Press Release Summary: Those looking at property investment in the UK may have heard all too often that the market is a dead duck, that the time to invest has passed and it is better to lie low until the good times come around again.
Press Release Body: Those looking at property investment in the UK may have heard all too often that the market is a dead duck, that the time to invest has passed and it is better to lie low until the good times come around again.
Yet such a sentiment appears to have been rejected by a great many investors with a long-term focus. The most recent Association of Residential Lettings Agents survey found 46 per cent of investors looking to add to their portfolios.
So where might such investors look? A number of locations have been suggested, with the Independent beginning this year with a series of recommendations from areas of London and the home counties which were seeing new transport and Olympian developments to Liverpool, which is enjoying higher than normal exposure due to its European Capital of Culture status.
Paul Collins, property editor of BuyAssociation, said that it is \"very difficult to pinpoint specific areas at the moment\", particularly in London.
\"There\'s potential in London property- I\'m told prices are still going up in some areas so there is potential you just have to choose very, very carefully,\" he stated.
But rather than just looking at the capital, he suggested, there were some alternatives to explore - such as the university towns, commenting: \"Buying near the university cities would be quite a good investment at the moment because of the amount of students and it\'s not so governed by the economic situation.\"
To this Mr Collins added that the appeal of Oxford and Cambridge went beyond the student sector: \"Although they are still university towns they are attracting quite a lot of young workers.\"
All of these make up some possibilities in a market where discernment may indeed be needed in good quantities. One example of such a town where canny research and examination of the market may be critical is Ipswich property. On the one hand, the Suffolk town has suddenly had an influx of students with the opening of University Campus Suffolk, a collaboration between the universities of East Anglia and Essex, which has brought university education to Ipswich for the first time.
But if the student sector remains an interesting new market, the apartment sector appears to be far less healthy, with overbuilding being as much of a problem in Ipswich as in Birmingham, which has nearly ten times the population. This was highlighted earlier this month when local MP Chris Mole told the Suffolk Evening Star the downturn in the property market was heavily concentrated on that one sector.
He said: \"We think that the development of flats was necessary to kick start some of the regeneration of the Waterfront but probably for 2008 we have got as many as we need if not too many.\"
Clearly any good research carried out on Ipswich will show that the apartment sector should be avoided for now, unless, perhaps, a property is available at a knock-down price that means it cannot fail to rise significantly in the longer term. But good planning is crucial, Mr Collins concluded, saying: \"If you are thinking about buying in an area that has an abundance of two bedroom apartments, then if you go out and buy a two bedroom apartment, you are not necessarily going to be able to rent it out because a lot of people are going to be doing it.\" As ever, research is all about finding where the high demand is.
In today\'s world Property investment is an excellent investment option especially investment in UK
2025
