Investment property in the UK

[Harleston]

I think you can buy any property with this much money in your hand.You are a rich man and all you need is to do market survey and then you can easily decide where to invest.

[3Boys]

Short discussion here --> http://www.kiasuparents.com/kiasu/forum/viewtopic.php?f=47&t=21358

[UncleLim]

Another tip for would-be UK property buyers.


In the past you would have to rely on someone to describe to you the UK neighbourhood if you yourself are not familiar with it. Now technology has changed everything.

If you see a UK property advertised and you are interested, google it and get the postcode. Then paste this postcode into Google Maps and use the Streetview function to look around. This will help you form a better opinion of the surroundings of the development.

I used it a few times effectively to filter out lousy locations. One was a very nice development but was across the street from an industrial park. Another one was in the city centre but was accessible only via a footpath and the drive to the carpark needed a big detour.

[3Boys]

UncleLim:

Another tip for would-be UK property buyers.


In the past you would have to rely on someone to describe to you the UK neighbourhood if you yourself are not familiar with it. Now technology has changed everything.

If you see a UK property advertised and you are interested, google it and get the postcode. Then paste this postcode into Google Maps and use the Streetview function to look around. This will help you form a better opinion of the surroundings of the development.

I used it a few times effectively to filter out lousy locations. One was a very nice development but was across the street from an industrial park. Another one was in the city centre but was accessible only via a footpath and the drive to the carpark needed a big detour.

You do have to be aware that Google Maps streetview can be grossly out of date, especially for fast changing places like London. What I saw on the ground was vastly different from streetview in couple of instances.

[UncleLim]

3Boys:

UncleLim:

Another tip for would-be UK property buyers.


In the past you would have to rely on someone to describe to you the UK neighbourhood if you yourself are not familiar with it. Now technology has changed everything.

If you see a UK property advertised and you are interested, google it and get the postcode. Then paste this postcode into Google Maps and use the Streetview function to look around. This will help you form a better opinion of the surroundings of the development.

I used it a few times effectively to filter out lousy locations. One was a very nice development but was across the street from an industrial park. Another one was in the city centre but was accessible only via a footpath and the drive to the carpark needed a big detour.

You do have to be aware that Google Maps streetview can be grossly out of date, especially for fast changing places like London. What I saw on the ground was vastly different from streetview in couple of instances.

Hi 3Boys, you are correct there. For example, some newly developed properties might appear as just a construction site on Google Streetview. But generally you can get a feel of the area nevertheless. If it is a dodgy neighbourhood on Google, it is unlikely to be \"gentrified\" over a couple of years.

[rosemummy]

Any views on this?


http://www.reapfield.com.sg/email-qudoss2.html

[eurostar]

I think as long one is familiar he/she can invest

if first timer better put $$$ in the bank

[eurostar]

I think as long one is familiar he/she can invest

if first timer better put $$$ in the bank

[Caspar Dixon]

The best place to buy investment property in the UK is of course at auction.


Now there is great choice of properties and substantially discounted values. Before the crash you found highly leveraged end users pushing the prices up to retail levels. UK Finance requirements Only buyers with substantial cleared funds can buy at auctions because finance requirements are so restrictive at the moment.

Let me know if you are interested in finding out more.

Caspar

[UncleLim]

Caspar Dixon:

The best place to buy investment property in the UK is of course at auction.

Hi Caspar, you have set yourself up in a very nice niche here. I am sure your services will be in great demand. : )

And you are right about great deals at the auctions where I have seen properties transacted at a 40% discount. :evil: