Property Investment - How Does it Work? (2 minute read)
If your looking to get into property, investing for your future then this might be an interesting read.....
PROPERTY INVESTMENT
ARE YOU LOOKING TO GET INTO PROPERTY INVESTMENT?
IS IT FOR YOU?
IF THAT'S A YES... READ ON...
Property can be a very rewarding journey, both personally and financially.
However if your not experienced in this field you will need local trusted knowledge and advice. At Harrisons we are not only estate agents, but serious property investors.
Sticking to our local area with over 28 years of local knowledge, we know a great investment from a bad one.
Speak to us directly to find out more on how we can help you.
INVESTMENT CONSULATATION?
So your looking to invest, but not quite sure how to approach it?
First of all, have a chat with our owner & director Clint. He will discuss your requirements, the do’s and don’t, and how we can assist you. If you not from the area and what more details how we can help.
RECENT EXAMPLE
Mr & Mrs Hutch (London), approached Harrisons in 2016 with a budget of £200,000 to invest in property, they are a retired couple with capital sitting in the bank gaining very little return. They decided to invest in property and contacted Harrisons.
Their goal was to buy two properties in the North West, and were looking for residual income of approximately £1,000 per month to top up their pensions.
So Clint and the team set out to look for the best possible investment that would be safe and secure and return the £1,000 per month to Mr & Mrs Hutch. We quickly located two perfect properties both in the region of £85,000. We negotiated the offers, and agreed the sales with a matter of weeks.
We then set out to arrange with our maintenance team to freshen up the properties where necessary ready to bring the properties to the rental market. Once the sales completed the same day our maintenance team started the refurbishment programmes. Harrisons also started to market the properties as “available to let”. As the maintenance guys carried out their works, so did Harrisons booking double figure block booking viewings for the day the works completed.
The end result was, both properties tenanted within weeks of sale completion along with soft refurbishments carried out.
Currently both properties are tenanted achieving over £1,100 per month combined, fully managed by Harrisons Estate Agents, and our lovely clients are very happy to say the least.
(Example from 2016)
COULD this BE YOU?