Food for thought!
In 2006 there were 2.4 million homes in the private rental sector within the UK. Now some 6 years later this figure is close to 4.2 million and by 2021 it’s expected to grow to over 7 million!
Every property within the private rental sector will need to be owned by someone and as history proves, property is likely to increase in value over time.
According to Land Registry statistics the average selling price for a property in Essex in 1995 was £66,497. By 2011 this figure had nearly trebled to £188,114 which represents an uplift of more than 182%!
Therefore not only can Landlords benefit from a regular source of income via the rent paid by their tenants, but when the property is eventually sold they could also enjoy lucrative Capital Growth returns. These two aspects should be of particular interest and benefit to those who may want to retire in 10 to 20 years’ time.
As our population continues to increase, there will be an ever increasing demand on Government resources. This will inevitably have a negative impact on state pensions leaving many with little choice but to continue working into their late 60’s and early 70’s.
However, the regular income and Capital Growth potential that a buy to let property can generate will undoubtedly help determine when people choose to ret ire and how they fund their lifestyles during later years.
Our projections forecast that if the property featured was financed appropriately it could generate a total net return of £97,988 in 20 years’ time after all taxes have been applied (plus the return of the initial deposit)
If you are interested in pursuing this venture further come along to one of our free buy to let seminars which are being held in association with Bird Luckin. These events are being held on the following dates:
Tuesday 17th April
Morning Session 4 Arrive 8.30am – Start 9.00am – Finish 11.00am
Bird Luckin, Aquila House, Waterloo Lane, Chelmsford, CM1 1BN
Lunchtime Session 5 Arrive 12pm – Start 12.30pm – Finish 2.30pm
Bird Luckin, Aquila House, Waterloo Lane, Chelmsford, CM1 1BN
Evening Session 6 Arrive 5.00pm – Start 5.30pm – Finish 7.30pm
Beresfords, 10 Springfield Lyons Approach, Springfield, Chelmsford, CM2 5LB
Wednesday 25th April
Morning Session 7 Arrive 8.30am – Start 9.00am – Finish 11.00am
Bird Luckin, Aquila House, Waterloo Lane, Chelmsford, CM1 1BN
Lunchtime Session 8 Arrive 12pm – Start 12.30pm – Finish 2.30pm
Bird Luckin, Aquila House, Waterloo Lane, Chelmsford, CM1 1BN
Evening Session 9 Arrive 5.00pm – Start 5.30pm – Finish 7.30pm
Beresfords, 10 Springfield Lyons Approach, Springfield, Chelmsford, CM2 5LB
To reserve your place simply email us indicating which of the 6 sessions you would like to attend. Just in case we are oversubscribed please also let us have your second choice.
Email: investment-team@beresfordsgroup.co.uk