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Property118.com
Sunday 9th June 2013
Total Number of Property118
Comments:
4
16:34 PM, 21st March 2016, About 9 years ago
Although it may seem like bad news for buy-to-let landlords, all is not lost. Inflation is low, shares prices are falling, several investors like the simplicity of student accommodation investment because they have paid for their own children weekly rent throughout 3 years of university. Director AK says of these investments; “they have been really popular as a hands off investment generating 8% net income per annum."... Read More
16:24 PM, 21st March 2016, About 9 years ago
Although capital gains tax was not reduced for buy-to-let landlords, all is not as bad as it would seem. Inflation is low, shares prices are falling, several investors like the simplicity of student accommodation investment because they have paid for their own children weekly rent throughout 3 years of university. Director AK says that “It has been really popular as a hands off investment generating 8% Net income per annum."... Read More
23:55 PM, 13th September 2015, About 9 years ago
It sucks getting gazumped. If the laws were more like in Scotland, once an offer were accepted, that becomes the binding contract. It would avoid chains of purchases falling apart. The other option is to purchase off-plan property because their are usually a few units and you can avoid the disappointment of missing out. ... Read More
23:40 PM, 9th June 2013, About 12 years ago
Hi Matt,
It is great to hear that you have connected with another landlord in your area who seems to be doing well.
If you are able to negotiate deal to a below market value price and add additional value or an extra room to maximise income that sounds like a recipe for success.
Having your buy-to-let portfolio in your local area gives you a greater sense of control and can often keep running costs low by self-managing the properties.
If you are open to properties outside of your area; I have a motivated seller who is prepared to sell his two bedroom apartment in Salford for £ 107,995. It was only built in 2008, so there will probably not be much you have to spend on it for a while. A Similar two bed apartment was sold in the same block in last year for £134,597.
The flat is tenanted with a rental income of £ 695 per calendar month. The Net yield after deducting letting management fees, ground rent and service charge is 6%.... Read More