Monday, 21 September 2020

Top Strategies to Find Biggest Property Bargains


Property investment in the UK comes with various benefits. A lot of us know that an increase in the value, along with the rental income makes the property an ideal investment. What a lot of us don’t know is that numerous investment properties in the UK are available at heavily discounted rates. Getting a hold of biggest bargains amplifies your profit.


Property-investment-UK

Many homeowners struggle to get the asking prices. As time passes, they reduce the price in a bid to sell faster. Let’s have a look at sourcing strategies that come with the biggest bargains.

 

  1. Repossessions: Buy a property at Below Market Value (BMV) when the sales are enforced by lenders to recover their money.
  2. Cash Deals: Many properties come at heavily discounted rates if you purchase them for cash.
  3. Buy, Refurbish, Sell: The homes that require refurbishment are often available at Below Market Value (BMV). Buy such a property, improve its condition, and sell again at a higher price.
  4. Auction Listings: Numerous properties listen on auctions are sold at lesser prices than the market value.
  5. Short Lease: Purchase the properties whose lease is going to expire in a few years. Increase the value by extending its lease.

Other effective strategies include New Builds, Licensed HMOs, and properties that are back on the market for sale.

 

Use Deal Finder tool by Property Deals Insight to find investment properties at a fraction of prices. Read more about this advanced tool from here: https://www.propertydealsinsight.com/deal-finder/.