WE HELP UK AND OVERSEAS CLIENTS BUY PROPERTY IN THE UK
The Best Investment Properties In The UK
This video explains the key factors to consider to determine the best investment (Buy-to-Let) properties in the UK. We also explain the best methods to use to Search, Buy and Manage them. Watch this video to the end.
Section 1- UK Investment Property
Find UK Property follows all of the advice in the above video to offer clients the best properties for investment, and look after all aspects of the purchase, rental and long term management. The categories of properties shown below are good examples of the best investment properties in the UK
2 Bed “Best Buy” Houses
£59,999 - TOP DEAL
These are full 2-bedroom houses with two rooms downstairs (Lounge and combined Dining room/kitchen) with rear yard. There are two bedrooms upstairs plus 3 piece bathroom. These come with fixed total purchase fee (including your Solicitor Fees and Title Registration at Land Registry) of just £999 plus our full property management under our Net Guaranteed Rent system. This gives you secure long-term Net Guaranteed income with no other costs or management fees. We take care of everything.
These houses are located in the towns of the North West and the North East. Our best-selling house type with around 15 sales every month. These houses are the easiest to rent and in highest rental demand. The same house near London would cost over £300,000. Prices in the North are now rising and we expect these houses to double in value over next 10 years.
Grow your money securely as property prices rise and get good rental income to spend on holidays, children’s education or retirement. Click this link now to get full details on these properties.
2 Bed Large “Best Buy” Houses -Type H3
These are slightly larger terraced 2-bedroom houses with higher Net Guaranteed Rent. Three rooms downstairs -Lounge, Dining room (sometimes combined into one large open plan lounge) and separate kitchen with rear yard/garden. There are two bedrooms upstairs plus 3 piece bathroom.
Available with 3 years Net Guaranteed Rent and fixed total purchase fee (including your Solicitor Fees, Local Searches, 12 months insurance and Title Registration at Land Registry) of £999. Located in towns of North West and North East. You get Net Guaranteed Rent of £3,840 with NO management fees or property maintenance costs. All these are included in our long term Net Guaranteed Rent System.
Select one of these if your budget is slightly larger. Click this brochure link now to get full details on these properties.
3-Bed “Best Buy” Houses
These are larger 3-bedroom houses with three rooms downstairs -Lounge 1, Lounge 2 (sometimes combined into larger open-plan area) and separate kitchen, with rear yard/garden and three bedrooms upstairs plus 3 piece bathroom. Available with 3 years Net Guaranteed Rent and fixed total purchase costs (including your Solicitor Fees, Local Searches, 12 months insurance and Title Registration at Land Registry) of £999. You get Net Guaranteed Rent of £4,200 with NO management fees or property maintenance costs. All these costs are included in our long term Net Guaranteed Rent system.
Properties are located in the towns of the North West (North of Manchester) and North East (Stockton and Middlesbrough). Also available smaller Type H4 3-bed houses for £66,999.
Click this brochure link now to get full details on these properties.
3-Bed “Semi-Detached” Houses
These are larger semi-detached houses with large gardens and driveways. Rental yields on large houses are lower because rental demand is at the lower end of the market.
Floor plans may vary with two or three rooms downstairs (sometimes with open-plan kitchen). These have rear garden and sometimes front garden or driveway and 3 bedrooms upstairs plus 3 piece bathroom. Prices on these types of properties range from £120,000 to £140,000.
Some clients prefer these as these look nice, but for pure investment it is better to buy TWO lower cost properties for the same price as you will then get higher % rental yields and also better growth in % values. Lower cost houses are also easier to rent out and resell, are more tax efficient, lower risk, and provide more long term flexibility.
Video – Why Use Find UK Property & Practical Steps In The Buying Process
This video provides information about Find UK Property, who we are, and why you should use Find UK to buy and manage your property. At the end we also cover all of the practical steps involved in selecting and acquiring an investment property from us.
Student Room Investments
Whilst there are some projects that offer good value, many do not – due to high management/service costs and short leases (student properties are not freehold). Prices are inflated with a single mini bedroom in a shared flat costing around £50,000 and they cannot be resold to anyone other than an another investor. Thus the market re-sale value may not rise (and can fall). There are many parties involved and typically these are sold by sales agents who do not have control over the property and no subsequent contact with the Buyer. We have had many customers who have contacted us wanting to exit such investments and prepared to do so even at a loss. See further details on why you should avoid buying such student property below.
Take extra care when purchasing an investment property that is yet to be built or is under construction. The risks with such properties remain high. The project could be cancelled and there can be delays in completion and then in renting the properties out. Prices are often inflated by developers as properties are difficult to compare. For investment, only consider property that is ready and already rented out and buy from a company that has control over the property and remains responsible to you after the sale. Many such properties are apartments with the new modern leases (99 years) which have significant service charges (which can increase at 5 year intervals). In our view these are not good for long term investment as they do not appreciate well in capital value. Again there are exceptions and some such properties can be suitable, especially for pure own use. However, we would recommend full houses that are already built and rented out, for long-term investment.
Section 2 - 'Own Use' UK Property
A small percentage of overseas buyers and expats are looking for pure ‘own use’ property in a particular location and we can provide help and advice; and where we cannot help we will refer to local agents. These properties are all in the 3rd party resale market and we act as Buyers Agents to help you find a suitable property. Only buy such a property if you definitely plan to use it yourself and are relocating to the UK right now. If you are not sure – buy an investment property or multiple investment properties instead. They will grow your funds and give you options for the future. You can resell them later if required to get an ‘own use’ property, or keep them, and use some of the rental income to rent an “own use” property for yourself until you are fully settled. Although there are exception, an ‘own use’ property will typically cost more, have lower rental yields, more running costs, higher risks, be harder to resell, and have lower capital growth than the commodity low cost Best Buy investment properties shown above.
UK HOMES £250,000 to £500,000
These are examples of what is available in the 3rd party resale market for pure own use. Prices vary greatly by location with the highest prices in London or the South. Overall such properties are not good for investment as the % rental yields are low and future risks may be higher. In many cases it can be better to rent such property for holidays or for own use rather than buy – especially if your future requirements are uncertain. Many clients buy multiple lower cost investment houses with the same budget and use part of the rental income to rent these type of properties for their own use.
2-Bed Terraced near London £299,000
3-Bed Terraced near London £349,000
4-Bed Detached with gardens £399,000
5-Bed Detached with land £499,000
UK HOMES £500,000 to £1 MILLION
These are examples of properties available in the open market for own use. Again, overall such properties are not good for investment due to the low % rental yields. Such properties are typically large detached houses with ample gardens or many acres of land. It is important to take your time and view a large number of suitable properties before making any decisions. We try to understand your requirements fully and act as buyer’s agents to help you acquire such properties.
5-Bed with large gardens £599,000
5-Bed Detached with 4 acres £699,000
6-Bed Detached with 6 acres £799,000
6-Bed Detached with 20 acres £999,000
UK Homes £250,000 to £500,000
Only consider ‘Own Use’ properties below if you are going to be using them. Otherwise consider Investment Properties above. Let us know your requirements.
3 Bed terraced House near London Heathrow Airport 20min.South UK
3 Bed Semi-Detached House with gardens. Heathrow Airport 90min. South UK
6 Bed House in wonderful gardens with Paddocks Man Airport 60min. Mid UK.
5 Bed modern house with large gardens. Man Airport 30 min. Mid UK
UK Homes £500,000 to £1 million
We start by discussing your UK property requirements and budget, whilst advising you on what is likely to be best for you in terms of type, size, price and location.
5 Bed House with large gardens & outbuildings Man Airport 90min. Mid UK
5 Bed House with great views of river & 4 acres land. Man Airport 90min. Mid UK
4 Bed new House near motorway network. Heathrow Airport 90min. South UK
5 Bed modern house with gardens and garage.Heathrow Airport 60 min. South UK
UK Investment Properties
The UK is one of the world’s best areas for secure property investment. Prices on UK property are now low after the last recession and rental returns are good with up to 8% gross rental yields on low cost properties. Now prices are expected to rise in line with economic recovery in the UK and prices on lower cost properties could double within 5 to 8 years. Find UK Property provides a complete service to overseas property investors and expats and other investors in the UK. Our view is that lower cost terraced houses of £55,000 to £75,000 in the North West and the North East provide the best value for investment and will produce the best capital and rental growth over the long term. Property in London is now too expensive and gives poor rental yields of around 3% and is not good value for investment. Select one of the properties at the top of this page.
Residency in the UK
The UK is an “open country” for property investment. Any National of any country can buy property in the UK. We are managing over 1,000 properties for overseas clients. Buying any property in the UK does NOT give any automatic rights to residency, long term visa or citizenship. All of our overseas clients buy such properties for long term secure investment and to give them options in the future. We keep them rented out for them and they can choose to keep the rental income in the UK and use this for their holiday accommodation, children’s university fees or other needs. This gives them much more flexibility and works out to be more cost effective. Thus the investment property can be in a different location and size to their holiday accommodation to deliver the maximum yield and long term growth potential.
However, buying a property does increase your links with the UK and allows you to have income in the UK and be registered with HMRC tax office (although you may not pay any tax if your income is below £12,500 per person per year). It gives you options for the future and such a purchase may still be worth considering if you have long term plans to spend more time in the UK. If residency is your main aim – then you should not buy a property – but seek appropriate visa or immigration advice.
Find UK Property act for the Buyer
We are the ‘buyers’ search agent and specialise in helping serious overseas buyers, expats and buy-to-let investors find the most suitable UK property for their needs, at the lowest price. For “own use” property, we cover all areas of the UK and deal with property in London. Prices in the South and London are now very high and the vest value and highest rental yields are offered on lower cost properties in the North West and the North East. Thus for investment properties we specialise in the North West near Manchester and also in the North East – Teesside (Middlesbrough and Stockton) areas.
Property in London
The London region contains the most prime property in the UK with prices several times higher than other regions of the UK for the same size of property. Most of the properties in London are terraced houses or apartments with relatively few detached properties. Over the past 20 years London has done very well, but the future looks less promising. Prices in London did not fall and as a consequence are not expected to rise as fast. It is also more likely to be affected by Brexit uncertainties. In many cases property outside of London can offer better value with higher rental yields and most investors are no longer considering London area as it does not represent good value now.
Currently we do not recommend properties in or anywhere near London or the South as the prices there are very high and the % rental yields are too low. The same properties which we sell for £60,000 here in the North West or the North East over £300,000 in the South. In the past London has done very well in capital growth – however this is less likely to be the case going forward and the risks of buying here are ow higher. Many clients just RENT near London (if they have to be near London for holidays or for work) but they BUY multiple low cost investment properties away from London as this gives them higher income, and better potential for the future with lower risks.
UK Property Prices
UK property prices have on average doubled in value every 8 years for the past 60 years. The only exception to this was the worldwide financial crisis in 2007 and prices fell by around 30% in most areas of the UK between 2007 and 2010. Then UK Property prices were relatively stable for a few years and have recently started to grow again. Most analysts think that prices will increase rapidly now in line with the economic recovery and then gradually increase over the long term. The prices are expected to follow the previous trend whereby they double in value over about 8 years.
The market price of existing houses does vary with what is included in the property, if it is renovated or not, and its underlying condition. If you look at online property portals and look at any particular postal area or street for the same type of houses, you will see that for low cost properties, the prices may vary greatly. The reason for this is, the internal state of the house and degree of renovation. If a house has structural issues and is derelict then the price will be much lower. If the house is basically in good condition but needs renovating then you will see an average price; if in good conditions with recent renovation then price will be higher. These are not brand new houses or new identical apartments and thus are not all at the same price. Prices vary greatly depending on the house conditions. That is why we renovate all of them to a set standard and then sell at a set price depending on value and rent, with associated guarantees and management package. Our clients like the peace of mind and the total solution we offer. Overall we deliver great value and service.
Use By Children as University Accommodation
If you looking for a property that is near a university so that this can be used by your children if and when they do come to study in the UK, then our advice is that you should NOT purchase property yet. The problems is that the selected property may not be in the right location, in the right community, convenient for your child – even if it is near the town you think your child will study at. It is better for them to rent University accommodation initially and have the ability to move around to ensure they are in a convenient and safe location for their studies. We have many clients from overseas who wish to do this but practically, they never end up using their own properties for one reason or another.
Again you could get a pure investment property that you leave rented out all of the time and use this income to pay for your child’s university accommodation. This will give you and your child more flexibility.
Effects of Brexit – Demand Has Increased
The vote by the UK to leave the European Union has actually increased our sales and demand for low cost property away from London. The interest in UK property from all other countries in the world (including old commonwealth countries) has increased as the expectation is that bilateral UK links with other countries will be stronger. However, London, is more reliant on EU links and prices here are already very high. So any negative news could have a negative effect on London prices. Already many investors are moving away from London to consider lower cost properties in the middle of the UK or the North. This will have a positive effect on such lower cost properties and we have seen increases in demand already.
If you are looking for “holiday use” for only 1 or 2 months of the year, then in most instances it will be best for you to buy a property most suited for investment and to leave that rented out all of the time. You can keep the rental income in the UK and then use this income to pay for your holiday accommodation, as and when you visit. This is better, and gives you more flexibility as the investment property can be purchased for the best yields, price and investment returns – and not necessarily in areas you need to live in or visit. UK properties cannot be left vacant for long periods (as they may develop damp) and normally the tenancy agreements are for 12 months. Practically it is very difficult to use your own property for short holidays, as each time you have to give legal notice to tenants, then clean or renovate the property, change the utilities (gas, electric, water, internet etc) to your name. Then suitably furnish the property, as almost all UK properties are normally rented out unfurnished. Trying to do all these things quickly is not easy and will just spoil your holiday. It is better just to rent unless your holiday are very long (over 6 months).
Future Own Use
If you are looking mainly for “own use” in the future either because you may relocate to the UK or for possible retirement, normally we would advise you NOT to buy a property yet. It may be best for you to just rent for a short while, if and when you come to the UK – until you were happy with the community and location. Then you could buy. Many clients end up buying in the wrong location and sometimes their circumstances change and the property purchased is not suited to their needs.
A first step in planning to come back may be a pure investment property that gives income, grows in value, and is easily affordable without a mortgage. This would give you options for the future. You could then use the rental income from the investment property to pay for any property you rent for your own or family use. This gives you more flexibility and the ability to move around until you are sure where you finally wish to live.
Our Clients – Overseas Nationals
Many overseas buyers are looking to the UK for a secure place for medium to long-term investment. They are not looking to immigrate into the UK immediately (although some may consider it in the future), but simply wish to grow their money securely and with the least amount of hassle. They usually have some link with the UK or intend to send their children to study here in the future. Many may have studied here themselves. They are looking for a company that offers a complete solution; this includes finding investment property, dealing with the purchase process and lettings and management, paying the net rent to them, dealing with UK authorities and possibly managing the future re-sale of the property. Some of them may wish to come to the UK in the future and even re-sell their investment properties to buy an ‘own use’ property.
Our Clients – UK Expats
Many of our clients are actually UK nationals who are working or living overseas. They want to invest for the long term in a safe and secure country (i.e. their own country – the UK). Some may eventually wish to retire in the UK and may sell one or more of their investment properties to get an own use property. Others will simply keep these properties for long term investment and they may pass these on to their children. Having a real asset that they own outright and that grows in value, generating good retirement income makes sense for them and they feel safe in having such a property in the UK. Many clients start with one property and in later years acquire more to build a small portfolio. We can help them in this process (see customer case studies section).
Our Clients – UK Residents
Many UK residents living in the south or in London are now considering low cost houses for investment and long term pension type income. Prices in London and the South are very high and % rental yields much lower. The same property which we sell for £60,000 here in the North West or the North East is over £300,000 in the South. In the past London has done very well in capital growth – however this is less likely to be the case going forward and the risks of buying here are now higher. Our clients from the UK also like our “hand-off” system where we work differently to normal Estate Agents and Letting Agents and provide a much more comprehensive service looking after all aspects of the purchase and the subsequent long term management with a Guaranteed Rent System. Our UK clients are mainly either busy professionals working in or near London or those that have retired or coming up to retirement.
Beware of Student Room Investments
These are single rooms within student flats and sold as leased investment units. The properties are built by builders and developers, marketed and sold by sales companies and managed by different student management companies. The rooms can only be rented out by the management company – you cannot use them or rent them out yourself. They can only be re-sold to another investor who agrees for them to be continued to be used as student-only accommodation.
Student rooms are not really comparable with freehold houses and would be impossible to sell without the guarantees made by the companies advertising them. Unfortunately, such guarantee wording is drafted in a way in which there is a ‘get-out’ for the developers, managing companies and sales agents in case the yields and growth are not achieved. This means that it is in fact the investors that carry the risks. Whilst there are some projects that offer good value, many do not due to high management/ service costs and short leases (student properties are not freehold). Prices are inflated with a single mini bedroom in a shared flat costing around £50,000 and they cannot be sold to anyone other than an investor. Thus, the market re-sale value may not rise (and can fall).
With the student investments, there can be several parties involved – properties are sold by the commission based sales company, they are purchased from the developer or builder, and the student management company who you will be dealing with is completely different. When you purchase a standard house with our help, we are responsible and liable for all aspects of the purchase, rental and management; we remain your contact for the life-time of your investment.
Avoid Hotel Rooms, Care Homes, Car Parks & Storage Pod Investments
These fall into a similar category to student pods. The values are inflated, there is no true re-sale market (can only be sold to another investor) and capital growth is not realised. There are multiple companies and contracts in each transaction and no one company totally accountable to the investor. Whilst returns may be guaranteed for a short period there are hidden charges. Standard buy-to-let houses are better as you “own” the property yourself and future capital growth is better.
NOTE: This website shows ‘own use’ properties, pictures and indicative pricing that is approximately representative of the UK property market, and these specific own use properties are NOT advertised as for sale on this website. The aims are to give you an idea of the different types of own use UK property that is available at each price point. We will take your requirements and produce an up-to-date shortlist of properties to meet your specific needs and desires.