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5 Tips when Buying Investment Property in Manchester

5 tips when buying investment property in Manchester

Before you start looking for investment property in Manchester, it's important to do your research and have a clear idea of what you're looking for.

If you're thinking of buying investment property in Manchester, there are a few things you need to consider before making your purchase.

From doing your research to getting a mortgage pre-approval, these tips will help you find the right investment property for your needs and make sure you get a good return on your investment.

1.      Do your research

Before you start looking for investment property in Manchester, it's important to do your research and have a clear idea of what you're looking for. Consider the location, type of property and price range that you're interested in. This will help you narrow down your search and make the process of finding the right investment property much easier.

2.      Work with a reputable estate agent

When you're ready to start looking for your investment property, make sure you work with reputable estate agents in Manchester who know the city well. They will be able to show you a range of properties that meet your investment criteria and can help you find the perfect investment property for your needs. The team at Bergins have years of experience in helping investors source and make a success of their investment – we currently look after property worth more than £20million for our clients!

3.      Consider the future potential of the property

When you're considering Manchester’s investment properties, it's important to think about their future potential. For example, what are the plans for development in the area? Is the property located in a desirable neighbourhood? These are all factors that can affect the future value of your investment property. You might also be keen on investing close to Manchester Airport where lots of redevelopment has taken place – and in the surrounding area. That means places like Wythenshawe are worth a closer look.

4.      Get a mortgage pre-approval

Before you start looking at properties for sale in Manchester, it's a good idea to get a mortgage pre-approval - if you aren't a cash buyer. This will give you an indication of how much you can borrow and will make the process of buying an investment property much easier.

5.      Have realistic expectations

Investment properties can be a great investment, but it's important to have realistic expectations about the potential return on investment. Don't expect to make a fortune overnight - investment properties take time to appreciate in value. This will be the capital gain that you enjoy. However, if you are patient and choose the right property, you can make a healthy return on your investment.

Looking for investment property in Manchester

If you're looking for investment property in Manchester, make sure to contact Bergins estate agents. We can help you find the perfect property for your needs and investment criteria. Call us today on 0161 945 6937 to get started!

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3 bedroom semi-detached house To Let in Manchester - Property photograph.
3 bedroom semi-detached house To Let in Manchester - Property photograph.
3 bedroom semi-detached house To Let in Manchester - Property photograph.

267 Woodfield, Manchester, M22

Fixed price £1,100 P.C.M
View details about 3 bedroom semi-detached house To Let in Manchester New

Dear Tony and Mike Guys I just wanted to drop you a line to say a big thank you for all you have done to help me with the sale of my home.After trying to sell my house for a year with other agents and getting nowhere, you sold it after only three days at the asking price.You called me when you said you would.You answered all my questions and went beyond what I would of expected. A brilliant brilliant service I can't thank you enough. I wish you both the very best for the future 

David Sydenham

Dear Tony and Mike I just had to write to say thank you once again for everything you have done for us. The thought of having to sell my late fathers house was filling me with absolute dread, having never bought or sold a property before I didn't know where to start. From the moment I met you though I felt completely at ease, you took all the stress and worry away and within 24 hours the house had been sold and you had arranged a lovely solicitor to take care of the legal side. I'm still amazed at how smoothly everything was, especially as I have 3 siblings who were also involved in the process. I keep seeing houses that have been on the market for a while and I want to knock and say, "get in touch with Tony and Mike at Bergins, they'll soon have your house sold". Thank you again guys for everything, you run a top class business

Jane Busby

Dear Tony and the Staff of Bergin’s, On behalf of my sisters and myself I would like to thank you all for your advice, and support with regard to the sale of our late parent’s house. You took all the strain from us at a very sad time in our lives. We all would recommend you and your company to anyone. Kind Regard and wishing you every success in the future.

Gill Robinson, Valerie McCarthy, Christine Scanlon

Dear Tony Mike and Anna Thanks so much for all your hardwork getting my house sold ! Your efficiency is second to none and it was great to be able to sell my house without the usual "estate agents" headaches!

Helen M

I am so glad I chose Bergins to sell my property and I am extremely impressed with the service that they provided.. They were informative, punctual,professional and really friendly.They were happy to deal with all of the viewings and when the sale was agreed acted in a swift and efficient manner.

Andrew Bowcock
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