To the property investment newcomer the sheer volume of information out there on the subject can be totally overwhelming. You can spend days of your life reading about property investment strategies that the experts have dreamed up and others telling you where and where not to invest.
This is all very well but it is best to get down to basics when it comes to successful property investment. You will find a lot of conflicting advice on the Internet so concentrate on the fundamentals below and you won’t go far wrong.
The Right Location
It goes without saying that you need to get this right. You will not make good rental income or flip profits if you purchase a property in the wrong area. Find out if the area that you are thinking about has all the right signs for making a good investment.
Think about the common elements of an area where property sales are high and the best prices obtained. Do these factors apply to your choice of location? If not then you will have to rethink your target area.
Is Money Being Spent In Your Target Area?
If good money is being earned and then spent in your target area then this is a good sign. It will attract buyers of properties as well as other property investors. You may think that you know this already but it is always worth checking. This may seem too obvious but you will be surprised how many novice property investors fail to even think about this.
Is There A Good Standard Of Schooling In Your Area?
Check to see if there are reputable primary and secondary schools and if there are then the properties that are located around them will be a good investment. Most UK schools are now sticking to rigid postcode areas for new pupils, so if you can find a property in the catchment area and the house prices are increasing then you will be onto a winner.
Is The Travel Infrastructure Good?
Commuting into cities while living outside of them is very popular these days. If your target location has good rail links and other transport links then there is likely to be a higher demand for property purchases and rentals.
Check out the infrastructure and whether or not the local council has any plans to introduce new travel links in the near future.
Does The Area Have Good Employment Opportunities?
What kind of employment opportunities exist in your target area? If they are good then the impact on the property market there is likely to be positive. Are there a number of technology based companies situated there? These can be very good for the housing market. There may be plans for big employers to situate themselves in your location so make it your business to find out.
Let Us Get The Basics Right For You
What if you didn’t have to check all of these fundamental issues, and could leave it in the hands of experienced property investors to do this and still make a good return on your investment?
Well you can. Here at CPI we will cover all of these fundamentals to ensure that any property purchases are sound investments. We have a great deal of experience in this area and for a limited time we are offering “hands off” property investment partnerships to the right people. If this sounds interesting to you please get in touch with us by using our contact page.