How to find and own the perfect rental property in London
Many people who buy a property with the intention of renting do so with one goal in mind: making money. As the capital of the UK, letting properties in and around London can be incredibly profitable for landlords.
However, this is easier said than done. If you don’t know what you’re looking for, owning a rental property can quickly cost more money than it makes you, and even if you are making a profit, it can cause more problems than it’s worth.
Things to Consider
When weighing up prospective properties, it may help to have in mind the exact features you need for it to be perfect for you. Looking at who exactly is renting other properties in the area will help you visualise how easy it will be to find prospective tenants, and help you get a scope of the local area.
Knowing key information about the location of your property before you take the plunge and make an offer will help you balance insurance and maintenance costs with the potential profit you stand to make, so doing your research is essential.
Westcolt Surveyors Can Help
At Westcolt Surveyors, we know the search for the perfect rental property can be tricky, but there is no need to cause yourself unnecessary stress. Our dedicated team are here to make the process simple. Westcolt Surveyors cover all London’s postcodes, and one of the wide range of services we offer include comprehensive residential lettings and handling buy-to-let properties, from preparing tenancy agreements to regular checks and property repairs.
The Westcolt Residential Lettings Management team boast over 60 years combined experience between them, and provide a wide range of expert services that are tailored to each client, helping landlords est in the knowledge that Westcolt Surveyors can efficiently take care of your every property management need.
For more information, or help finding your perfect rental property, please don’t hesitate to get in touch.