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What would be a good investment in this current climate?

Is bricks and mortar a still good thing to invest in...Or waiting to see if interest rates rise?

Asked on Mar 21 2010, General in New Malden | Report content

Answers (3)

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  • Anything with a likely yield of 6% plus this means the rent received being the equivalent or greater than 6% of the original purchase price. Look for access to shops railway station and main road and motorway networks. Consider employment in the area and ask local agents what type of properties they have waiting tenants for. good luck

    Answered on Mar 22 2010, Report content
  • Bricks and mortar is still a very good long term investment as demand will also be there, and ultimatley you will always have an assest to sell, unlike the stock market and other investments where you can end up with nothing.

    Answered on Mar 22 2010, Report content
  • Great answer above, as they do say location is everything! Also don't forget to look at supply and demand in the local area, a new development of houses can be either positive or negative for an investment of a local property.

    Answered on Mar 22 2010, Report content

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