UK Property options – latest info

As the options for UK property investment change on a regular basis, this page will be updated to provide you with an overview of some of the current options.

Please see this article for information on property investing:

How to invest in UK property without stress

Current Property availability – as at 29th June 2022

All are new builds or full refurbishments and that is best for any remote investor. No maintenance issues and all fully in line with current safety rules, especially for any external cladding and H&S certification.

Burton -on-Trent – this will go very fast so don’t delay!

Launched 29th June, this is a stylish conversion which will complete in just eight months.

  • Studio apartments £78,222
  • One bedroom apartments £143,000
  • Two bedroom apartments £158,000

Yields of 6-8% pa . 999 year leases.   Check out the video for more and get in touch to reserve your new property without delay.

 

Trafford – Manchester – Just 8 units left! Our fastest-selling option of this year

 This stylish development is in a refurbished office building and will have 116 aprtments. The studios start at £135,000, one-beds at £170,000 and two-beds at £244,000.

All apartment come with parking and leases of 999 years. This is a bright and airy development, near Trafford Cricket Ground. Completion dates are July to September 2023.

The reservation fee is just £2,500 and that is offset against the deposit of 20% payable on exchange of contracts.

Hull – A boutique development that is just about to launch. A lovely conversion of a brick brewery and just 31 units, priced from £119,000 for a studio, £153,000 for a one-bed and from £198,000 for a two-bed apartment.

Completion is due in May 2023 and just 15% required on exchange of contracts.

Hull has come on in leaps and bounds in recent years and in 2018 was named Most Improved City. There is a massive undersupply of housing and there is a strong investment case for buying here.

Preston – an area that is being hugely redeveloped with large amounts of investment. Several major employers in the area, good transport links and close to Manchester.  The development of smart flats is keenly priced, starting at just £140,000 .

Estimated rental yied up to 5.25%. Completion due July 2023.

This is proving to be very popular, unsurprising at this price point in a good location, so don’t delay.

Derby – another city that is under-rated and is benefitting from substantial investment and regeneration of some £3.5bn. Several huge employers in the area and the population is forcasted to grow significantly.

We have a great new development in the city centre, a mix of high-spec houses and apartments with communal areas, landscaping, gym, cafes and bars. It includes part of the old Royal Infirmary and is due to complete from Q2 2023.  Prices start at £182,950.

Birmingham – a stylish development by the canal as part of a regeneration project. Birmingham has really changed in recent years. Just 80 units, all super stylish and including Poggenpohl kitchens. One, two and three bed units, all of which are large and no two are quite the same, with completion due in Q2, 2023.

These are very high-end so start at £284,950 but with high expected yields.

Manchester – a city centre development with completion dates from August of this year so ideal if you want to start earning quickly.

More info here: UK property investment with completion August 2022

I can send you a copy of the presentation upon request.

Manchester is a vibrant city, and is deservedly popular with both residents and investors. There is a shortage of quality rental property, the city has been undergoing regeneration, and it has a student retention rate of 70%, the highest in the UK. These graduates are your ideal tenants.

Super high-quality apartments which are large at 799 sqft. Rental yields of around 6% and prices from £328,000 up to £370,000.

Tax planning for UK property ownership

A new service for clients buying UK property. There are advantages in owning investment property in a limited company and I now have the facility to arrange this for you at a highly competitive price of just £499 (+VAT) at outset and £24 per month.

Not only do you get the limited company but the package includes a registered address for the company, a business bank account, accounting, and tax returns. It is all online and very slick and easy to use

There are several advantages in owning a property via a limited company but in the past many were negated by the cost of setting up and managing it, as well as the hassle, but no longer.

Due to taxes on change of ownership (same as buying and selling UK property), this is not usually a viable option for existing owned properties, but if you are considering buying in the UK, or have only exchanged contracts, this may be ideal for you.

 

To arrange a discussion about investing in property, or on any aspect of your personal financial planning, please email me at keren@holbornassets.com I run my own set-up under the Holborn Assets umbrella.

This is part of the holistic personal financial planning service and that I provide to expats, and the general consumer, financial and legal information that I provide in The National newspaper, on radio, and on the Facebook group British Expats Dubai.

Please take a look at the other useful articles on this website.