With house prices set to rise this year and interest rates still at a record low, now should be a great time to invest in property. But what to buy?!!

The answer may seem simple, (to make money!) but the reason you are investing will determine where and what you buy and how successful your investment will be.

Example 1. Landlord is in their 30s and has a long term plan. The budget is &125,000. Here we would be looking for a property that would attract long term professional tenants, close to good transport links (such as M4) or places of work (Hospitals, Universities) They will probably be compromising on the overall yield in favor of long term capital growth. 

Example 2. Landlord is wanting to achieve a yield of 7% or more with a budget of &80,000. Here we would be looking for cheaper 2 bed terraced properties around the city center, such as Landor or Plasmarl that would rent for about &475pcm to attract the younger market. 

Here is a good example of a property that could yield 6.6% if it was purchased for &95,000 and would rent for &525pcm. Manselton, &99,950

If you are looking to invest this year and would like some free advice, please feel free to book an appointment either in the office or over the phone. If you have already seen something that has taken your fancy, why not email it over to me and I can let you know my thoughts - [email protected]

Happy Investment Hunting!