Location, location, location! Think about what areas are going to appeal most to tenants. Buying an apartment? Think Wokingham or Martin Heron’s station areas for young professionals who want an easy commute. Buying a family home? The catchment area for St Crispin’s is always popular.
Keep it low maintenance. Consider the age of the boiler, condition of the kitchen and bathroom and how old are the windows? Consider a new build with the reassurance of the NHBC guarantee if you want to minimise your potential bills.
Budget – If you have the budget for a family home have you considered buying 2 flats instead? Have a chat with us about potential rental incomes and a conversation with your financial advisor. It may be a great option for you.
Presentation – tenants like neutral décor and easy to clean properties. Great if you can buy a property that’s ready to go but some magnolia paint and hard wearing carpets will pay dividends in putting your property at the top of a tenant’s list.
Think green – Look at the EPC (Energy Performance Certificate) rating for the property. New legislation means rental properties will need at least an E rating from April 2018. Tenants in F or G rated properties can ask for improvements to be made now.
The wellbeing of our clients, staff and their families - together with continuity of service to clients - is of paramount importance. Outlined below are the precautionary measures we have taken to minimise the risk to our clients, staff and others.