RadapProperty

How do you choose your rental property location?

Here are our top three tips for choosing your next investment in the right location.

As an investor, your renters are your customers. It is essential to put ourselves in their shoes.The top priority for the renters is Safety & Accessibility

1.A neighbourhood that is safe and secure.

Investors may find the cheaper properties appealing. But prioritizing safety and security over price is essential.

2.Proximity to university, work, local nightlife or shops

Think about what type of renter you expect in the property and check the relevant proximities.

3.Located in the catchment area of good schools.

Many family renters would be interested in moving near good and outstanding school catchment areas.

2. Proximity to university, work, local nightlife or shops.

Source: ONS report

UK average house prices increased by 15.5% over the year to July 2022, up from 7.8% in June 2022.

This is the highest annual inflation rate the UK has seen since May 2003.