5 Essential Factors to Help UK Property Keep Value

One of the key things investors need to be aware of is energy efficiency. With higher living costs, many tenants are looking for properties that allow them to spend less on energy bills.

Energy-efficient properties can include double or triple-glazed windows, insulation around the hot water tank, solar panels, smart meters, heat pumps and more.

According to Rolande, homes in rural areas are less energy efficient due to the higher costs of installing eco-friendly technology and features.

If you want to buy a property that solves energy-efficiency issues, look at city centre apartments, particularly new buildings.

Consider The Gateway in Liverpool, an upcoming project by Legacie Developments.

This property uses state-of-the-art eco-technology, including PV array solar panels and mechanical ventilation heat recovery systems, to produce electricity and substantially lower heating expenses. In addition, investors also benefit from a reduced service charge, making it an attractive option for the increasing number of environmentally conscious tenants.

Read More: For more property investment insights, check out our guides on how to buy Airbnb property and buying property through a limited company.

As we move away from COVID-19 restrictions, many companies are bringing their employees back to the office.

For that reason, Rolande says, long and convoluted commutes will make living in the countryside less appealing to professionals. This is also due to lower wages in those areas. As more city workers look at urban areas to be closer to jobs, apartments in the city centre will grow in value, while rural homes will see less demand and are more likely to suffer price drops.

Buy-to-let landlords agree with this sentiment. In a recent study from Shawbrook Bank, most landlords agreed that city centre flats have been and would continue to be one of the best places to buy-to-let due to demand from office workers looking for an easier commute to work.

According to Rolande, the Government’s alteration of HS2 plans stands out as one of the most significant transport debates in decades. The property sector will be closely observing the rollout.

It goes without saying that the presence of a dependable and efficient train service is crucial for maintaining home value.

A good local bus or tram service is becoming increasingly important, especially for commuting to work.

Properties lacking these amenities may find fewer interested buyers, potentially impacting prices.

For that reason, property investors may want to look to urban areas with good rail and public transport links for some of the best safe property investment.

While the London Underground may be the first public transport network that springs to mind, other UK cities, like Liverpool and Manchester, boast significant public transport options for locals, connecting different areas within the city and further afield with ease.

92% of UK Property Investors Report Tenants Asking For Eco-Features