Portfolio Building

North East England Property

   

• Investment properties from 60K
• Strong rental culture
• Typical gross yield over 6%

The right property, right location, at the right price

Property must clean its own face financially

Over the past decade, we all know that house prices across Britain have been in the grip of massive inflation. According to one major property index, the average house price has soared to over £200,000. This inflation has not had full impact within the North East, it still stands as one of the areas where property investment still ‘stacks up’, rental income more than covers the cost of mortgage repayments. Follow this link for the costs and benefits of a typical property we locate.

Attract a high rental demand

Historically the North East has a very strong rental culture and tenants tend to remain in rental property for longer. The North East is attracting a growing population which means housing supply is outstripping demand. The overall rental market in the North East is extremely buoyant with a continuous need for
affordable housing.

Low maintenance

We only locate low maintenance properties which are in a good condition, require a minimal amount of decoration or are already an acceptable standard to put on the letting market.

Growth potential

We only source properties ideally suited to the ‘buy to let’ market in key growth areas.

Experience

Elgin Homes is actively investing in property in the North East of England.  We have built a good working relationship with estate agents, letting agents and solicitors in the area.  We can competently guide you through the purchase of your new property. 

Value for Money

Our rates are as competitive as they come.  We offer a personalised service that is tailored to the individual needs of the client.  Remember, we will only advise you spend your money on areas we are spending our money. Follow this link for the costs and benefits of a typical property we locate.

If you have any queries or are interested in the above, please do not hesitate to contact us or fill out the feedback form below.