The Property Disposal Centre is the most recent addition to the long established Churchgate Group and was created to specifically capitalise on the current unique buying conditions within the UK property market, offering a small window of opportunity for those looking to invest or alternatively get onto the property ladder.
As with most things in life timing is everything – and right now it is a buyer’s market. While everyone fixates on trying to predict the bottom of the market, savvy investors use their heads to find the opportunities in the downturn.
The UK property market has suffered a drop in value over the past eighteen months but the consensus amongst industry experts and House Price Indices is that we are already in the latter stages of house price falls and nearing the first of the stages in the recovery process.
In the medium to long term, the inability of first time buyers to raise deposits rather than the inability to afford mortgage repayments mean that they will remain excluded from entry to the market, boosting the demand for private rental property. This presents a huge opportunity for investors in private rental stock. If acted upon this should, in turn underpin the recovery.
This creates a small window of opportunity for investors with ready finance to buy distressed properties at significantly discounted prices before the market begins to stabilise.
According to Savills “the opportunities for those wanting income returns and the prospect of long-term growth are clearly in place now. Anecdotal market evidence suggests that the interest is already much higher and that good-quality stock is being taken up, leaving a shortage of supply in some cases.”
Brisbane Road
Brisbane Road is an excellent example. A buy to let opportunity, fully refurbished, ready for occupancy and situated in an ideal location in a suburb of Birmingham.
Current market value (based on multiple independent valuations): £104,950.00
Property Disposal Centre price: £85,000.00
Discount from market value: £20,000.00
Rental Income: £6,300.00 pa
For a current list of Property Disposal Centre property, please contact us.
