“As irresistable as the glossy brochures of large scale housing schemes may be, many home hunters might find a better deal if they focus on smaller, less high-profile developments”
A new article in The Standard this week debates on how people should invest their money into UK property, and we were happy to chime in. As an experienced prime property buying agency in London, we’ve helped countless clients to buy property that will bring them back a great return on investment.
Sharing our insight into rental investment potential, Black Brick Founder and Managing Partner, Camilla Dell said:
“I’d estimate that the proportion of homeowners in smaller, lower density developments in prime locations is around 70 per cent, compared with high density new build developments where more than 70 per cent of buyers will be investors”.
“In contrast”, Camilla continued, “large-scale developments are marketed as a matter of course to speculative investment buyers in Asia, who buy off-plan and want only to trade or rent out their units, not to live in them. The flats in these schemes tend to be smaller, cheaper, relatively standardised units to appeal to that market.”
Read the full article here.