Downer & Co has been fortunate to have seen an explosion in the rental market throughout Newbury and surrounds and the wider UK.
Newbury remains an excellent location for residential investment and is a highly sought after area by local and overseas investors.
We are often approached by entrepreneurial investors and first-time landlords asking the same questions. Should I buy in Newbury, where should I buy, and how can I achieve the best yield? Whether you are just starting out with a new buy to let investment or an established Landlord, our comprehensive Buy To Let Guide can help.
1: Download the Downer & Co Buy To Let Guide.
Bursting with great advice, tips and tricks on everything from viewing the right properties to arranging the finance and picking the right Tenant.
2: Read the Downer & Co/Newbury Property News blog.
An incredible resource is written specifically for our town. This can be found at newburypropertynews.co.uk.
3: Talk to us
Pop into our office and chat with one of the senior members of the team. We are always here to help, and our experience will guide you through the process.
4: Get professional help.
You may have read plenty of blogs and online journals. Still, there really is no substitute for a professional in Landlord and Tenant relationships backed by a team who are ARLA members.
5: Treat your investment as a business and not a home.
What system do you have in place to manage maintenance requests if you are out-of-town or on vacation? Are you setting aside 10% of your rental income for repairs? Do you need to install that high-end £20,000 kitchen? Who will be living in the property?
6: View, View View.
It goes without saying that you should go and see plenty of properties before purchasing but remember point 5 above. The Victorian house with 'potential' may not be a good buy (they take a lot of work).
7: Keep your Tenant happy.
It is a LOT cheaper to retain a Tenant than to find a new one. Fix repairs promptly, keep the property in good shape, treat your tenants with respect and you will see less turnover and more cash flow.
8: Get the right insurance.
You can insure for most things, but make sure you have the maximum amount of rental insurance, property liability insurance and any other type of insurance required.
Get in touch
Call us on 01635 523777 or send us a message...