For many with surplus capital, investing in property development can be a beneficial and a somewhat secure investment. For most, simply letting finances build up with minimal interest is not the best way for a healthy return. There may be risks associated with investments. However, if a wise, well-educated decision is made, an investment has the potential to reap great rewards. With many different investment options out there, why invest in property development?
Stability
Housing is a relatively stable market. Savills house price forecast for 2020-2024 shows predicted house price growth for all regions of the UK. Such figures show that your investment is not likely to decline due to house prices, no matter the location.
One reason behind healthy property prices is due to an undersupply of housing within the UK. An undersupply of houses adds further stability to homeowners, with the reassurance that both rental or selling the property is probable due to demand.
The population within the UK is currently over 66,000,000, an increase of 4 million people within the past 10 years. With an ever expanding population, the demand for housing, in turn, is constantly on the rise. Investing in property, whether the intention is to rent out or to sell, your outcome is likely to result in a contract.
Your Investment, Your Budget
Property investment may look a sure-fire way to ensure your investment is profitable. However, if this was the case, wouldn’t we all be doing it?
As an investor, finding the right property or project for you is key. Margins can easily be lost with hidden costs and problems. An investor must have the right knowledge to ensure problems are solved effectively. For many, property investment is a new venture, outside of their specialised field. Having a company such as Nevill Developments on hand to guide and oversee projects will reassure an investor that their capital is in safe hands.
Nevill Developments are an award-winning property developers based in Colchester. Not only do we specialise in private renovation. But we also offer our services to those wanting to dive into the world of property investment. We preferably work with those that specialise in property development either as a single project, buying in bulk, or the purchase of land with the intention to build.
If you would like further information on how Nevill Developments can help you invest in property development, contact us today on 01206 700 124 or email info@devilldevelopments.co.uk. For past projects and for further information on Nevill Developments, please feel free to browse our website.