment properties for sale in UK are available shall guide you in your acquisition endeavors. Now, carry on and read!

COMMERCIAL assets, as its name suggests, is attributed to businesses but they are geared towards backend operations or simply offices instead of shops. They can be a standalone building or a bigger structure divided into various spaces used by numerous occupants. A key characteristic to this type lies in its accessibility, in other words its location. Commercial properties are often situated in downtown and metropolitan areas where much of a city or town’s movement and activity goes on.

RETAIL properties are in some way commercial properties too but they are used for frontend operations where the selling point or trade of goods and/or services occurs. Stores and boutiques, malls and shopping centers are popular examples of retail assets. Although a good number of these assets are for sale, majority of them are on a lease. Like the first type, they bank a lot on accessibility and location, plus a good amount of foot traffic.

INDUSTRIAL assets refer to special purpose structures or buildings that act as storage units, distribution hubs and manufacturing facilities. This is why warehouses and factories fall under this category. They come with big and highly flexible features too given their specific purpose. Some industrial properties are located near bustling cities, in it or far from it depending on its intended purpose.

RESIDENTIAL properties include condominium units, houses, apartments, townhomes, private resorts and similar assets. Judging by its name and examples, they are meant for personal occupancy and are therefore living spaces.  They may be used for either singular or multiple occupancy. An example of the latter would be apartment buildings that various tenants. These residential units can be personally owned or leased.

MIXED USE assets are a combination of any of the above types of investment properties for sale in UK. Take the owner of an apartment building downtown. He leases out the ground floors to convenience stores, restaurants and cafes (retail). The next three floors, he then leases out as office space for various businesses (commercial) while the rest of the floors are rented out as apartment units (residential).

Characteristics of a Good Commercial Property Investment

commercial-property-investmentWhat makes a good and worthwhile commercial property investment? We asked the pros about it and here’s what they had to say. Check out the following characteristics to look for when investing in any commercial asset.

  • Conveniently Located

Since the purpose of the asset is commercial, meaning business related, it has to be situated in such a way that it’s convenient for everyone to reach from customers to employees and even to vendors. Proximity to significant and even complementary establishments, transport hubs and roads make for convenience.

  • Heavy Foot Traffic

Exposure and reach is important. Foot traffic pertains to the number of people and even vehicles that pass by the establishment such as patrons, seasonal customers, potential clients or just passersby regardless if they buy or not.

  • Safe and Secure

Assets and people need to be safeguarded. This is why the safety and security of the building and even the neighborhood is very crucial and must be adequately assessed prior to closing.

  • Manageable Ongoing Costs

No matter how affordable the commercial property is, if its ongoing (read repairs and maintenance) costs are too high then it’s going to end up expensive anyway. Remember that these costs are not part of the asking price but will be shouldered regularly, at least monthly or annually, and should therefore be a huge concern.

  • Spacious and Ergonomic

Commercial spaces need to have adequate room. Productivity among others will not be maximized if there’s barely any space to work with and move in. Plus, customers rarely have patience for cramped spaces. Of course, not all assets are huge but wise architecture and interior design makes way for apt space and ergonomics.

  • Appreciation Potential

Does the asset have any appreciation potential? Given the right maintenance and upgrades, how far will its value rise? How about the structures and establishments adjacent to, beside or near it? How will they affect its value in the long run? Opt for investments that will give you more than you asked for as much as possible.

  • Lengthy Remaining Useful Life

Last but not the least, make sure that you choose to buy a commercial property investment that has adequate remaining useful life. The reason is pretty obvious. Why buy something that’s barely going to serve you any purpose? Why waste your resources on something that won’t last long enough?

Find out more at https://www.singerviellesales.com/properties

Characteristics of a Promising Retail Property for Sale

As an entrepreneur that focuses their business particularly in retail, finding the best space is crucial to ensure that sales occur and that they come in a steady if not increasing flow. To help you out, we’ve come up with a list of characteristics that only the most promising retail properties for sale possess.

#1: Accessible Location – Keep in mind that selling products becomes particularly tricky if your store is situated somewhere where people find it hard to go to. Lack of accessibility throws off customers and makes them avoid and not make a preference for you. Even the best companies with great services will find a strain in their sales due to inaccessible locations.

# 2: Busy Foot Traffic – If you notice, the best spaces are often those located in the city or in areas that are heavily accessible. The reason for that is foot traffic, a name used to describe pedestrian visitors to a business or commercial site. In essence, the higher the foot traffic, the more chances of sale. It’s not a guarantee but it is a major factor. Think about it this way. People will pass by your store either intentionally because they want to buy something from you or unintentionally because they happen to pass by while running other errands. By exposing yourself more even to non-consumers, you create some sort of advertising. They see you and eventually they’ll get curious and check you out.

retail-property-for-sale#3: Transportation Hub – The easier it is to transport to and from your area then the better. It makes customers feel more convenient encouraging them to come back time and again. Finding a retail property that is situated near main roads, transportation hubs and even those with adequate parking areas are an investment worth making.

#4: Complimentary Establishments – Setting up shop amongst your competitors is a very risky trick and one that does not favor most. It can work for some but it can also be brutal when not done right. If you want sure sales and more customers, it will be smarter to invest in a retail property for sale that is situated near, beside or adjacent to establishments and companies that are complimentary to it. For example, if you run a sports and athletic gear, equipment and clothing shop, you will find better sales if you are near a gym or a sports complex. If you are a bakeshop, standing beside party supply stores can do you good. The customers of these complimentary stores can be your customers too and vice versa. There’s mutual benefit not competition.

More on retail properties here https://www.singerviellesales.com.

Commercial Property Investment: Decorating Hacks

paintingWe all love a well decorated home, don’t we? Commercial property investment spaces are no different. Although primarily geared for business purposes, an office or store should never feel blah and boring. Apart from functionality, they too have to be pleasant. After all, it’s hard to be productive in an ugly room.

Today, we’re sharing a few of our favorite decorating hacks to make sure that your commercial property investment is one show stopper!

  • Add color to your walls. – Or pattern if you prefer it. It doesn’t even have to be done to each and every wall. Changing up the colors can help set a mood while an accent wall that pops makes for a bold statement.
  • Keep it spacious. – When decorating, it is important to keep space and mobility in mind. Commercial establishments have so much going on in them that cramped spaces not only hinder productivity but it also opens doors for accidents.
  • Measure everything. – Before buying any piece of furniture, make sure to measure the space in which it is set to be placed to save yourself from all the trouble later.
  • Think ergonomic. – Spaces need to be decorated and built in such a way that it allows safety and ease of movement. Avoid sharp and abrupt corners. Keep furniture and décor pretty but also safe so avoid anything that might easily break, spill or those that can puncture or cause accidents.
  • Invest in storage. – This is the best way to wage war on clutter. Make sure to provide ample storage space be it through shelving, cabinets, file boxes, spacious desk drawers and the like.
  • It’s all in the details. – Remember that even the smallest of details can make a difference. For example, a few succulents and plants can easily brighten up and change the mood of any room. A simple wall gallery can make a bland looking wall more interesting.
  • Add a random element. – Lastly, make sure to add some random element into the mix. Think quirky and out of the box. This should give enough juxtaposition to make the office or store appear interesting and unique.

Remember, when somebody walks into your commercial property investment be it an employee, a business partner or a client, it pays to make impressions count. The way that the office or store feels makes quite a striking feeling that people will remember you by.

Dos and Don’ts at Online Property Auctions

online-property-auctionOnline property auctions are one of the best sources and avenues used by investors today. Unfortunately, not everyone is well aware and skilled to participate in one which can become a disadvantage. To avoid that from happening, Singerviellesales.com came up with the following list of do’s and don’ts to guide you along.

Do take time to study. Like a regular auction, ample preparation shall be needed even if majority of transactions shall happen online. For one, there is the need to research on the facts and information regarding the properties being auctioned off.

Don’t forget to run a background check. The sellers and the site must be verified. Are they legit? Is it legal? How long has it been in the business? Do experts and other investors recommend it? Run a background check for safety and security purposes.

Do have the property surveyed. Hire a chartered surveyor to examine the asset pre-bidding. The day of the auction shall be announced so there should be ample time to do this. Never close on an investment without visiting it and validating facts.

Don’t get an asset with a lien on it. The reasons are pretty obvious. A property used as a lien, one where there is a legal claim on it, is very risky. There is a big chance that it can be foreclosed and the investment deemed futile and a loss.

Do have the value assessed. This is one of the things that a surveyor is hired for. Does the seller’s assessment on the fair market value come close with the starting bid? No not exactly. However, this data is still important to make sure that one does not overbid and pay up for more than what the asset is worth.

Don’t forget about ongoing costs. These refer to the repairs and maintenance expenses spent on the regular in order to ensure functionality and upkeep. This is not part of the market value and shall be borne by the buyer. A high level of these is very detrimental and costly in the long run even if buying the property came in cheap.

Do check the terms and procedures. Not all online property auctions are the same. They can be similar but several factors can be different particularly in matters of processes and rules. It is best to take a look at the site first, read and scrutinize. Don’t hesitate to pop a question too if there is any. These websites come with contact details for that.