How To Invest In Property?
Property investment is one of the top 4 most common types of investment and can take many forms from buy-to-let to buying off plan.
It’s important to remember that investing your finances always carries with it a level of risk which is why Unity Investment Group is here to help you through the pitfalls and make sure you’re as successful as possible.
We’re strong advocates of collaborative buying power which means we can negotiate substantial discounts for our investors meaning you can invest with less.
We have a strong network of developers and investors and a wealth of experience to help you make the most from your investment.
What Different Investment Opportunities Are There?
The most common property investment paths are:
- Buy-to-let investments
- Property development
- Off plan new-builds
- Buy-to-let investments
As it says on the tin, you but a property with a view to letting it out. Despite tighter regulations to safeguard tenants, buy-to-let is still one of the most popular and lucrative investment strategies.
That’s because you benefit from capital growth and a monthly rental from your property – the rental market is still strong but being a landlord isn’t for everyone.
There’s a lot of red tape and costs associated with managing your own property so it’s best to seek advice and do your research to see if this route would suit your goals.
If you think buy-to-let is for you but you want help then finding a reputable letting agent can take some of the stress away from you as they can manage the day to day issues in terms of maintenance and compliance on your behalf.
Done well, it can provide a healthy additional or replacement income.
- Property Development
Whereas buy-to-let is ideal for the long-term, property development is a great route if you want to see more immediate results.
In simple terms, you find a building in need of work which will result in adding significant value. Once the work has been completed, you sell it on at a profit.
Factors that can affect how much profit you make include speed and market conditions. If the work takes a long time then changes to the market can mean your property’s value depreciates and your outgoings can mount up if the project takes longer than anticipated.
You also need to take into consideration actually finding a suitable property in an area where you will be able to make your money back.
Try to seek guidance from local experts and always spend time learning as much as you can about the property and the area you are considering.
Go into the investment with your eyes open and you can make great profits in short spaces of time if you do property development well and buy low, renovate cost-effectively and sell on quickly.
- Buying new-builds off plan
If you’re looking for more of a hands-off role in the property market then buying off plan could be an option for you.
This simply means that you buy a property which hasn’t been built yet, purchase it at an early stage and then sell on once the work is complete.
Flipping a property in this manner sounds simpler than it is and you must be aware of the risks as it’s extremely dependent on market conditions.
For example, if you buy a property off-plan and there is a dip in the market, you could end up having to sell for less or even not being able to sell at all if you are mortgaged high.
Investors adopting this strategy realistically can only work in a market that is enjoying high capital growth and high buyer demand.
There is also the risk of development work stopping, or a builder going bust part way through a development.
The risks are clear, but flipping, at the right time, can be extremely rewarding for little effort.
Still Interested?
If you’re serious about taking the next step in your property journey then call or us or <contact us> and we’ll arrange a free consultation to learn more about you and your property goals.
We will look at aspects of investing including rental yields, initial investments, connections and locations and take you through our process so you know exactly what you need to know, without the complicated jargon or inflated promises you can get from some online and in person seminars.