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According to the latest property report from property advisors Colliers International, the UK is still seen as a safe haven for property investment.

The Colliers report shows that overall property transaction levels remain fairly limited as property investors take stock.

London continues to lead the way for the UK for international property investment, however, regional markets are seeing some movement and prime rental yields are stable.

In the residential property sales market property price declines are expected to be modest in 2012 as banks and other lenders begin to push up mortgage rates.

Director of research and forecasting at Colliers International, Walter Boettcher, said: “The UK economy remains flat with GDP in the first quarter of 2012 falling by 0.2% quarter on quarter. In contrast, the weighted average of purchasing manager indices over the first quarter was 54.5 consistent with economic expansion. Retail sales volume rose 0.8% over the quarter; and unemployment improved slightly, falling from 8.4% to 8.3%. Capital markets showed few effects of the announcement. Positive news from the US and successful bond auctions in the Eurozone suggest that weak performance is accompanied by stability. The downside has already been factored in and other data sources suggest greater underlying strength. The French election has also had a very limited effect. If anything, the result has boosted safe haven property investment both in the UK and Europe”.

UK investors are facing stiff competition from foreign markets as international property investors, who are able to obtain finance, look to the UK for bargain property prices and high rental yields

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North East Investment Property 

Investment deal priced to move quickly, Don’t Delay – Call Today quoting Ref: MPPT

property solutions

Property Sourcing Specialists based in The North East

An excellent investment property which has been re-furbsihed throughout to a very high standard.  The property is located in an area which has easy access to all major routes and is within walking distance to local amenities.  The property is offered at 20% BMV and the current owner has a tenant ready to move into the property.  Here is the deal.

Purchase Price          £48,000

Market Value           £60,000

Rent                         £400pcm

Yield                        10%

For further details and photographs click here

Castledene also have a cash purchase property at £27,000 which has been fully re-furbished and would provide a yield of 16 – 20%.  The property is not located in the most popular location however based on the current LHA the minimum yield achieveable would be 16%.

If you are interested in this property or for information on any other deals that Castledene have available please do not hesitate to contact Lisa on 0191 527 4007 quoting referenceMPPT.

Castledene Property Management

Professional Property People

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