How to Source Property and Win Awards
(PRWEB UK) 13 April 2018 -- One Touch Property has been sourcing successful student property investments for almost a decade. Throughout this time, they have been able to refine their property sourcing process and formulate a property sourcing strategy.
The fundamentals they use when sourcing student accommodation investment schemes includes identifying towns and cities where there is a shortage of supply vs demand (due to Article 4 directions, an influx of new students to that city, the university in the area expanding its campus etc) and then choosing a property in a desirable area in that city. The property would ideally be located centrally, but within easy reach of university campuses.
One Touch Property, match the emerging trends by sourcing purpose built student housing PBSH in central locations where the students want to live. Gone are the days where student will accept sharing a room in an HMO on the outskirts of the city. Student accommodation has become an essential part of the package required to attract students in a multi-billion pound globalised student market. The University ranking is just one of the elements that the discerning students now evaluate. Millennials are not satisfied with living cheaply; they want to maximize their experience and enjoy the city in which they are based. Recognising this need, the strategy employed by One Touch property is to choose the most desirable developments in the best locations, ensuring high demand and low occupancy rates. The outcome has a positive effect on the rental yield that can be achieved by investors.
Not only is it important to choose properties in nice areas, but it is also essential to ensure the prices stack up in terms of how much studios or flats within the development will cost, vs the rent that can be achieved from the property. No student is going to pay more for accommodation in one place when there are better alternatives of comparable quality and value nearby. The development needs to be competitive with other accommodation options in the area, otherwise the projected rents will never be achieved.
One Touch Property conducts extensive research into similar developments in the area; both in terms of how much they were purchased for, and the average rent they achieved. Their meticulous approach to property sourcing has been recognised by the panel of experts at the 2018 Propertywire awards where they were crowned Student Property Investment Provider 2018.
One Touch Property not only employs this approach for student property investments, but also applies a similar strategy to buy to let and retirement home investments. They place a high value on meeting investors’ expectations which is transparent in the feedback from customers happy to work with them. A common theme in their client testimonials is that they guide investors through the process from start to finish, and even help with the re-selling of property should the individual wish to release equity.
"We are pleased that our investors have recognised and appreciated the time and effort we take to source our investment opportunities." Says Investment Director Arran Kerkvliet. "Repeat business and client referrals make up the bulk of our business. So we take great steps to ensure our investments and client care is second to none".
Individuals who are considering their first steps into property investment should contact One Touch Property today for property investment advice.
Sarah Phillips, One Touch Solution Limited, http://www.onetouchinvestment.co.uk, +44 2037094279, [email protected]
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