What to Consider When Selecting the Best Investment Property

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Whether you have decided to purchase your first investment property or whether you already have a portfolio of properties, WSP Solicitors is your local firm with a team of experienced and approachable professionals who live and breathe the local and regional property market.

Here at WSP Solicitors we pride ourselves on offering a bespoke service to our clients with excellent local knowledge.  Clients will work with the same Conveyancer for every transaction from start to finish ensuring a great client and conveyancer relationship.

Top 6 Factors to Consider When Selecting the Best Investment Property

  1. Location – things like nearby schools, shops, universities, and transport links can make a property more desirable
  2. Age of building – older buildings will probably require more maintenance and listed buildings may restrict you making improvements
  3. Fixtures and fittings – a property with a modern kitchen and bathroom will attract a higher rent. Decent water and electricity fittings will also keep maintenance costs down
  4. Type of building – this might influence the type of tenant you get. For example, a house with a garden is more likely to attract a family
  5. Energy performance – the law requires landlords to have an Energy Performance Certificate rating of at least an E. Without this, they are unable to provide tenancies
  6. Resale value – resale value is a big part of an investment. You want to purchase a building that not only brings you profit while owning it but also when you sell the property too

How we can help with Existing Investment Properties

WSP Solicitors can offer a wide range of legal assistance for clients existing properties, including:

Our Conveyancers will work closely with clients and their accountants to establish the best outcomes for clients and help identify any tax liabilities.

Buying a Commercial Property Investment?

As well as having an expert team of conveyancers in our Residential Property Law Department, WSP also offers a bespoke service if you have any commercial property investments with Amy Leviers heading up the Commercial Property Department.   The team can lend their expertise on matters including:

For personalised property investment advice, whether residential or commercial, please get in touch today. You can email us on contact@wspsolicitors.com or use the enquiry form on the side of the page. Alternatively, you can call us on 01453 847200.


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