…you can’t sell your own home. Due to the current property market, we have a lot of landlords who have opted to keep hold of the property and let them out.
…as a pension pot. Increasingly we are dealing with investors who are looking at property as an excellent investment, achieving yields on rental properties of 6% or more.
… for your children / family to live in. Recently we have seen a rise in the number of landlords who have purchased properties for their children or family to live in. This can be a great investment opportunity.
…building your own business. Being a landlord can be a great business opportunity. Like all businesses though, proper planning is essential and where possible, speak to the experts.
…because you inherited a property. An inherited property can provide income, capital growth and represents a safe investment. Your outlay would be little or zero and therefore the monthly rental yield would be higher than buying an investment property.
Belvoir Lettings offer free and impartial advice on which property(ies) to buy and what rental value you can expect to achieve. Contact us or pop in for a chat.