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Think medium to long term - give your investment time to appreciate in value |
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If you have a lump sum of capital, think twice before putting it all into one property - it may be better to 'gear up' your investment by buying a portfolio of properties with mortgages |
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Seek advice from an ARLA letting agent - they know the local market well and will ensure that you buy right to maximise your investment |
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The quality properties let first - present your property well and reduce void periods to a minimum |
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Choose good quality furniture and finishings to differentiate your property from others |
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Use an ARLA agent to let and manage your property - this is an investment, let the professionals take care of the day to day management |
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You should still be able to achieve a good yield on your investment in the Surrey area with the right purchase |
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Aim your investment property at the corporate market by using an ARLA agent - companies rarely rent directly from private landlords |