At Copperstones we are determined to provide you with the best advice on how you can wisely invest in a property and realistically count the return on your investment.
Usually, when we are thinking about property investment we are thinking of a steady monthly income after a smart property purchase. However, a property’s marketability may also be affected by maintenance costs, vacancy rates, rental yields in the area and market trends.
Whether you are new to property investment or have invested before, there are always four factors that should influence your final decision.
Here’s a look at the top four things you should consider when evaluating a potential investment property:
- Age
- Neighbourhood
- Maintenance
- Commitment