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Why buy an Investment Property?

  • Posted by Karl Deeter on 20 July 2007 - Leave a Comment - Printer Friendly Version
  • Capital Appreciation Potential
    Property has always been an excellent long term investment and although there are no guarantees to future gains currently prices are still rising and rental income is strong for quality units in good locations

    Rental Income
    Monthly income which meets the mortgage repayment and also generates a new income for the Investor

    Costs to consider

    • Stamp Duty
    • Legal Fees
    • Structural Survey
    • Fit out costs
    • Letting fees and Management fees (if an apartment)
    • Insurances

    Choosing a good Investment property
    Location is vital, is the property close to where tenants might work? Good transport links? Good area?

    Is the property in a good state of repair? Tenants have high expectations and strong rental income will only be achieved with a high spec property!

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