Over the last couple of years traditional commercial investors have found it hard to find investment opportunity with any great success.
The commercial sector is at best quiet and at worst completely stagnant. We however have directed our clients to the residential market.The rented sector in now the fasted growing sector of the housing market. Renting is now fashionable as most young people struggle to gain funding.The private landlord is stepping in to provide 18-37 year old with affordable homes.Rents have now increased for 22 months and counting and with historically low interest rates there has never been a better time to invest.Balliol Property Management & Development Ltd in partnership with Chantry Management (Newcastle) Ltd have a back ground in the acquisition of property for investors throughout the UK. Our buyers can locate property or source from our already large database and create a portfolio of between 100k and 500k achieving around 10%.
All properties come managed and tenanted with nothing for the investor to worry about.
Example
Newcastle pair flats 78k rental income £900pcm
Washington 3 bed house 67k rental income £500pcm
Durham 2 bed house 45k rental income £450pcm
Stockton 2 apartments 170k rental income £1200pcm
Wallsend 3 bed terrace 75k rental income £550pcm
Total portfolio price £435k Total rental £43200 Yield 9.9%
Balliol Property Management & Development can also find properties in need of renovation and carry out all relevant work. The speck is always the same so quality is always the same.
This way the portfolios overall value can be increased significantly. Our property buyers have years of experience, all the contacts and are landlords themselves. This means they can spot a good investment from a bad one and create the best use of your capital.
From a single property to an entire portfolio let us locate your next capital investment .
For more information contact Sue on 0191 4175750 or email admin@chantryestates.com
Article Courtesy of Les Burnip @ Chantry Estates