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How deeply do you research local amenities when looking at property investments?

N

nmb

Well-Known Member
A recent report suggested that living next to for example a Waitrose supermarket could potentially add £38,000 to the value of your property while living next to an Aldi might add only £1333. How much notice do you take of the local amenities when looking at the property investment?
 
L

lookinginvest

Member
Local amenities are an important element of any property investment. As well as investing in property you are also investing in your immediate surroundings.
 
P

PostBrexitInvestor

Member
It is important to know what the local area and the local economy has to offer because buoyant property markets need buoyant economies. This ensures there is long-term demand for property in the region and should eventually push prices higher. Those a little more adventurous can try and forecast up-and-coming areas but there is still great milage in picking traditional areas and timing your purchases.
 
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