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Real Estate

A first-time investor’s guide to buy-to-let

2 Mins read

Are you planning to invest in real estate properties for sale in Battersea? If so, have you considered the type of property you wish to purchase? There are several different types of real estate, however, the most lucrative at the moment has to be the buy-to-let market. To find out more about this industry, you should take a look at the guide below. This will help you decide if a buy-to-let investment is right for you. 

What is buy-to-let?

A buy-to-let property is a piece of real estate that is purchased with the intention of renting it out to tenants. By investing in the buy-to-let market, you instantly become a landlord and take on all the responsibilities associated with your investment property. This can provide you with excellent returns in the form of monthly rental income, as well as the potential for capital appreciation in the event of inflation to the property market. This is beneficial if you plan to sell the property further down the line. 

How to get started in the buy-to-let market?

Before you go ahead and purchase the first property you see, you need to make sure you know all the facts. Conducting thorough research on the property market will enable you to weigh up the pros and cons and decide whether the buy-to-let market is right for you. Many investors have reaped huge benefits from investing in this type of property, as it offers consistent income as well as the potential for future capital, which is ideal for retirement or any other long-term goals. 

Another great way to get started is by consulting with property experts like RW Invest, who specialize in finding the most lucrative buy-to-let investments for their clients. By working with professionals, you can generate a better understanding of the process and can also rest assured that your investment will become a success. 

Where should you invest?

One of the most important things you need to consider when investing in a buy-to-let property is the location. You need to make sure that you choose a sought-after area that will guarantee a significant amount of tenant interest, and also offer excellent returns. To do this, you need to seek out properties with high rental yields. Basically, this is when the purchase price is fair yet returns are high, enabling you to receive significant profits. 

Some of the most profitable buy-to-let areas in the UK are located in the North-West, where the average recorded yield was 4.8% in November 2018. To benefit from generous rental returns, you should consider investing in areas like Liverpool, where you can find yields up to 11% and Manchester, with 8%. These are extremely popular areas from young professional tenants, as they are nearby excellent job opportunities, while students are also interested in these areas due to their proximity to various north-west universities. 

By making a calculated decision regarding the location of your property, you can rest assured knowing your investment will become a success and will allow you to receive massive returns now and in the future. 

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