Getting Started with Property Investment
ZUNE TH
S AT TA R
Getting Started with Property Investment Zuneth Sattar
With the UK’s stamp duty holiday scheduled to run until the end of March 2021, many potential investors are using the window of opportunity to get into property investment. For these individuals, the range of options include: •
Commercial Property: While many are predisposed to think of warehouses, office buildings and retail stores as the only types of commercial properties, additional types include purpose-built student accommodation, hotels, short-term rental units and care homes.
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Residential Property: Investors considering residential property can consider buy-to-let options, which provide regular rental income. One of the key aspects to think about early on is the type of demographic an investor wants to target with their rental property.
Location The type of property to invest in will determine the location to focus on. For example, an investor interested in catering to a student demographic will have to consider towns and cities that have predominantly large student populations. From the resultant choice of locations, an investor can focus on the particular one that aligns with their investment goals.
Trends While young professionals and students have been the focus of many property investors, an ageing population in years to come will require a different set of property needs. Forward-looking investors might want to consider investing in long-term care homes and related properties to meet this need.
THE TYPE OF PROPERTY TO INVEST IN WILL DETERMINE THE LOCATION TO FOCUS ON.
Forward-looking investors might want to consider investing in long-term care homes and related properties to meet this need.
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