Looking to buy an un modernised property?
Looking to start a Buy-to-Let investment portfolio ?
If the answer is yes you should be looking to buy at Auction. Buying at Auction isn’t necessarily straight forward…it can be expensive if you fail to secure the highest offer when the hammer goes down as you do have to do due diligence with the contract and financing if applicable. However the rewards can be far greater than buying from a High Street or online estate agent. Typically you should see anything from 10% capital appreciation once the property is reconfigured and refurbished.
If you are considering buying we would advise getting a Home Staging and Property Reconfiguration Report done by Pure Property, therefore you will be best advised on layouts for maximising the rental yield and capital appreciation on sale.