Introduction
If you’re a property investor, then today’s market is undoubtedly promising. Demand for housing is high and buyer confidence remains high. If you’ve got some spare cash, this could be the best time to invest in buy-to-let properties – especially if you’re looking at areas close to large university cities such as Manchester, Sheffield, Liverpool and Leeds.
As the property market continues to rise, investors are becoming keen for a piece of the action – and for good reason.
As the property market continues to rise, investors are becoming keen for a piece of the action – and for good reason.
The value of buy-to-let properties has increased by £20.5 billion since this time last year, according to Rightmove. This means that if you already own high-yield homes that you’re renting out, then your net worth is likely increasing too.
What’s more, if you’ve been considering investing in property but haven’t yet taken the plunge because of uncertainty over Brexit (or other factors), now could be one of those rare moments where it actually makes sense not to wait any longer – especially if there are some deals out there that will make it worthwhile getting involved before prices continue going up even more!
Today’s investor-friendly market can present potentially lucrative returns for those with an eye for a deal, whether you’re looking to make a quick sale or invest in buy-to-let.
Property prices have been on the rise for years, with London and Manchester being prime examples of this. The average price of a home in London has risen by £84,000 since February 2014 and is currently at £564,000. In Manchester, it has increased from £138,000 to £217,000 over the same period.
Both areas are experiencing high levels of buyer demand due to their reputation as major cities with high standards of living – which means that those looking to invest in buy-to-let could earn themselves some healthy returns if they choose wisely when purchasing property there.
Property price growth has been fuelled by a growing demand for housing and high levels of confidence surrounding the prospect of making money from buy-to-let.
As property prices continue to rise, more investors are likely to enter the market in order to take advantage of the trend. A growing demand for housing and high levels of confidence surrounding the prospect of making money from buy-to-let have fuelled this growth.
In fact, according to research by Countrywide, there has been a 20% increase in transactions over the last three years as investors look for new opportunities outside London.
Key investor areas include London (where prices are rising at around 8 per cent per year) and large university cities such as Manchester, Sheffield, Liverpool and Leeds.
Key investor areas include London (where prices are rising at around 8 per cent per year) and large university cities such as Manchester, Sheffield, Liverpool and Leeds.
While these are the most obvious places to start your search for a property investment, they’re not the only ones. If you have more money than you know what to do with but still aren’t sure where to invest it, consider looking further afield as well.
What Next?
The next step is to start looking for your next property. There are a few things you should be looking out for as an investor:
- Look for areas with good growth potential and rental demand. This is where you’ll find the most value in terms of future returns on your investment capital, as well as being able to rent the property out quickly and easily.
- Look for properties that are close to transport links, schools and amenities like shops and restaurants. It’s important that tenants have access to these services if they’re going to choose this property over another one nearby (especially if it’s offering similar pricing).
Buyer demand will continue to fuel price growth – so now could be a good time to get involved.
- If you’re thinking about investing in property and haven’t yet got started, now could be a good time to get involved.
- Buy-to-let is a safe and reliable investment.
- You can make money from rent, as well as capital growth.
- It’s easier than ever to get started with buy-to-let investments thanks service providers like Root Home who will do all the legwork finding you deals.
Conclusion
So, are you still sitting on your cash? If so, it’s time to get your deal on! Property prices are continuing to rise: this could be an excellent time for potential investors to jump in and get their hands dirty – or simply find a good investment opportunity for their future. With so many options available today, there really is no reason not give it a go!
