Over recent years we've seen the likes of Sarah Beeny preach loudly about mistakes here and naïveté there, but with a savvy nature and a little sound advice Dawson & Associates believe that it is possible to secure good returns from real estate.
One key piece of advice from Charles Dawson is to aim for a property that has its own front door (or the potential to create one). This may initially sound silly - "of course a home should have a door", we hear you cry. But the truth is that whether the end-resident is seeking a house or an apartment, it is nice if, upon opening the front door, ALL of the space is private. It often gives the premises a superior feeling - which in some cases could be provided at a premium.
In addition, communal hallways often cause difficulties whether its simply because one person doesn't collect their post and leaves it piling up in an unsightly fashion or because there is repair work to be done that requires some diplomatic budget discussions. As a landlord, even more than a tenant, these ongoing issues are better avoided.
Of course whether you are considering property development simply to urnover for profit or if you are more interested in the income that rentals can provide, Dawson & Associates always advise a property survey from a professional before committing to the investment. Successful rental properties often have different criteria than properties intended to be quickly placed back onto the market so be very aware of your end-goal from the beginning. Of course, all properties should be structurally sound and also consider any environmental or political issues in the area.
Contact Dawson & Associates now for more information and free initial advice.
Book a Survey: 0044 1424 882263
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