Water place to invest

Released on: February 5, 2008, 11:05 am

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: Those looking at investing in property will, when undertaking
their research, often look at what an area offers. However pleasant a property may
be, its worth.

Press Release Body: Those looking at investing in property will, when undertaking
their research, often look at what an area offers. However pleasant a property may
be, its worth, either for the next buyer or in terms of rental value, may depend on
the amenities around it.

For those investing in city centre apartments for professionals, for example, the
high value is generated by the proximity of workplaces, transport links and
nightlife. On the other hand, those investing in more suburban areas where the
tenants may be families may consider the presence of facilities such as shops,
schools and parks.

So it is when it comes to property investment in locations close to water. Estate
agency Hamptons International has stated that homes in such locations enjoy an
ambience that can add to the value of such a home by a fifth.

Ian Westerling, regional sales director for Hamptons in the Thames and Chilterns
Region, said living in such properties was becoming increasingly popular. He said
towns such as Henley, Windsor and Marlow were seeing increased buying from Londoners
wishing to commute to the metropolis from en environment with a somewhat different
ambience.

\"Riverside properties were extremely popular in 2007 and this has not changed at the
start of this year, despite the adjustment in the property market,\" he commented,
adding that this also applied to other waterside locations such as streams, lakes
and canals.

\"Water views are an aesthetic characteristic and provide a pocket of tranquility and
peace - away from the hustle and bustle of city living. Many buyers are enticed by a
perceived way of life and this sustained demand is likely to continue to keep the
prices of properties on the water up for the foreseeable future,\" he concluded.

Nor, it appears, is it just in attractive towns in leafy parts of southern England
that this applies. The Stockport and Manchester Canal Society displays the same
point about property prices rising by 20 per cent on its website. The society is
campaigning for the restoration of the Stockport Canal, which was filled in during
the 1960s and 70s.

The route taken by the canal does not pass through one of Greater Manchester\'s most
salubrious areas; Reddish is not Bramhall and Gorton is not Didsbury. But even here,
the argument has been made and given the amount of new apartment building that has
occurred in and around Manchester it is possible any such restoration could provide
some attractive new sites for developers and investors.

In other areas new waterside developments could also make investments in existing
property nearby more attractive. Earlier this month the Daily Telegraph reported
that this may be about to take place in Birkenhead, a much sung-about ferry ride
across the Mersey from Liverpool where terraced houses can be had for as little as
£75,000.

Now, the paper reports, this could be about to change as developers Peel Holdings
plan a £4.5 billion waterfront development which will see Birkenhead\'s skyline
transformed with skyscrapers filled with apartments. If this has a positive affect
on surrounding properties, it may provide investors near the waterfront of today
properties which will sell for far more once the transformation takes place.

In today\'s world Property investment is an excellent investment option especially
investment in UK

Web Site: http://www.assetz.co.uk/

Contact Details: Address:Assetz House, Newby Road, Stockport,Cheshire

zip:SK7 5DA

ph:0845 400 7000

fax:0845 400 6010

email:linkexchangeseo@gmail.com

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