Property investment is arguably one of the most profitable and continually growing investment opportunities to get involved with at the moment – for both UK and overseas investors.
Recently, the UK has seen massive demand for rental properties, and as a result of supply issues, this is expected to last well into 2023.
For those looking to invest in buy to let property, this is a fantastic opportunity.
Not only is your job made easier with an expected steady influx of potential tenants ready to move in at the drop of a hat, but you can also expect to benefit from strong capital appreciation as the market value of your investment properties grows.
With property being a physical asset that grows in value over time, you can expect to see higher returns as the value of your property increases greatly over time.
There is also strong growth potential with property investment, with the latest data from the Land Registry’s UK House Price Index stating that house prices have grown by 13.6% in the past 12 months from August 2022, with room for even more considerable growth.
Whilst other investment options, like cryptocurrency or stocks, may have much lower entry costs for beginners in comparison to the property, this does not necessarily result in better returns or low-risk investment.
Firstly, taking into account the combination of steadily rising capital and price growth, investment properties are by and large worth the higher entry cost.
Secondly, unlike other investment options such as cryptocurrency or stocks, there is little chance of the housing market experiencing major instability.
Investing now puts you in a position to make the most of the rising rental prices expected across the UK, with some of the best places to invest expected to see increases by at least 3% by the end of this year alone.