A popular choice in terms of buy to let property; flats and apartments require a fairly low initial investment, especially when compared to other potential avenues of property investment, such as houses or bungalows. It’s fair to say that flats pose a more attractive investment for many first time rental tenants; though they remain a popular, comparatively more affordable choice in terms of rental accommodation across all demographics.
Our aim at Buy2Let is to provide buy to let Landlords with an easy means to not only find flats for sale, but also use our expertise to help potential buyers decide exactly which purchases will provide the greater return on their initial investment. We are able to establish this long term concept of value by calculating the annual yield of each flat that we display onsite; specifically by comparing the gross annual revenue.
This yield driven approach ensures that each buy to let property is treated like the investment that it ultimately is, allowing prospective landlords to compare the gross annual yield value of each flat or apartment with that offered by other alternative forms of investment, such as bonds, annuities and savings accounts.
In order to expedite the selection of the perfect income generating property asset, we have sorted the flats displayed in this section into three different sub-sections; ‘HMO’, ‘Potentials’ and ‘Instants’. The ‘HMO’ section collects Houses with Multiple Occupancy; that is, flats that contain 4 or more bedrooms, and are therefore ideal for rental by large groups of tenants; in most cases providing an excellent gross annual profit, especially when compared to the initial investment. Currently unoccupied flats are classified as ‘Potentials’; in the sense that they only represent a potential income generating asset. ‘Instants’ are the opposite of a ‘Potential’, offering a near instant stream of income, as tenants are already housed in the property.
Find out today exactly what an investment in flats or apartments could do for your annual investment yield!