PROPERTY PROFILE

Property- a good time to invest?

Acorn Property Group is one of the UK’s leading housebuilders and bespoke developers. With over 25 years’ experience, Acorn builds beautifully designed homes and places to work. With offices in London, Cornwall, Bristol, Cardiff, and Exeter, Acorn has completed numerous developments creating houses, apartments, and commercial premises across the country. It committed pipeline sites provide more than 2,000 homes with a total value of over £1.1 billion that will be delivered over the next 3 – 4 years.

Acorn has a longstanding commitment to the south west, specifically Cornwall, having worked on projects in Falmouth, St Ives and Padstow among others. In addition to the planned pipeline of new projects, Acorn continues its focus on sustainability and community engagement for all residents locally, further highlighted by their recent launch of Acorn Green initiative. Acorn’s ‘Different by Design’ ethos can be seen throughout all of its developments; most of the schemes involving the regeneration of brownfield sites and replacing and converting redundant buildings to create homes. It develops a wide variety of sites; urban, rural, brownfield, greenfield and conversions including many listed buildings.

Following Acorn’s strict ethos, its experienced and imaginative management, construction, and sales teams have enabled it to become one of the country’s most successful property developers and partners.

Acorn Property Invest

It’s no surprise property continues to defy the odds and remains an asset you can rely on. While the last four years have been difficult, average house prices have risen by almost a quarter – proof that investing in bricks and mortar can lay the foundations for a secure, long-term income.

It was because of this that the group launched Acorn Property Invest early last year, created to introduce investors to various schemes throughout the UK, allowing them to diversify their portfolio and buy into a different aspect of the property market. What truly makes Acorn Property Invest stand out is its unique 25-year track record of excellence across the United Kingdom.

The ups and downs of buyto-let are high. While landlords have a couple of tax breaks, they also face strict health and safety rules, maintenance requirements, and rogue tenants.

When some investors hear the words property investment, they picture a labour-intensive process fraught with potential headaches. But of course – there are other ways.

This is why savvy investors who are looking for a hands-off, hassle-free foothold in property are turning to Acorn and their range of diverse equity investments.

Hands Free Landlord

Kyla Campbell, head of residential developments at Acorn Property Group, comments on the buy-to-let market

What do you think the greatest risk to landlords are?

I think the greatest risk to landlords is bad tenants. I don’t think I can emphasise enough the amount of research, checks, guarantees, deposits you need to make and take because a bad tenant can wipe out a year’s income in the blink of an eye and a terrible tenant could literally just destroy your investment.

Have you noticed any changes in the approach investors take?

We have seen a more professional approach to the property investments than previously. We’re finding that landlords are more prepared to speculate to accumulate – they’re maintaining their properties to a much higher standard to minimise voids and retain decent tenants.

How has the Pandemic effected the property market?

Obviously, there’s a lot of talk about change of lifestyle brought about by the pandemic, which is undoubtedly true, but I think it’s more than that. Quite simply there’s not enough homes in the right areas or the right quality – demand continues to outpace supply. Ever since Brexit the property market has been quite frozen, and I just think there’s a huge backlog of demand that’s been underestimated.

Cornwall

There are many reasons why Cornwall is a good place to invest in property. The attractiveness of Cornwall cannot be disputed, as the stunning coastline, picturesque villages and towns, excellent food scene and variety of outdoor pursuits are visible to residents, tourists, and investors alike. Cornwall also is an important area for tourism, and the demand for accommodation continues to grow as they attract more people to visit.

The recent events have left Acorn in a wellpositioned place to grow in this particular region of the UK. Recent trends, known as the ‘Urban Flight’, have seen many people move out of big cities and into coastal/rural areas, boosting the property market in Cornwall - Acorn has been perfectly placed to capitalise on this change in popular demand. Property values in less densely populated area have risen much faster in rural areas than in urban hubs and cities, the Resolution Foundation [1] has said.

Falmouth

It’s because of its recent success coupled with the strengths Cornwall has recently presented that Acorn is able to launch an exciting new investment opportunity on a scheme in a prime location at the old Marks and Spencer’s in central Falmouth. The waterfront development offers direct access to the water, with a view of historic St Mawes just across the bay. Each home is set to be finished to a luxurious specification and will benefit from allocated parking, boat storage and private outdoor space.

The opportunity which launched this month, allows sophisticated and high net worth individuals to invest in a Redeemable Share for as little as £5k, offering the chance to share in Acorns profits by investing directly into its exciting new product. These Redeemable Shares have been structured with the investor’s security in mind, so offer a good rate of return regardless of profitability.

Falmouth is one of the major conurbations in Cornwall with some of the most compelling opportunities for investment. It features numerous restaurants, bars, galleries, museums and high street shopping as well as three marinas, multiple chandleries and a thriving sailing and water sport fraternity. It truly is a great place to invest in property, be it the high population, increasing demand for accommodation, or even the tourist numbers on the rise post lockdown; there’s a reason for almost any investor to be interested.

Conclusion

If you are interested in this new investment opportunity and would like to find out more please email investor.services@acornpg.org visit www.acornpropertyinvest.com or call Acorn on 0203 858 9881.

Only open to high net worth and sophisticated investors. Past performance is not a reliable indicator of future performance. Capital at Risk.

Acorn Property Invest is a trading style of SeedTribe. SeedTribe is Authorised and Regulated by the Financial Conduct Authority. The Firm Reference Number is 695526

Source [1]: https://www.resolutionfoundation.org/ publications/housing-outlook-q2-2021/