Buying Investment Property in Old Oak Common

Buying Investment Property

Buying Investment Property in Old Oak Common?

Looking to buy investment property in Old Oak Common? It’s a sound choice, yet one that must be executed correctly. This article tells you about buying investment property in Old Oak Common, the types of deals available and the likely returns. Remember, buying property in Old Oak Common has, on average, yielded in excess of 8% returns per year, and significant capital asset growth.

Property Investors in Old Oak Common have received a lot of Government and economic support. Much of this support has come indirectly in the form of the lowest interest rates in history. This has been bad news for savers, but of course good news for those buying investment property in Old Oak Common using mortgages.

Buying investment property in Old Oak Common with cash outright is also a sure fire hedge against any rise in interest rates. Some investors look to buy properties in need of renovation or a change of purpose. They then renovate those properties and rent them out on a long term or short terms basis.

Once these properties have been renovated and rented then investors in Old Oak Common may refinance the property by taking a mortgage over the property at a higher value, using the income to pay the mortgage and reinvesting the profit from the deal into more property in Old Oak Common or elsewhere.

How easy is it to make money from buying investment property in Old Oak Common?

Guess what? It may be unsuprising to learn that this model is an absolute pain the backside for potential property entrepreneurs in Old Oak Common.

Which properties in Old Oak Common should you buy? What areas of the Old Oak Common housing market are going to give the best returns? Do you know the planning application process with the council? Or about the change of use regulations?

The question you have to ask your self about buying investment property in Old Oak Common is how hands on you want to be?

If you want a new career as a developer or property project manager then go for it.

If, like thousands of other investors you simply want to take advantage of the UK property market, and earn more than the poxy interest rates available from the so-called people’s banks on the Old Oak Common High Street then there are many investment funds, not readily available to the general public.

If you want a new career as a developer or property project manager then go for it.

If, like thousands of other investors you simply want to take advantage of the UK property market, and earn more than the poxy interest rates available from the so-called people’s banks on the Old Oak Common High Street then there are many investment funds, not readily available to the general public.

Map of Old Oak Common

Old Oak Common is an area of Hammersmith, in the London Borough of Hammersmith and Fulham, West London.

Together with neighbouring Park Royal, the area is intended to become the UK’s largest regeneration scheme, the scale of which has led to Park Royal and Old Oak Common being described as a potential “Canary Wharf of West London”.

The area is traditionally known for its railway depots, particularly Old Oak Common TMD. Further south lies an open area, Wormwood Scrubs Park, and Wormwood Scrubs prison. Willesden Junction station lies to the north of the area. In the mid-19th century it was a centre for pig farming.

Originally, Old Oak Common was a stretch of land defined by what became the Harrow Road at its northern end, and its eastern edge was the northern source of Stamford Brook, forming a boundary with Wormwood Scrubs. By 1801, the Paddington Canal had cut it in half, further reducing its size. With the coming of the railways, most of the common was lost and what remained became part of Wormwood Scrubs.

The Great Western Railway’s Great Western Main Line (GWML) of 1838–1841 from London Paddington to Bristol and the 1903 Acton-Northolt line to the Great Western and Great Central Joint Railway at Northolt divided at Old Oak junction.

The partially singled Acton-Northolt line closed in December 2018 to allow for the construction of Old Oak Common railway station, which will offer interchange between GWML trains, the Elizabeth line and the High Speed 2 (HS2) line heading north. Additional rail interchanges may be provided with the construction of two new London Overground stations, Hythe Road on the West London line and Old Oak Common Lane on the North London line.

In summer 2011, the London Borough of Hammersmith and Fulham launched a wide-ranging ‘Park Royal City’ plan for Old Oak Common, including the proposed station, and with light-rail lines to the surrounding areas.

In December 2013, The Independent reported that Antony Spencer, founder of Stadium Capital Development, was to head up a £5 billion regeneration scheme in the area, with partner Queens Park Rangers. The proposal included new homes, office, retail outlets, and a proposed football stadium for QPR. The planning application was rejected.

The Old Oak and Park Royal Development Corporation was established in 2015 to lead regeneration and planning work for an area covering Old Oak Common and much of the Park Royal area. The combined redevelopment area is envisaged to provide 65,000 new jobs and 25,000 new homes.

The engineering plans were revealed in 2018 showing a station at Old Oak Common for HS2, the high speed line running from London to Birmingham. Passengers using HS2 will be able to disembark at Old Oak Common and interchange with the Elizabeth line, Chiltern Railways and Great Western Railway services. The station will have a capacity for around 100 million passengers, rivalling London Waterloo in Central London.

What are Property investment funds

These funds are hidden in plain sight. A global network of nods and handshakes at the Rotary club or on the Golf Course. Some people refer to these private investment vehicles as hedge funds or REITS. However, they are not. These are the funds that wealthy individuals and families invest in to get richer.

The barrier to entry to these exclusive clubs is around £50,000 although do remember that these private investor funds have collectively trillions of dollars under management.

And no, these funds are not available at the bank in Old Oak Common, nor are they covered by the FCA. Your IFA or Accountant won’t bring you the opportunities because of course they won’t receive their greasy commissions.

Investment funds are not even allowed to advertise so you’ll never hear of them unless a friend recommends them.

If you don’t know about these firms, and opportunities then these investments aren’t for you.  You will need at least some experience with previous investments to be eligible and of course they are extremely picky about the investors they accept. They can afford to be. They don’t need your money, but they can put your money to work for you like never before.

Some of these funds don’t invest in property at all. You’ll know them as hedge funds. However, there are a considerable number of Asset backed Investment vehicles delivering significant income and long term growth.

Top three international investment properties realtors in the UK and Old Oak Common

Physis Realty

Apollo Asset Management

The Carlyle Group

Is buying property investment in Old Oak Common a good idea?

The top three actively managed funds directly significant offshore funds into the UK market seem to think so. Of course there’s much speculation about whether rates will rise and the uncertainty around buying property investment in Old Oak Common. One fact remains often overlooked though, during the frantic and heated investment discussions around the dining tables of Old Oak Common

Many individuals and families in Old Oak Common want a safer, long term investment. They realize that property is a relatively illiquid investment and they simple was a property secured investment that provides a nice balance of income and capital appreciation.

Many people looking at buying investment property in Old Oak Common have plenty of business and investment initiatives already in play, whether it be in Old Oak Common, further afield or in a safer offshore investment fund.

Types of investment property in Old Oak Common

It is important to understand the main types of property investment in Old Oak Common

  • Undeveloped land in Old Oak Common
  • Greenbelt land in Old Oak Common (speculative investment)
  • Brownfield land around Old Oak Common (and apply for planning)
  • Commercial property in Old Oak Common
  • Direct Booking Vacation rentals in Old Oak Common
  • Residential real estate property in Old Oak Common
  • Operating property investment in Old Oak Common
  • Distressed property investment in Old Oak Common

Types of property investment deals in Old Oak Common

The main types of property deals in Old Oak Common are:

  • Buy to let in Old Oak Common
  • Buy to hold
  • Serviced Accommodation in Old Oak Common
  • Old Peoples Homes
  • Car Parks
  • Commercial Property in Old Oak Common
  • Buy to change purpose

Buy to let in Old Oak Common

A buy-to-let mortgage is a mortgage loan designed specifically for this purpose. Buy-to-let is the process of buying an investment property in Old Oak Common that is specifically let and is one of the most common types of mortgage in the UK and many other countries. Obviously buy-to-let in Old Oak Common does not have to be done with a mortgage and the sector does attract a significant number of cash buyers.

The purchase – to – rental of real estate is usually a residential property in Old Oak Common, but some terms also include a small number of commercial properties, such as office space and retail space. As with a lease, the benefits of buying a rental property in Old Oak Common as a landlord can include the ability to build up assets as house prices rise over time, as well as the benefit of a low interest rate.

The main risk is that a landlord may borrow to buy the property in Old Oak Common, expecting the house to be sold at a higher price later, or that rental income will cover or exceed the cost of the loan.

Once the price has fallen, this lever could push the landlord into negative equity and, if he cannot meet the terms of his mortgage repayment, the bank will try to take possession of the property and sell it to get the money he borrowed. Banks in Old Oak Common can lend to both landlords and tenants, suggesting that the capital is being used for investment rather than rental income, as a professional investor might do.

Buy to hold in Old Oak Common

Long-term rental property in Old Oak Common is widely considered one of the best ways to diversify your property portfolio. So buying and owning property means much more than just investing in a single property, it can bring you a variety of benefits, such as access to a variety of investment opportunities and the benefits of long-term ownership.

While some investors in Old Oak Common may be confused or intimidated when they start, buying and owning property can be one of the best investments you can make if you do your due diligence before you start.

Buying and owning real estate is an investment strategy for investors in Old Oak Common who buy and hold real estate over a long period of time. The owner usually intends to sell the property later, but leaves it to you to help you buy or finance it.

The rental income from the property in Old Oak Common generates short-term income that can be used to pay off a mortgage or to invest money. The strategy of buying and holding property is one of the most common investment options.

The value of the Old Oak Common property will increase over time and the investor will benefit if he is willing to sell it later. The investor benefits from being bought in the expectation that the value of the property will rise over time.

Investors considering a Old Oak Common property purchase and holding strategy should do their best to calculate the potential income from renting out the property. The bottom line is that monthly income should exceed the cost of rent in the first year of ownership and annual rental income over the next five years.

If the investor plans to sell the Old Oak Common  property later, possible profits should also be taken into account. Finally, any losses from taking out a mortgage or other type of property financing must be taken into account, as well as any gains from the sale.

Convert Old Oak Common property to Serviced Accommodation

For property investors in Old Oak Common, converting a home into a serviced apartment would mean higher rents than the normal rent increase. As a result, many people are buying investment property in Old Oak Common and then converting these homes into serviced apartments to maximize yield.

The types of property used for serviced accommodation in Old Oak Common are often the same as those you would use to buy to let. Where you have a guaranteed short-term rent, it’s not as rigid as renting out a property.

Disadvantages of investing in Serviced Accommodation in Old Oak Common

  • Serviced accommodation is more of a business strategy than a property strategy, and the workload is far more intensive. Seasoned veterans liken serviced accommodation investing in Old Oak Common to the same as running a traditional bed and breakfast. It’s no surprise that the other name for Old Oak Common serviced accommodation is a holiday let.
  • You’ll need to furnish your serviced accommodation in Old Oak Common
  • You’ll need to clean the rooms and change the sheets every time your guests leave.
  • Who does all the laundry?
  • Who does all the cleaning?
  • Who’s going to do all the work for you?
  • How are the guests actually going to get in?
  • Massive Payments to Online Travel Agents
  • Are you going to have somebody to do a meet and greet?

Buying investment property in Old Oak Common to convert into serviced accommodation or holiday lets is not really considered an investment, because the amount of work involved make it a full time job.

Buying Investment Property

Buying Investment Property in Old Oak Common