| As the nation's property market has cooled, | | | | marketing a range of investment properties |
| Hometrack has reported the return of a | | | | with off-plan discounts of 15%. These include |
| buyers' market, with sales currently being | | | | Victoria Court in Wigan, a development of ten |
| made at 94.3% of the asking price. Waiting | | | | luxury two-bedroom apartments priced at |
| for a buyers market is a good way to make | | | | £125,000 before discount. Three luxury |
| your money stretch further but an | | | | apartments in West Cliff Apartments in |
| increasingly popular way of saving money on | | | | Preston city centre at £210,000 before |
| investment properties is by buying at | | | | discount. And a choice of 13 one or |
| auction. | | | | two-bedroom flats in Worsley, Manchester from |
| | | | £135,000 before discount. This website is |
| According to the Sunday Times, "90% of cheap | | | | also offering the opportunity to buy a piece |
| property is sold at auctions" and at every | | | | of television history! Brookside Close is now |
| auction are investors ready to modernise in | | | | up for sale in West Derby, Liverpool (but |
| the hope of a quick profit. Due to the | | | | there are no discounts on those properties). |
| popularity of purchasing investment | | | | |
| properties at auction there are now range of | | | | To make your investment properties a success, |
| companies that keep up to date with the | | | | buy in an up-and-coming area where property |
| latest auctions and who will provide you with | | | | prices are often lower and are forecast to |
| listings for a small subscription fee. One of | | | | rise more than the national average. At the |
| these services is run by IPDS whose website, | | | | moment, property forecasters are focusing on |
| auctionpropertyforsale.co.uk, also contains | | | | Scotland where prices are almost one-third |
| useful information about the whole auction | | | | less than the national average. Scotland is |
| process. If you are keen to buy at auction | | | | currently enjoying economic prosperity due to |
| you will find other agents and listings sites | | | | the oil industry and is attracting much |
| through the website, LandlordZone.co.uk. | | | | investment. |
| | | | |
| Another way to buy investment properties with | | | | In Aberdeen, a good buy-to-let prospect with |
| savings on the purchase price is to buy off | | | | international transport links and a popular |
| plan. Many developers throughout the UK will | | | | university, the agent Gavin Bain & Co holds a |
| offer significant discounts to those who | | | | wide range of properties ranging in price |
| agree to purchase before the build is | | | | from £68,500 to £450,000. In Dundee, |
| complete. At the moment many discounts can be | | | | Your Move is currently marketing a |
| found on investment properties in Manchester, | | | | three-bedroom flat in a converted mill |
| which has been undergoing a period of | | | | building for £137,950 while the company |
| regeneration. On the website you'll find | | | | Construction and Property Marketing currently |
| several examples, including The Cube and The | | | | holds brand-new apartments at Discovery Wharf |
| Mews developments both due for completion in | | | | from £161,000. |
| autumn 2008. These developments contain | | | | |
| investment properties from £116,450 to | | | | Topping many current lists as being the area |
| £152,150, with a 15% discount for | | | | most likely to experience the greatest price |
| purchasers who will buy off plan. Also in | | | | increases over the coming year, Scotland is |
| Manchester, the Ellesmere Property Group is | | | | looking like a good place to invest. If you |
| offering 17% discounts on apartments in the | | | | are buying to let, the university regions of |
| Ingenta development where there are 30 | | | | Aberdeen, Dundee, Edinburgh and Stirling have |
| properties for sale with gross prices | | | | obvious attraction. Whether you are looking |
| starting at £181,260. | | | | for investment properties to renovate or buy |
| | | | into a brand-new development there is much to |
| The website off-plan.co.uk is currently | | | | be found. |