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Investment in residential property remains popular in Bath but can be fraught with difficulty if not dealt with correctly.
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Why property? - To many people, the expression 'bricks and mortar' conjures up images of security and above all, it represents a tangible asset rather than numbers on a share certificate. Bought wisely, an investment property should provide a regular monthly income over a period of years and may also benefit from a gain in Capital value.
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| What to buy? - Each person expresses differing needs for their investment. Some require immediate return with less concern for capital growth, others take a longer term view and perhaps buy with a capital gain in mind. Once we know your specific needs, we can advise accordingly. |
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Pitfalls? - As with any investment, a risk element must always be considered and property is no exception. The property market in the United Kingdom has proved to be cyclical but with a finite supply of homes, Bath fares better than many locations should prices reduce. Over many years, rental inflation has been steady making budgeting much easier. Buying the wrong property however is still the major danger. We can assist with appraisal of any opportunity considering not only demand but also maintenance requirements both short and long term. |
Security? - Providing the tenancy is drawn correctly, you can be assured of obtaining possession of your property. Changes in legislation now assist the Landlord rather than restrict them as has been seen in the past.
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Is it for me? - This type of investment does not suit all circumstances or situations. We will give you honest advice to the best of our ability and would much rather deal with a satisfied customer! |
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Contact us for more information. |