Paul Georgian Owner

The Buy2Let Shop Limited

The Buy2Let Shop Limited is a property investment company based in London UK and deals with investors at novice/beginner level or advanced property investors. We offer professional services to vendors looking to sell their home to investors looking to build their portfolio.
The Buy2Let Shop Limited South Tower, 26 Elmfield Road Bromley BR1 1WA
020 3837 3300
24 May 2017
24 May 2017,
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Despite last year’s political uncertainty, not to mention the forthcoming snap election, UK property investors are showing more confidence than ever in the market – and sales are up as a result.

Asking prices hit a record high in the four weeks leading to the 13th May, with the average property now going on the market for £317,281. Here’s more information.

Who’s Investing in UK Property?

The biggest demographic of buyers are families – particularly those seeking a house in a popular school catchment area. When examining family-home sales alone, asking prices for these types of properties have risen by 5.4% in the last year, to £270,953.

Miles Shipside, Rightmove’s housing market analyst (and director), claims that practicality is overruling any concerns about the current political climate.

“Parents with young children also have the pressures of travelling times to amenities, as well as the weekday school commute. They have to be balanced against under-pressure finances, even more so when the sector with the property type that suits them best is seeing the biggest price jump.”

Property Investment Opportunities for the Family Demographic?

This evidence suggests that families are prioritising location – with a preference for properties that are close to local amenities, schools and transport links. If you’re looking for buy-to-let property for sale and you want to appeal to this lucrative market, it’s worthwhile taking those priorities into account.

When searching for investment property in the UK, consider the following:

  • Is the location profitable? Are other landlords enjoying good success in the area? What’s the average rental yield? Can you expect profit from capital growth? If you’re not sure, ask a local expert, such as a property investment agent.

 

  • Does it have everything a family is looking for? Search for locations that offer that extra special something for families. For example, being within a ten-minute walk of a local school is a big plus. So too is being close to the local train station or bus stop.

 

  • What are its unique selling points? Remember the things that families particularly prize – good-sized living space, an open-plan layout and of course, some form of outdoor area. If you can find a buy-to-let property for sale with a large garden, for example, you’re far more likely to appeal to families!

 

  • Is it a ‘family’ area? Some streets are more family-friendly than others. Don’t accidentally purchase in a student-dominated road or location more commonly associated with young professionals, as this may limit the number of tenants interested in your property.

The Buy2Let Shop Limited

The Buy2Let Shop in Bromley are a team of expert property investment agents, with specialist knowledge of investment properties in London and across the UK. It’s our job to help you find the right buy-to-let property for sale, at a price that suits your budget.

We have a variety of properties on our books, which aren’t available to the general market and that are priced competitively to sell. To find out more about our services, visit The Buy2Let Shop website today.

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