Category Archives: UK investment property

UK Commercial Property Investment : Where to Invest?

uk commercial property investmentWe’ve all heard that in real estate, location is king. But this statement is pretty vague. The United Kingdom is a massive country. With approximately 243,610 square kilometers of total area, where exactly do we purchase a worthwhile UK commercial property investment? Here’s a list. Take a look.

OPTION #1: DOWNTOWN METROPOLIS

The downtown metropolis is a no brainer for most of us even to the newbie investor. The heart of any thriving and busy city is where you will see many businesses and for good reason: foot traffic and accessibility. It’s where businesses thrive and where people flock for both work and leisure. It is because of these reasons that properties in the city are valued highly. Likewise, they also tend to appreciate faster and larger compared to others.

OPTION #2: ECONOMIC ZONES

It’s not exactly the heart of the city but it’s where offices, factories and employment thrive. It provides for the economy hence attractive to investors, businessmen and the public in general both citizens and visitors looking for work. Similar to city located assets, a property investment UK in the central business district tend to appreciate more in value over time.

OPTION #3: RESIDENTIAL AREAS

A property investment UK within or in close proximity to residential areas is also worthwhile simply because of two things. First, who doesn’t need a house to sleep in? There will always be demand for these especially given that the United Kingdom is a huge economic country with bustling trade and tourism. Second, its nearness to where people live creates a market of patrons especially if we’re talking about commercial and retail assets.

OPTION #4: DEVELOPING AREAS

The same can be said of areas with rising infrastructures (e.g. roads) or establishments (e.g. schools, shopping malls, etc) being built. Although they might not be as packed as the metropolitan district yet, they are still quite promising. At the same time since they are still emerging, buyers are more likely able to acquire them at a lower price. These developments even help raise the value of assets surrounding then.

OPTION #5: TOURIST HUBS

A UK commercial property investment, especially one that’s for the purpose of business say retail units, will enjoy massive benefits if it’s near or within strategic tourist areas or pretty much in places where tourism is enjoying massive success. They have high foot traffic, high exposure, promising appreciation and transportation convenience. The demand that they bring are pretty massive too.


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How to Budget for a Property Investment

property investingWhen we hear the words budget and property investment in the UK, we often find our eyebrows clashing into each other like sumo wrestlers in a deadlock. It’s a challenge and a difficult one at that but we’re not saying it’s impossible. Need help? You’re in luck because here are some tips.

  • Identify your needs. – Recognize what needs to be spent on and how much resources will be necessary alongside where such funds will be taken from. There’s no point in making a budget without all these factors put together. Remember: needs, funds and sources.
  • Find a system that works for you. – We all have unique needs and different reasons for acquiring a property investment. This is why copying someone else’s budget isn’t going to cut it. Using it as a benchmark may do but be sure to attune it to the situation at hand. Make your own in accordance to your needs. There are various programs, apps and software to help you with this so you won’t necessarily be starting blind.
  • Make it a point to prioritize. – It is important to recognize that cash is a depleting resource. Add to that the fact that it’s hard to come by. Plus, expenses and requirements will have varying timing and values and so you might find it hard to provide for everything at once. This is why prioritizing your expenses is necessary. You need to determine which has to go first, which may be delayed or what can be foregone or cut back.
  • Be realistic and challenging at the same time. – A budget needs to be effective and to do so it has to remain realistic. Setting the bar too high to the point that it’s unachievable only ends in frustration. But that doesn’t mean that budgets should be loose. It has to be challenging too so as to discourage slack and wastage.
  • Use accurate data. – A property investment budget will remain futile if the values in it are inaccurate or were sourced incorrectly. Make it a point to research and check. Make use of up to date documents and information. This is no time to do some guesswork.
  • Work with three timelines. – When acquiring a property investment, one has to budget for expenses that will be spent prior, during and after the acquisition. Pre-purchase costs like research expenses, professional fees, security deposit and down payment should be prepared for as much as the principal. While post-acquisition costs like repairs and maintenance are crucial in identifying if the asset is worth it and doesn’t cost an arm and leg in the long run.

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UK Investment Property Checklist

UK investment propertyWhen making a UK investment property, it is wise to take things with a great deal of caution. Rushing into decisions will do no good especially for something as massive as buying real estate.

The United Kingdom is considered to be one of the world’s biggest economies with London as its capital which houses one of the largest financial centers in the world. Furthermore, it is a tourist magnet making it a huge market for business, employment and residency. It wouldn’t come as a surprise if more and more would want to invest properties in it.

When aspiring to make a UK investment property, buyers need to make sure that they have the following things in check.

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Checklist Item #1: Market Understanding – The UK property market works differently from assets in other countries. Moreover, properties from varying cities and towns will differ as well. Factors like supply and demand must be considered and understood to better make decisions in choosing an investment.

Checklist Item #2: Real Estate Knowledge – Moreover, one has to have at least basic knowledge when it comes to real estate or if not have someone who does. Not everyone is skilled enough to take a look and scrutinize properties and assess of their worthiness or lack thereof.

Checklist Item #3: Needs Realization – It is important to know of one’s needs well. There are many properties in the UK, each with their own features and strong and weak points. Be sure to define the purpose of the acquisition to better align one’s needs to the decisions made. With a huge selection available, it’s fairly easy to feel overwhelmed and lost.

Checklist Item #4: Financial Resources – Of course, it would be impossible to make an investment without the resources to do so. Because real estate, regardless of type, is significantly valued, it would take quite an amount to be able to buy one. This makes it crucial to prepare for, plan and make available the needed financial resources beforehand. Keep in mind that these investments have initial and post-acquisition costs too.

Checklist Item #5: Professional Aid – When making a UK investment property, one will have to call for the expertise of certain professionals. For example, there’s the real estate agent to aid in the search for the property, a lawyer or solicitor for all legal matters and a chartered surveyor to inspect and assess the asset before a sale is concluded.