Where to buy investment property in the UK
It is a well-known fact; It all comes down to location, location, location. To be more specific, the proximity of the property to key transport links, tube, train or Elizabeth line. A property that would provide the tenant with mobility.
It is common knowledge that 75% of tenants want to live 5-10 minutes walking distance from the transport links and most prefer to be 30-40 minute commute to work.
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Where to buy investment property in UK: How to identify the best areas to invest in?
Any area that has signs of regeneration is taking place, lots of cranes, developments would be a clue. This is followed by investors coming to the area and taking up retail and commercial spaces.
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Outer area such as Croydon, Colindale, Royal Docks and Canning Town are expected to generate good returns with a low entry cost, anticipated to increase due to regeneration plans.
Consider what type of investment you are looking to make
- New build
- Property in a regeneration area
- Property in an already established area
Which one is right for you depends on your personal circumstances and preferences. There is no right or wrong answer.
Your responsibilities as a tenant
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