UK Buy-to-Let Investment 2024: Tips to Add Value | RWinvest Skip to content

Tips for Adding Value to a UK Buy-to-Let Investment in 2024

Don't miss out on the best new investment deals. Enter your details now to sign up to our mailing list and receive exclusive information straight to your inbox.

    How to Add Value to a Buy-to-Let Property

    The aim of all buy-to-let opportunities is to grow capital. As such, most investors will want to know what they can do to ensure their properties increase in value as time passes.

    While house prices tend to go up the longer you hold them, there are numerous things you can do to ensure that you enjoy the highest level of capital appreciation and the best rental yield.

    Today, we are looking at some critical things you must consider to ensure you add value to a property in 2024.

    Read on for more information.

    Secure a Luxury Apartment on the London Commuter Belt With Only £5k!

    NEW payment structure announced for the Hive Luton. Reserve your unit with only £5k and pay just 10% of the property price on exchange, with the remaining 90% due upon completion. Few units remain so be sure to enquire now to take advantage of this deal!

      Thermostatic Head Valve for Radiator Heater and green house of cubes on wooden background Heating Project Heat Supply Building Concept idea of ECO sustainability and Energy saving.

      Look for Energy Efficiency

      Buyers and renters prioritise properties with high Energy Performance Certificate (EPC) ratings, often paying more due to potential energy bill savings. A survey by OVO found that 66% of prospective homebuyers prioritise energy efficiency.

      New-build homes can be significantly more energy-efficient, employing technologies like heat pumps and triple-glazed windows. This makes them appealing to property investors for their broader market appeal and longer-lasting EPC ratings.

      Despite recent government changes to EPC regulations, investing in a new build with a good rating ensures compliance with potential future regulations.

      Learn More: Explore new-build apartments in Liverpool and discover how to get started with the UK rental market today!

      Read Everything You Need to Know About Investing in Off Plan Property

      Download a copy of your FREE guide to off-plan property investment for tips on strategies, locations, and more.

      Real estate or property investment. Home mortgage loan rate. Saving money for retirement concept. Coin stack on international banknotes with house model on table. Business growth background

      Purchase in Areas with Good Capital Growth Potential

      One of the cornerstones of properties accumulating value over time is the area’s capital growth potential.

      Look to forecasts and area analyses to ensure you buy properties in areas with good capital growth potential.

      Keep an eye on the Savills Residential Market Forecast to see how your region is predicted to perform over the next five years.

      For example, the most recent Savills forecast suggests that the UK will see capital growth of 21.6%, while the North West and the North East will see greater growth than that. As such, you may want to focus your property portfolio on those areas. That way, when you come to sell your property, it will potentially grow in price more than properties in other regions.

      Further Reading: Check out our guide to house price predictions for the next 5 years for more information!

      Want a £5k Discount on Your Property Purchase in October?

      Enquire now to get your exclusive £5,000 discount code, available only on property purchases made in October. Don't miss this fantastic offer!

        Property-regeneration2

        Look for Properties in Areas on the Brink of Regeneration

        As a buy-to-let investor, you may rule out properties in specific areas because the average property price is too high. One thing you should look for is areas on the brink of regeneration.

        Look at the Baltic Triangle in Liverpool as an example. Twenty years ago, that area was a collection of unused warehouses. Thanks to ongoing regeneration efforts, it has become one of the coolest neighbourhoods in the world (per Time Out) and attracts businesses, start-ups, and—most importantly—tenants who want to be a part of a hip and vibrant community.

        With further regeneration plans – a new train station, community park, and a host of stunning residential developments – to boost the area further, areas like this will help your property skyrocket in value.

        Meet West One Manchester - Stylish Units and Luxury Facilities in a Modern New Salford Development

        Don't miss the chance to invest in our latest Manchester development, offering 6% projected NET returns and excellent capital growth!

        Off-Plan Property

        Consider Buying Properties Off-Plan for Quick Capital Appreciation

        Off-plan property investment has the potential to see significant appreciation before completion. Investors can secure these properties at lower prices during the planning or construction phase.

        As the development progresses, demand often increases, driving up prices. Additionally, off-plan properties may benefit from market growth, improvements in infrastructure, and regeneration efforts surrounding the development.

        This combination of factors can result in substantial capital appreciation for investors.

        Learn the Key Reasons Why You Should Invest in Liverpool in 2024

        Download a FREE copy of our Liverpool property investment guide and discover more about one of the UK's top buy to let areas!

        Why Should You Invest in 2024?

        For many buy-to-let investors, 2023 was a year to forget. Rising inflation and interest rates caused many landlords to put their plans on the back burner.

        However, 2024 could represent a change in fortunes, with rising buyer demand and property prices.

        In addition, mortgage rates are more affordable than they were through large parts of 2023, and property prices stagnated slightly, according to the most recent Halifax House Price Index. Those figures showed a -1.0% decline from February to March, ending a series of price rises in 2024.

        This suggests that good-value properties are still available in the property market. A recent study also showed that rents will continue to soar for the next three years. This could mean strong yields on more affordable investments in 2024 for buy-to-let investors.

        To learn more about UK property investment, check out some of our recent buy-to-let guides:

        Avatar photo
        Author

        Dale Barham

        LinkedIn Logo

        Dale is a property news and onsite content writer at RWinvest.

        Want to Get in Touch?

        Fill in the form to contact us today and a member of our award-winning property team will be in touch to help.

          It will be my third investment apartment with RW Invest and I cannot recommend them highly enough. Sean Orrett and Chloe Walker really do go the extra mile. Chloe in particular helped me through a particularly hard time with solicitors and all the paperwork that was involved. Living in a different country and negotiating all the nuances that come with investing, she negotiated with ease and gusto. A big thanks to you both.

          Margaret Wiele

          Daniel Stewart, has assisted me every step of the way. This is my first property purchase and so took Daniel up on his offer to guide me through every step no matter how small. I felt comforted to have his assistance in documents I needed to both understand and sign. Couldn't be happier with the help and customer care I have received so far.

          Nathan Saxon

          We highly recommend RW Invest to anyone looking for an experienced, reliable and knowledgeable professional company.
          We are more than delighted with their services throughout the entire process. They provided us with extremely helpful advice and guidance every step of the way and ensured that we understood all aspects involved in securing a property through them.

          Stephanie Chidlow

          Chloe is very helpful. She has been a great help and solved all the difficulties I had with the purchase. I am happy she was there to help with the process. Very approachable and responsible.

          Muhammad Atif

          This was my second unit purchase with RWinvest, and I found the team to be very helpful in finding the best deal which suited my needs and budget. Arjun Surana, Adam Burns were really processional in answering all questions, Excellent follow up and ensures your property purchase are smooth from the start to end and supporting throughout the purchase/exchange of contract process.
          I highly recommend anyone to purchase their property with RWinvest.

          Dhote

          Arrow left
          Arrow right
          Disclaimer Image
          Landlord News, Market & Investment Trends, UK