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How To Invest in Property: Ten Tips For Property Investment

Property investment is one of the most popular investment types, especially in the UK, where the stable property market is often considered a worthwhile long-term investment. This is providing that all of the key considerations have been made and research has been conducted, to maximise return on investment. Nevertheless, with the right knowledge and advice to guide you through the process, investment in property can be a great option for anyone looking for ways to invest their money.

If property investment interests you but you’re unsure about where to begin, what steps to take and what considerations need to be made, then our top tips are the ideal starting point. Whether you’re looking for a single investment or you’d like to grow an impressive portfolio, following these tips will put you on the right path to success. They are designed to prepare you for the journey, giving you a good foundation of knowledge and advice to carry forward, so that you can feel confident and equipped when it comes to investing your money.

We appreciate the importance of getting it right when it comes to property investment, as a successful investment can provide great benefits. We are proud to invest our own money and time into creating places for people to call home, through a careful design process, thorough planning and effective delivery. These developments – ranging from complete to off-plan, to buy-to-let opportunities – are then available to investors, directly from the developer. Our long-term, careful approach to property development has been the key to success, and so we understand what really matters when it comes to investing money into property.

It’s important to make sure that you have made all of the key considerations before choosing to invest. These key factors include the location, the type of property that you’d like to invest in, and any additional costs or financial implications that you need to be aware of, such as mortgage costs and any tax-related consequences. Whatever questions you have about real estate investing and whatever you need to know, we’ll cover it here in this guide to property investment.

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TIP 1: Grow Your Knowledge

If you’re a beginner, it’s important that you take the time to understand the basics of property investment, before deciding to invest. The property market continues to evolve, and so it’s important that you have a solid foundation of knowledge that will help you to keep up with, and understand, these changes. Investing in a property is a big step, and so you need to make sure that you understand what it entails, and whether you’d make a suitable investor. You should expand your knowledge by reading plenty of information on the subject and you may also find it helpful to see an advisor. They can provide you with impartial money advice and more useful information regarding your specific options that are suited to your financial situation. Here is some information to get you started:

What is property investment?

Real estate investment involves purchasing a property with the intention of making a profit, either by selling it or renting it out. The investment usually also involves the ownership and management of the property, as well as the rental or sale of it, depending on whether you choose buy-to-let or buy-to-sell. It can be done on any scale, from owning one property for a profit to building a business from these investments. Investment properties may be owned by a group of investors, an individual, or a business. They may also be used as a long-term or short-term investment, although long-term is usually considered the most successful.

What is an investment property?

An investment property is purchased to generate income, and therefore a return on investment (ROI). This ROI is usually from regular rental payments, by renting the property out, or by selling it once it has grown in value. There are many different types of property that people choose to purchase, but the most common is buy-to-let, which also has an array of options. Another strategy that investors also use is buy-to-sell, where they buy a property, increase the value, and then sell it.

Why invest in property?

Investing your money into property, especially in the UK, can provide a range of benefits, such as a positive cash flow – which can provide greater financial stability – and capital gains. This passive income can also help you to save for milestones, like your retirement, and can allow you to enjoy tax deductions, where applicable. Because the population continues to grow and living trends suggest an increasing demand for rental homes, investing in the buy-to-let market appears to be a worthwhile investment. However, whilst it’s easy to get drawn in by the advantages of renting, you should consider the risks that are involved too.

How to get into property investment

If you’re seriously considering investing in a property, you should understand the process that lies ahead. You’ll need to organise your finances, understanding the costs that may occur throughout the process before you even invest your money. You should also assess whether you can afford to invest in property – by looking at your income and expenditure, and seeking impartial money advice, if you’d like some further information – as well as whether you could get a mortgage for the property. You’d then need to do all of the necessary research, to decide on your strategy and location, before putting an offer in and exchanging the contacts, before the property is yours.

TIP 2: Be Aware Of The Risks

When you’re assessing whether property investment is right for you, it’s easy to get carried away by considering only the benefits of the investment. However, it’s just as important to be aware of the risks, so that you are fully informed and can prepare for any challenges along the way. You can mitigate these risks and potentially avoid challenges completely, with careful planning in the early stages of your investment and with a clear strategy throughout. This involves seeking the best opportunity for long-term success and the least risk, researching high-growth locations for investments, and monitoring the real estate market for any changes that may impact your investment.

When done correctly, property investment can be extremely rewarding and beneficial for various reasons, especially for your financial position. As with any investment though, there are risks involved. You should not only consider these risks but also the ways that you can avoid or mitigate them. Some of these risks may be specific to the investor, based on their own financial circumstances, but some general risks for all investors include:

Tying your money up

By over-investing in a property, your money will then be ‘tied up’ here. You may think that investing a large amount of money into a property is a good idea, but this can be highly problematic if the housing market slows, or if you need the funds back, as it’s extremely difficult to get this money back if you need it. Selling a property takes time, and therefore so will getting your money back. To mitigate this risk, you should consider diversifying your investment portfolio with different types of investments, such as bonds and stock and shares.

Property prices

Property prices can fluctuate, depending on the property market and the demand for rental properties. As a result, the value of your property can fluctuate and can therefore decrease in value. You can overcome this by remaining patient and riding out the losses, to earn a profit again when the housing market is in a better state and your property price increases. However, this risk can be mitigated or avoided in the early stages of planning an investment, by carrying out in-depth research into forecasts of the property market. Buying cheaply is also another way to lessen the risk, especially short-term.

Finding the right tenant 

Whilst the success of property investment is mainly dependent on the investor, tenants can also impact the investment. Unreliable tenants that delay paying their rent, or don’t pay altogether, will inevitably impact your return on investment and your cash flow. That’s why it’s important to carry out thorough checks on prospective tenants, to ensure that they are reliable. You can carry out these checks, or if you have a property management company that provides services to you, they may carry out these screenings for you. Another way to avoid this issue is to include a clause in the tenancy agreement, as a deterrent, that states that tenants will be subject to late payment fees if they fail to pay their rent on time.

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TIP 3: Develop A Detailed Understanding Of What Property Investment Involves

Whilst growing your knowledge is vital to understanding what property investment is and how to get involved, it is also important to understand what property investment involves, both in the planning stage and thereafter, when you have secured the investment property. This understanding will help you to establish whether property investment is right for you and, if it is, it will help you to prepare for what lies ahead.

What does investing in property involve?

Rules and regulations

Regardless of the type of investment property you purchase, you will need to learn about the various rules and legal requirements that investors must follow, to ensure that you are complying with the relevant regulations. This includes keeping on top of your finances and making any necessary tax payments or declaring any changes. How your taxes are impacted by your investment will depend on whether you make a freehold or a leasehold property purchase. 

As for other legal requirements, if you have a buy-to-let property, you will need to be familiar with, and uphold, any relevant tenancy laws whilst renting out your property. If you work with a property management company, they may guide you through these rules and regulations to ensure that you are compliant. 

Finding the right time to invest

It’s important to closely monitor the property market to determine the right time to invest. Investing in a property when the market is performing well is a crucial step in setting yourself up for success. Currently, investing in the UK property market appears to be a worthwhile investment – property prices appear to be affordable and are expected to increase over the next few years.

As well as monitoring the property market, you must also consider the right time to invest, on a personal level. You should ensure that you have enough money to invest and that you are financially stable. Organising and assessing your finances before investing in a property is crucial to understanding whether you can afford to invest.

Finding the right property to invest in

You shouldn’t rush the process of investing in a property. Spending time researching and deciding on the right property to invest in will pay off. You should consider your finances and your property budget, as well as the best location to purchase a property in. You can find more information about finding the right location further on in this guide, to help you make the right decision. 

When viewing potential properties to invest in, you should also take into account the needs of tenants,  if you’re investing in a buy-to-let property. Choosing a property that will fulfil the needs of your tenants will ensure that you can attract the ideal tenants and earn a high rental yield. Carrying out market research can also help you to determine whether you will get a good return on your investment in the future.

Property management

Once you have secured your investment property, you will need to consider property management options. You may have the time and the resources to manage the property yourself, but many landlords – especially those with growing portfolios – will work with a property management company, which will carry out various tasks for them. This may include arranging repairs and maintenance for the property, as well as carrying out checks on tenants and chasing rental payments. You can find out more about property management later in this guide.

If property investment interests you but you’re unsure about where to begin, what steps to take and what considerations need to be made, then our top tips are the ideal starting point. Whether you’re looking for a single investment or you’d like to grow an impressive portfolio, following these tips will put you on the right path to success. They are designed to prepare you for the journey, giving you a good foundation of knowledge and advice to carry forward, so that you can feel confident and equipped when it comes to investing your money.

We appreciate the importance of getting it right when it comes to property investment, as a successful investment can provide great benefits. We are proud to invest our own money and time into creating places for people to call home, through a careful design process, thorough planning and effective delivery. These developments – ranging from complete to off-plan, to buy-to-let opportunities – are then available to investors, directly from the developer. Our long-term, careful approach to property development has been the key to success, and so we understand what really matters when it comes to investing money into property.

It’s important to make sure that you have made all of the key considerations before choosing to invest. These key factors include the location, the type of property that you’d like to invest in, and any additional costs or financial implications that you need to be aware of, such as mortgage costs and any tax-related consequences. Whatever questions you have about real estate investing and whatever you need to know, we’ll cover it here in this guide to property investment.

TIP 4: Plan Your Strategy

When conducting research into property investment, you should consider which strategy would work best for you. The most common strategy amongst investors tends to be buy-to-let but there are many other types of investment, some of which are more specialised and niche than others. The main two strategies to consider are buy-to-let and buy-to-sell, which are usually the preferred choice amongst investors.

Once you have decided on this part of the strategy, you must then consider the type of property that you would like to invest in. The main types of investment to consider are residential or commercial properties, both of which have their own benefits and risks.

Buy-to-let or buy-to-sell

A buy-to-let investment strategy refers to the purchase of a property with the purpose of renting it out to tenants. By renting it out, the investor – or the landlord – will then receive an income from the rental payments that the tenant makes each month. This strategy is one of the most popular given its potential long-term benefits, such as a consistent cash flow and passive income. 

Many investors choose buy-to-let as their strategy because there is currently a demand for rental properties, as the UK rental market is thriving. You may wish to target a specific type of tenant within your strategy, such as students, families, or young couples. By targeting a specific type of tenant, this may determine your choice of location and property. By cashing in on the UK rental market, which is thriving, investors can enjoy the benefits they reap as a result of the rental demand and rental yields.

As for buy-to-sell – or property development – investors will purchase a property for the purpose of selling it, for a profit. When the property has been purchased, investors will then spend time transforming the property with improvements and refurbishments. This will then increase the property value, allowing investors to make a profit once the home is sold. 

This strategy is sometimes also referred to as ‘house flipping’ or ‘fix and flip’, especially if investors make this a long-term strategy where they consistently purchase properties, transform them and sell them. The principle of this strategy is straightforward, but there are many considerations to be made. You must still carry out research, to determine the best location and market conditions. You then have to budget effectively throughout the project, prioritising the work that needs to be done, and must find a suitable mortgage product for the property.

When it comes to deciding which strategy is best for you, you must consider your long-term goals and the purpose of your investment. To generate a profit quickly, buy-to-sell is considered a worthy investment. However, for long-term benefits and growth, as well as a consistent cash flow, many investors favour buy-to-let as it allows you to earn a rental income over a longer period of time. As for buy-to-sell, you’ll only make a profit once the sale of the property has been completed.

Residential or commercial property

Whilst investing in a residential property is usually the first thing that potential investors think of when thinking about getting into property investment, commercial real estate does offer another way to earn an income and a profit. Both types of property have their own benefits and challenges, and potential investors should spend time considering these to make an informed decision about the type of property they want to invest in.

Commercial property usually refers to hotels, offices, warehouses, retail stores and any other property that is used for non-residential purposes. Most companies that occupy a commercial property prefer to rent it out, which gives investors an opportunity to capitalise on the demand. Regarding the benefits, investors can often enjoy lower stamp duty taxes with a commercial investment and rental payments that are often paid in advance. Commercial properties also come with longer leases, meaning that investors can have peace of mind that they will receive a steady, consistent rental income.

However, there are risks to consider with commercial real estate. For example, mortgage products for this type of property are much harder to find, and they tend to be more costly than standard residential mortgages. As such, your additional costs may be greater with this investment. If a commercial property becomes vacant, it’s also harder to find a new occupant when compared to a residential property. When a property is vacant, you receive no rental income, which means that you may have periods of time where you do not see any financial benefits.

Generally, investing in a residential property is considered cheaper than investing in a commercial property, yet you can still generate profit. However, tenants in residential properties tend to sign shorter leases, often with break clauses. This may pose a risk to the investor and their cash flow. Landlords of residential properties tend to be much more involved with their tenants – the tenants live in the property and it is their home, so landlords have greater involvement in their lives. The responsibilities of organising repairs and maintenance usually fall with the landlord too, whereas tenants of commercial property usually have to organise this. However, this all depends on the terms of the tenancy agreement and it may differ case by case.

Overall, both commercial and residential properties can provide several long-term benefits, providing that careful research is conducted before investors make a decision regarding their strategy. As with any investment, they are subject to demand and the state of the market, and so both pose their own risks and benefits.

TIP 5: Consider The Type Of Property To Invest In

Once you have decided on your strategy, you must research the different types of property to invest in. This also includes deciding between an off-plan or a refurbished property, both of which offer various advantages and risks. It is therefore important that you research these aspects of your investment thoroughly, before deciding which approach to take.

New builds, off-plan and refurbished properties

Investing in a new build allows investors to capitalise on the demand for these types of properties – interest is hitting a record high. Rightmove has reported that there has been a 35% increase in new build enquiries when compared to the previous record. This interest has also increased due to the government’s Help to Buy scheme, which helps buyers to secure a new build property. For investors, the benefits of a new build include that it’s cheaper to run, as they have been built in accordance with the latest environmental standards. These properties also have a 10-year warranty, providing greater reassurance and peace of mind.

Off-plan properties are new builds that haven’t yet been completed. As a result, investors will buy the property before it is fully completed. Off-plan properties are popular investments as many potential tenants like new builds, and therefore there is a demand that investors can capitalise on. 

The investor can enjoy all of the benefits that a new build offers, as well as additional benefits. Properties bought off-plan tend to be discounted, and their market value can increase from the sale to the time of completion, making it possible for investors to earn capital appreciation before the house has even been occupied. However, you must ensure that you buy your off-plan property from a reputable and reliable developer to minimise risks and issues. Our residential developments – The Viadux and Fifty5ive – are excepted to be in high demand for those looking to invest in off-plan real estate.

As for refurbished properties, these are usually older buildings that have been refurbished and renovated to be more modern and appealing. They are usually favoured by investors that enjoy renovations and refurbishments, and see their investment as a property development project. Older homes do still have several benefits that new builds may not offer. For example, older properties can often be more spacious and have more character. However, buying an older property with the intention of renovating it and completing any repairs or maintenance may, inevitably, come at a greater cost.

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TIP 6: Research The Right Location For Your Property Investment

When it comes to deciding on where to invest, there are several considerations to make, to ensure that you select the right location for your property investment. Picking the right location is key to attracting the right tenants and earning a high return on your investment. These considerations are also key for property developers too when planning where to build homes.

Whilst London is usually considered a popular location for property investors, both investors and developers are now recognising the potential and the opportunities that are present in other major cities in the UK, including Manchester and the surrounding areas of Salford and Greater Manchester. Here, we’ve outlined what to look for in a location, as well as the benefits that Greater Manchester can offer to property investors.

What to look for in a location

When deciding on a location it’s important to consider the available data, that shows any relevant trends and forecasts such as house prices and rental yields. It’s also vital that you balance your property goals with the needs of potential tenants. As such, you should avoid buying in a location solely because it suits you – conducting research into the right location will pay dividends.  Here are some things to consider:

 

Similarly, potential tenants are likely to be drawn to areas that have plenty of job opportunities and some may even want an area that has a range of schools to choose from. The latter will depend on your target demographic though, as it is only really applicable to families or those that are looking to start a family.

  • The distance between you and the property – This is a personal preference and for those that have their property managed externally – by estate agents or a property management company – it may not be an important factor. However, many first-time investors fail to consider the distance between themselves and the property. If you are managing the property yourself, it may be best to focus on investment opportunities that are closer to home. Then, you don’t have to travel too far whenever there’s an issue, or whenever you need to visit the property.
  • Rental yields in the area – Analysing data that provides an overview of the best buy-to-let locations in the UK, based on rental yields and other data, will help you to make an informed decision about where to invest. A high rental yield is crucial for earning a return on your investment, and so research into this is vital. Locations with a consistent flow of tenants – such as areas with a high student population – are usually highest-yielding. 
  • Property prices in the area – It’s important to combine research on rental yields with information on house prices, to strike a balance between an affordable property price and a high rental yield. As well as analysing current house prices, you should also consider any trends or forecasts regarding house prices in that area, in the future. You should look for an area that is considered to grow and thrive over the coming years.

Greater Manchester property investment

Successful buy-to-let investments tend to be in prime city locations, making Manchester a popular area for property investors. Many potential investors would consider London as the top spot, yet more recently Manchester – and other popular areas of the North – are increasingly recognised as the best places within the UK for property investments.

We recognise all that this region has to offer, which is why we have heavily invested in it with our quality developments. We are also passionate about putting Salford on the map as a great city to invest in, thanks to its regeneration and development, business opportunities, green spaces and transport links. Our Castle Irwell development captures these elements.

Why invest in Greater Manchester?

  • Regeneration – Over recent years, the North has received around £3.4 billion worth of investment into regeneration, boosting its culture and transport links, amongst other aspects of city life. As a result of this regeneration, many prospective tenants are moving to these areas to enjoy what the city has to offer. The tenant base in Manchester is extremely diverse from students to young professionals to families, meaning there are many opportunities for property investment, regardless of your target demographic and ideal tenant.
  • Economy – As home to a range of businesses, from small businesses to large corporations, Manchester has a thriving economy and job market, with plenty of job opportunities. This makes it an attractive location for tenants that are looking for somewhere to live, whilst building their career in this area. Outside of the city centre, the other metropolitan boroughs of Greater Manchester represent the largest city region economy outside of London.
  • Population growth  – Manchester has been subject to an increase in population in recent years – the Office of National Statistics has shown that Manchester’s population increased faster than any other UK city in 2019. This growth is expected to continue. Due to this growing population, there is a growing demand for housing, including rental properties, meaning that there are plenty of opportunities for property investors.
  • House price growth – A recent report by Savills in March 2021 suggests that, over the next five years, an average UK price growth of 20% is sustainable, without impacting mortgage affordability. Yet for the North West, the forecast for residential prime capital values looks extremely promising, suggesting a 28.8% increase by the end of 2025.


A promising future This growth and other future forecasts suggest that investing in a property within the Greater Manchester area will be a worthwhile investment, with a return on investment and increasing house prices. That’s why we’ve invested in this great city, with developments such as Burlington Square, Local Blackfriars, The Press and Local Crescent, which are situated in the heart of Manchester City Centre.

TIP 7: Be Financially Organised & Seek Advice If Necessary

Many investors make the mistake of failing to think beyond the property price – they do not consider any additional costs that may occur as a result of their property investment. To make sure that you are prepared for all costs, you should make sure that you know which extra costs to expect, and how they fit into your budget and your affordability. For example, you should consider how a property investment will affect your tax payments, and factor this into your property investment budget.

You may also find it beneficial to seek financial advice before you commit to investing in a property. Whilst online reading and your own research can help you to understand the financial risks and benefits, seeking financial advice from an experienced team will give you guidance that is specific to your own personal and financial circumstances. This will help you to assess whether property investment is a wise venture, and what your budget for this investment should be.

Additional costs to be aware of when investing in property:

  • Taxes: When investing in property, you will be subject to additional tax payments. These may include stamp duty, capital gains, and income tax. Regarding the latter, this tax will be paid on any rental income that is earned from your investment property. As for capital gains, this is payable on the profit that you earn from the sale of your property.
  • Inspection & valuation costs: Once you have an offer accepted on a property, you may wish to pay for a building inspection to be conducted. This will bring any potential issues to your attention. As for property valuation costs, some mortgage lenders will ask that you arrange and pay for a property valuation as a part of your loan application, so it’s important to remember these additional costs.
  • Costs of insurance & mortgage products: As a landlord, you should take out landlord insurance, and you may wish to consider other relevant insurance such as public liability insurance. These will come with a cost, so it’s important to factor this into your considerations about the cost of an investment property. Likewise, you’ll need to find a suitable mortgage product, which will mean that you have mortgage payments each month, to repay the money that you have borrowed.
  • Fees for using a solicitor and property management services: You may need a solicitor to help you navigate the legalities of your investment, which will mean that you have legal fees to pay. Once you have secured the property, you may decide to use a property management company. If you do, you will need to consider the cost of these services, which are often charged on a monthly basis.

TIP 8: Be Sensible With Your First Investment – Stick To A Sensible Budget

Whilst it may be tempting to invest a lot of money into property, especially if you’re aware of the potential benefits, you should avoid the temptation and remember to be sensible with your investment. This might mean starting off small, but there’s plenty of room and opportunity to grow in the future – there’s no deadline on the success of your investments. As with any investment, beginners should spend time researching the property market and assessing their options before they commit to this new venture.

In practice, being sensible and starting off small means organising your finances and knowing your own personal, financial circumstances, in order to make the right decisions. Having this understanding of your finances will ensure that you set yourself a sensible budget, and do not spend more than you can afford. Many first-time investors expect property investment to be expensive, and whilst it can be, there are plenty of affordable opportunities out there that are ideal for beginners.

When looking at properties that fall within your budget, it’s also important to consider the quality of the property and whether it will attract the right tenants. Striking a balance between finding a property within budget and finding the right property for tenants, that will generate returns through high rental yields, is crucial. Buying a property that fails to generate returns serves no purpose if you want to reap the economic benefits of property investment.

If you’re looking to invest in multiple properties with the aim of building an impressive portfolio, or even your own property investment business, you should still start off small and build your portfolio strategically and steadily. As such, you should invest in only one or two properties at a time. This will also help you to grow in confidence and feel more comfortable with the investment journey and your own personal strategy.

If you are hoping to build a portfolio of multiple investment properties, you may want to consider using the services of a property investment company. Using knowledge from a team of experts will help you decide on where to invest and the right time to invest – they will help you to get the most out of your investment. However, regardless of your investment strategy, whether you’re looking to invest in multiple properties or a single property, you should still remain sensible and stick to a budget. Sticking to a budget will ensure that you don’t encounter any challenges in the early stages of investing, simply based on your own judgements and poor decisions.

TIP 9: Have The Right Attitude

To prepare for the journey of property development and all that it entails, it’s just as important to develop the right attitude and to have the right mindset as it is to do your research and grow your knowledge. The most successful property investors are the people that remain focused, patient and knowledgeable throughout the process, in order to overcome any challenges and to seek out the best opportunities. With that in mind, here are some tips for developing the right attitude as a property investor:

Stay positive

Remaining optimistic throughout the journey of investing in a property is essential. Research has shown that positive thinking can help people to make better decisions and focus better on their long term goals, which is vital for investors. Remaining positive will make the experience much more enjoyable too, and will help you to keep a clear head when it comes to researching and decision making. Having a positive mindset will help you to stay motivated too, which is a good skill to have as an investor, especially if you’re faced with challenges that you need to overcome.

Be prepared

As discussed earlier, investors must have a good understanding of the risks that are involved with investing in property. With this understanding, you should remain prepared for any challenges that may come your way, such as fluctuations in property prices and issues with tenants. Being prepared and managing these risks will ensure that your investment is successful, despite the challenges that occur.

Always be willing to learn

Because the property market is ever-changing, you need to be willing to learn and grow your knowledge at all times. The best investors will never stop learning. You should always be willing to learn from your own experiences and from any developments and changes in the property market. You should always strive to build on your knowledge, using this to inform your decisions.

TIP 10: Consider Property Management

To maximise the benefits of your investment, having a clear property management strategy in place is key. When it comes to property management, you can do this yourself or you can work with a property management company that will do this on your behalf. Investors with several investment properties often use a company for their property management, as they lack the time that is required to successfully manage all of their properties.

What is property management?

Property management, or property asset management, is the oversight of commercial, residential or industrial properties. This means managing operations related to real estate, such as:

  • Finances: This includes managing rental costs, keeping to a set budget and keeping a record of any transactions.
  • Tenants: Property management involves managing tenants, including their screenings, tenancy agreements, payments and any complaints that have been submitted.
  • Other general operations: This could include communicating with tenants and property owners, if the property manager is an external third-party, ensuring that the landlord and the building is compliant with all legal requirements and regulations. 

What does a property management company do?

Some developers or investors will choose to delegate the day-to-day operations of property management to an external company that specialise in property management. This is particularly true for investors that have several investment properties, or for developers or investors that would like to focus on their next project. A property management company will therefore carry out the day-to-day tasks involved with managing a property, such as collecting rent, organising maintenance and repairs, and drafting or renewing tenancy agreements on the landlord’s behalf.

Delegating property management to an external company can give investors more time to complete other tasks and also another source of knowledge and expertise to draw from when making important investment decisions. Typically, owners will pay their property manager a set fee for their services each month. Sometimes, the fee may also be calculated based on a percentage of the rent that is generated whilst a property is under the management of that third-party company.

Choose Salboy For Property Investment

As established in this guide, potential investors must research property investment and the risks, as well as the benefits, that are associated with this type of investment. We encourage potential investors to seek legal and financial advice if they are considering investing in property, to ensure that they are fully aware of the financial risks and the legal requirements before committing to an investment.

When thoroughly considered and planned though, investing in property can be extremely worthwhile, providing long-term financial security and numerous benefits. At Salboy, we are property experts that understand what makes a great property investment. That’s why – with our own time, resources and money – we are committed to exceptional design, thorough planning and effective delivery with all our developments, that bring value to our partners, investors and tenants alike. We are passionate about creating environments that people love to live and work in, prioritising quality at each stage.

For more information about our investment opportunities, get in touch with the team today who will be happy to provide any additional information that you require. You can also keep up-to-date with the new homes we have available to purchase, based in Manchester, Salford and other prime city locations.

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