What To Buy & Where To Buy
The choice of property purchased will
largely depend on an individual’s budget and whether or not the owner wishes to
occupy the property at a later stage.
As a general guide to what and
where to buy for a successful rental investment, Plaza Estates offers the
The basic criteria for rental property are: centrally
situated and in a good neighbourhood, near public transport, schools and shops.
Quiet, light and airy.
Flats should be within a 5-10 minute walk from a
tube station with easy access to the City and West End.
Although houses are
popular with families looking for larger properties, the steady demand is for
flats - but both are popular.
There should be easy access to open spaces -
whether private garden, roof terrace or balcony, communal gardens or
The property should be structurally sound, and able to be
redecorated without incurring vast expense.
Character properties are
generally a good investment. Foreign tenants in London for a limited time like
to experience the ‘flavour’ of London and period conversions are always
One or two bedroom conversion flats are good buys. Also those in
newly completed developments with porterage and private parking.