Property investors should 'do their research'
buy-to-let landlords who are looking for investment opportunities in the capital have been advised to research the market prior to expanding their portfolio.
While the current downturn in the market is creating ideal opportunities for savvy investors to snap up under-priced property, BuyAssociation.co.uk warned against rushing into new purchases.
Paul Collins, property editor at the website, emphasised that there are a swathe of considerations to bear in mind.
"You need to do lots of research," Mr Collins declared. "It's really about looking at the market and what's around it - particularly if you are buying in or near large towns."
He continued: "You need to be thinking about renting out and the type of people you will be renting it out to. In or near large towns, you are likely to be renting smaller properties because you will find young professionals and young couples."
Nationwide's latest House Price Index found that house price growth slowed across the UK, though London remains the most expensive region.
Published 23rd April, 2008
© 2008 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Streatham town centre to be improved by BID?
Major improvements could be made to Streatham town centre thanks to a new business partnership.
Read Article ... Published on 25th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Barking Splash Park opens this weekend
Barking Splash Park will be free to use this weekend (May 25th-27th) to mark its opening.
Read Article ... Published on 24th May, 2012
Southwark estates to get cheaper energy bills
Residents in Southwark can look forward to cheaper energy bills thanks to the creation of a new underground green network.
Read Article ... Published on 23rd May, 2012
Enfield £1.3bn masterplan unveiled
A masterplan has been unveiled that will see a 200-acre site in Enfield regenerated as part of a £1.3 billion plan.
Read Article ... Published on 23rd May, 2012
Londoners encouraged to grow their own fruit and veg
People in London are being encouraged to grow their own fruit and vegetables.
Read Article ... Published on 22nd May, 2012
Merton 'embraces green improvements'
Merton is now a cleaner, greener location to live in thanks to the implementation of the Wandle Valley Low Carbon Zone (LCZ).
Read Article ... Published on 22nd May, 2012
London house prices rise by 1,782% in past 35 years
London house prices have increased by 1,782 per cent in the last 35 years.
Read Article ... Published on 21st May, 2012
Poplar's Chrisp Street to get £100m regeneration
Some £100 million is to be spent regenerating the Chrisp Street area of Poplar in Tower Hamlets.
Read Article ... Published on 21st May, 2012
Buy-to-let landlords who are looking for investment opportunities in the capital have been advised to research the market prior to expanding their portfolio.