Team GB brought home the medals at Tokyo 2020, but property, not gold, has proved the best investment proposition in recent years.
The average price of residential property has increased by 46% over the last 10 years, over double that of gold.
Over the same period, the FTSE 100 has risen just 18%, as it remains below its pre-pandemic high, despite a positive economic recovery.
Property is a great investment
With this in mind, and the demand for rental properties increasing, a buy-to-let property can be an attractive investment.
At present, there is little sign of a slowdown in property market conditions. Mortgage approvals in June were over 20% higher than the long-term average (Bank of England) and demand in the market remains high. Source: Dataloft, Nationwide, LBMA, FT
If you’re thinking of investing in a property to rent, find out what to look for [link] or discover the properties we have available today [link].
Professional Property Management for Peace of Mind
Our Property Management Team at The Property Centre keeps up to date with every legislative change and is able to deal with any problems that can potentially arise when owning a buy-to-let property. We offer a range of services to meet different requirements, with a transparent fee structure, but we're also mindful that each landlord is unique and so services can be added or removed as needed, making the management service bespoke to the landlord and their individual needs.
Contact our team today to find out more.