Property Investment: Is Coventry a Property Hotspot?
Are you looking to invest in property in an area that can offer you affordable properties with access to a professional, experienced and knowledgeable power team?
You have decided to invest in property; the next step is deciding where to invest. Homemaker Properties promotes Coventry as a Property Hotspot and considers the city to be a lucrative option for investing in property. But what makes Coventry such an attractive investment opportunity?
Research conducted by HSBC in 2014 reveals Coventry is positioned number six in the top places to invest in buy-to-let properties. Figures show that the average annual rental income is £7,800 and with the average house price of £110,029 landlords can expect a potential gross rental yield of 7.09%.
Meanwhile in London, although demand is high for rental properties this is outweighed by very high property prices resulting in the lower gross rental yield.
Peter Dockar, Head of Mortgages at HSBC said,
“London is often seen as the haven of property investment with many believing the streets are paved with gold. However, while the highest rents in the country are an attractive draw for landlords, high house prices in the capital squeeze yields and limit the returns available. As a result, returns can often be far more attractive in other areas so it certainly pays for landlords to do their research.”
Another benefit of Coventry is the high tenant demand from both students and professionals. Coventry is home to two world-renowned, expanding Universities as well as multi-national organisations and large employers such as Jaguar Landrover, Coventry City Council and Severn Trent Water to name just a few. This means that there are multiple strategies that can be adopted and the option to alter direction.
Property Investment in Coventry Seminar
Homemaker Properties Director, Kevin McMullan, started out investing in property in 2006. Since then he has built a multi-million pound property portfolio in and around the Coventry area.
Kevin, along with the rest of the Homemaker team, is now sharing his wisdom and property knowledge learnt throughout his property journey via the Property Investment in Coventry seminar
The Property Investment in Coventry Seminar is ideal for those looking to grow their portfolio in a top 10 city for property return on investment. This one day seminar will offer guidance on progressing to the next level of Property Investment.
Prices start from as little as £137.50 per person* and we have numerous dates available throughout 2015. Further information about Homemaker Properties Property Investment in Coventry seminar, along with other courses offered can be found on our Seminars page.
If you would like to book a place on one of our courses, please e-mail your details to info@homemakerproperties.com or phone 02476 100 390.
*Based on couple ticket priced at £275