What Makes a Good Investment Property?

Location

Most new property investors make the mistake of buying their first property either close to their own residential house, or in a so-called ‘hot-spot’ being promoted on the television or in the newspapers. Whilst many of these investments may still make a moderate return, the trouble with this approach is that in all markets, some areas will always be performing better than others – and it’s statistically very unlikely that you’re living in the most buoyant investment area – and of course, by the time the media are hyping-up a ‘hotspot’, the savvy investors have already made their money and moved on.

Even experienced investors often don’t have the time to constantly research the changing market and identify the emerging areas ahead of the competition – and of the very few that do, it’s only those with a vast network of contacts who know which new build developments were granted the best planning permission, won the latest contracts or are cutting the best deals.

Here at 1st Property Investment, we make it out business to know these things – and to translate this knowledge into fantastic property deals for our clients. Our sourcing specialists all have a professional background in the property industry and are in daily contact with the key decision makers in developers up and down the country so they always know exactly where the great deals are being struck – and how to secure them for 1st Property Investment investors.

Economy

Finding a potential property hotspot is one thing – but filtering down to only those investment properties with the potential to show good returns year after year for a decade or more is quite another – and this is where an understanding of the local economy really comes into its own.

We look for factors that change the local economy – for instance, new employers changing the profile of the employment market from manufacturing to IT and generating higher local incomes, or allocation of regeneration funding from the government – all of which help us spot a hot-spot in the making.

Transport

Even the most desirable location can have its investment potential severely curtailed if the access limitations put it out of reach – and likewise some of the most unlikely sounding places can become a hive of activity as new motorway exits are opened up, or new rail terminals sited. Knowing how and where transport links are due to change can be the deciding factor that separates a good deal from a great deal when it comes to property investment. We spend time researching the market to ensure we know where the next transport links are being built and where the government intends to spend billions.

Call us now to see how we can help you on 020 7014 3800.