The North East region is a hidden gem for investors. With its friendly and knowledgeable community, prestigious universities, and a growing appetite for innovation, it offers great potential. Major companies like Amazon and HIP are already making their mark, creating thousands of jobs.
The region also boasts excellent schools, a reliable transportation system, and strong employment hubs. With affordable entry points, it’s an attractive market for buy-to-let investments.
If you are contemplating investing in the North East, there are several factors to take into account:
Time, Experience, and Financial Resources: Evaluate whether you possess the necessary time, experience, and funds to embark on this venture. If not, it may be wise to find a reliable partner to fill any gaps.
Hands-on or Hands-off Approach: Determine whether you seek active involvement or prefer a more passive role in managing your investment. This decision will influence your overall strategy.
Financial Capacity: Assess your financial capabilities and decide whether you intend to purchase properties outright or employ a buy-refurbish-refinance (BRR) model to leverage your investments.
Funding Options: Explore all available funding options. For instance, if you operate a Limited Company, you may have the opportunity to take control of your pensions and lend money to your business.
Timeframe: Define the timeframe for your investment plans – 1 year, 3-5 years, or until retirement, establishing a clear timeline will help shape your portfolio-building strategy.
Don't overlook the North East – it's a true hidden gem.
If you want to find out more about the services we offer and our approach in the North East, then please reach out.
