Real Estate investment opportunities in Stourbridge, West Midlands county.
While renting a house or an apartment has been originally seen as a cost effective and cheaper way of ensuring accommodation and a roof over your family’s head, in the recent years the world has seen a trend where the cost of paying out the mortgage payments is less than that of the rental fee. While the markets are fluctuating and so are the economic trends, purchasing real estate and properties has been and remains one of the most profitable investment options. When looking to purchase an apartment or a house in the UK, it is important to consider the location that you would like to live in.
While initially you may want to buy a house to live there, in the long run this may turn out to be quite a business opportunity – as you can rent it out. It is therefore recommended to buy a property in a somewhat popular and economically vibrant and highly developing location.
In the UK, one of the best areas to look for a house to invest in is the West Midlands county. It not only offers its citizens a high standard of living, plenty of jobs and infrastructure, including universities, schools, hospitals, bars, restaurants, supermarkets and so, but it is also located in a beautiful scenic region. While the busiest city in the county is Birmingham, it does not offer the most affordable projects, in the meantime there are plenty of cities and smaller, quieter towns offering a high quality of life, such as Stourbridge, located 30 minutes from Birmingham by car. In the past year alone, there has been a trend of growing rental prices in the Midlands, meaning that purchasing a house here, can yield a steady income from the buy-to-let option.
Another advantage of purchasing property in the UK is that, unlike other countries, there is no income tax for residents who receive their income outside of the UK, this consequentially led to the increased demand in Real Estate investments in the country and the influx of the richest people to London and its suburbs. There are not only professional real estate agencies and their experts who can help you with choosing the right property as per your requirements and available budget, but the UK banks also have an attractive mortgage system, which encourages foreigners to invest in real estate.
Dixons estate agents, who have numerous offices across the Midlands county and more than 80 years of market presence have some one-of-akind investment opportunities in Stourbridge that are suitable for families of various sizes. There are detached, and semi-detached houses available for purchase, offering from 2 to 6 bedrooms, bathrooms, large kitchens, comfortable lounges and living rooms, with small gardens and terraces for you to choose from. Not only can the details be seen on the agency’s website, but they can also organise an individual tour of the property that you are interested in. Where a 3-bedroom house can be purchased for less than £130,000, there are other properties where the price can be negotiated with the owners.
Resource: http://www.dixonsestateagents.co.uk/forsaleoffice/stourbridge/468/