Tag Archive: UK Investment property

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

Factors to Consider in a UK Investment Property

A UK property investment is considered to be a very wise decision considering that the country is known to be one of the world’s biggest and strongest economies. With a population and tourist number that’s pretty promising, demand for real estate assets is beneficial to investors. However, not all properties are the same. Some are more valuable, others can be expensive to maintain and there are also those that have very promising potential. Then there are the opposites.

With all that said, we decided to look into the details and list down the vital factors to consider when buying a UK investment property.

  • PURPOSE – There are different types of properties and each one serve a unique purpose. Make sure that the asset one buys or looks into fits the bill. It has to cater to the needs otherwise it will be a useless purchase.
  • LOCATION – As we all know, location is king. It speaks a lot about the value of an asset. Regardless of its purpose, location has to be convenient primarily in terms of transportation and proximity to significant establishments.
  • FEATURES – Some features to a home or an office building shall bring a huge bearing in one’s decision. Just see to it that such features fall into the category of need rather than pure want. The latter can play a role but it should not drive the decision alone.
  • SPACE – There has to be ample are for movement regardless if the property is for personal, commercial or industrial use. Cramped areas are a huge no-no.
  • UK-investment-propertyPARKING – It becomes a huge headache when parking space is limited or worse nil. A home may only need a few but a commercial space will demand more. Absence of it can drive customers away.
  • NEIGHBORS – The structures and establishments adjacent to, beside or within the area of the property is crucial. For example, buying a house in an area near a school, one’s office, a hospital and a transportation hub is divine. Also, the properties near it shall either increase or decrease its value in the long run.
  • SAFETY – This is a no brainer. Always make sure that the property is safe not only in structural matters but also in terms of the location’s crime rate and security levels.
  • COSTS –A UK investment property is deemed expensive too should it have high repairs and maintenance expenses, also known as ongoing costs. Make sure to look into this matter before closing in on a purchase.

Want more info on investment properties in the UK? Go to https://www.singerviellesales.com.