Click me
Transcribed

Top Property Development Strategies

ProAktive www.selfbuildinsure.co.uk Top Property Development Strategies Choosing a strategy for your property development can be difficult. You have to consider factors such as risk, cost, profit, mortgages and location. In this infographic we take a look at a few property development strategies. Holiday Lets FOR RENT Developing property for the purpose of renting out to people for holidays can be a great strategy. Holiday lets are rented out on a short term basis and are usually situated in popular holiday locations. These properties can make great rental income depending on the location and quality of the property but it can be more work maintaining and marketing a holiday let property. Holiday lets may also be empty for long periods of time if the area in which it is situated has an off season such as seaside towns. Light Industrial Buildings These are industrial buildings located in residential areas. Many property developers are choosing these buildings as their next projects due to the fact they are close to other homes, they look unique and they often have structural features that make them perfect for converting into flats. Developing a light industrial building can work out a lot cheaper and easier than developing a new build from scratch. HMO HMO stands for house of multiple occupancy. This is when a property is rented out to multiple tenants who share facilities such as bathrooms and kitchens. HMOS are often a popular choice as you can easily convert a building into a property with income from multiple tenants. This provides extra security and income but it does mean that more management is involved with the property. ProAktive Self Build Developer ProAktive has been providing market leading insurance products for over 30 years. We are backed by Aviva, one of the world's largest insurers. In addition to our specialised self build developer insurance, we are sure you'll appreciate our swift handling of claims, easy-to-read documentation and helpful customer service. To find out more information please visit: www.selfbuildinsure.co.uk/developer-insurance ProAktive Doncaster: 01302 346 831 | Follow us www.selfbuildinsure.co.uk

Top Property Development Strategies

shared by ObjectiveCreative on Mar 04
0 views
0 shares
0 comments
Choosing a strategy for your property development can be difficult. You have to consider factors such as risk, cost, profit, mortgages and location. In this infographic we take a look at a few propert...

Tags

None.

Category

Other
Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy

For wordpress.com:

Click the code to copy
Customize size