Ian Burrows, Branch Manager of Paul Carr Estate Agents in Erdington shares why investing in Erdington is a clever move for today’s buy-to-let investor
If you are looking to invest, investing in the housing market ‘bricks and mortar’ remains a smart move.
I am constantly hearing from friends, family and indeed many clients about the rising cost of living, and their wish to protect and grow the fruits of their labour to both create better returns and safeguard their capital into the future.
With interest rates close to a record low, quite logically I believe now is the time to seriously consider investing in the solidity of bricks and mortar.
Despite the pandemic, we still see a polarity for a large number of people to move towards an urban or suburban development close to major cities and therefore employment hubs.
Within Birmingham we see massive changes with the rebuilding projects, partly enthused by the onset of HS2, that will bring greater connectivity for all businesses and the need to therefore have skilled employees enabled to engage and support growth. Additionally with the Commonwealth Games coming this year, infrastructures have been put in place to offer long-term housing solutions, creating a call to order for those who see the opportunities that could arise. Everyone seeks a ‘place they can call home’ and Erdington is a great location for the 21st century worker.
Firstly, as an investment your rental property can deliver not only monthly income but the potential for capital growth in a relatively stable, as history dictates, environment. Investing in bricks and mortar generally offers a much higher yield than any alternative safe and secure opportunities currently available.
Secondly, in providing a residence, you are helping not only satisfy a genuine housing need but also strengthening and securing the infrastructure through potential further investment within the community as disposable income is re-invested. In building the community and the area, the potential for capital growth of your property investment is enhanced and therefore your overall return on your investment.
Thirdly, with superb connectivity in being placed on both direct road and rail routes into and around the Birmingham area, and with its multi-cultural society, Erdington is a genuine ‘hot spot’ for you to invest and build your property portfolio.
We have a number of experts on hand to assist you in giving you advice and being with you every step of the way, ranging from advice on buying the property to best deliver on your investment goals, legal & financial services, and of course the letting & professional management of your asset.
Now is the time to invest in your future and that future starts with your call to Paul Carr Estate Agents, Erdington. Make that call today and see how with our guidance we can build on your future! Contact us on 0121 382 8870 or email erdington@paulcarrestateagents.co.uk