Investment Property in Plymouth

Investment Real Estate in Plymouth

Plymouth property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Plymouth .

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Search Map of Plymouth Investment Real Estate

Plymouth () is a large port city in South West England. It is located on the south coast of Devon, approximately 37 miles (60 km) south-west of Exeter and 190 miles (310 km) west-south-west of London. It is bordered by Cornwall to the south-West.

Plymouth’s early history extends to the Bronze Age when a first settlement emerged at Mount Batten. This settlement continued as a trading post for the Roman Empire, until it was surpassed by the more prosperous village of Sutton founded in the ninth century, now called Plymouth. In 1620, the Pilgrim Fathers departed Plymouth for the New World and established Plymouth Colony, the second English settlement in what is now the United States of America. During the English Civil War, the town was held by the Parliamentarians and was besieged between 1642 and 1646.

Throughout the Industrial Revolution, Plymouth grew as a commercial shipping port, handling imports and passengers from the Americas, and exporting local minerals (tin, copper, lime, china clay and arsenic). The neighbouring town of Devonport became strategically important to the Royal Navy for its shipyards and dockyards. In 1914, three neighbouring independent towns, viz. the county borough of Plymouth, the County Borough of Devonport, and the urban district of East Stonehouse were merged, becoming the County Borough of Plymouth. In 1928, it achieved city status. During World War II, due to the city’s naval importance, the German military targeted and partially destroyed the city by bombing, an act known as the Plymouth Blitz. After the war, the city centre was completely rebuilt. Subsequent expansion led to the incorporation of Plympton, Plymstock, and other outlying suburbs, in 1967.

The city is home to 262,100 (mid-2019 est.) people, making it the 30th-most populous built-up area in the United Kingdom and the second-largest city in the South West, after Bristol. It is governed locally by Plymouth City Council and is represented nationally by three MPs. Plymouth’s economy remains strongly influenced by shipbuilding and seafaring but has tended toward a service economy since the 1990s. It has ferry links to Brittany (Roscoff and St Malo) and to Spain (Santander). It has the largest operational naval base in Western Europe, HMNB Devonport, and is home to the University of Plymouth.

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The financial stability of Plymouth has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Plymouth

Renting out your Plymouth buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Plymouth are – preparation is key.

Set goals based on how much rental yield will be required and the local rental yield rates in Plymouth and be prepared to change your initial outlook.
Thoroughly research the Plymouth location with a special emphasis on fringe areas outside the main Plymouth metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Plymouth.
Ensure that your target investment property in Plymouth appeals to professionals. This is a demographic that ensures maximum income and low voids.
Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
You may think that managing your Plymouth properties yourself is an easy option, but are these savings justifiable when you run into Plymouth red tape? Physis Realty Plymouth office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Plymouth buy-to-rent sector.

With our expert guidance, investing in Plymouth provides the secure knowledge that your money is working harder than it would in a local Plymouth bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Plymouth, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Plymouth property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Plymouth

Flipping property in Plymouth

Flipping property is when we advise clients to buy a Plymouth property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Plymouth market has a time to react to the renovation.

The Flipping Strategy in Plymouth

Investment property flipping in Plymouth is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Plymouth real estate investments are sometimes referred to by professionals as ‘distressed’ Plymouth real estate.

What is distressed Plymouth property:

Plymouth property in need of renovation
Plymouth real estate with a change of purpose and use
Oversold Plymouth property
Bank repossessions in Plymouth

Put simply, long term investors in Plymouth purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Plymouth investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Plymouth property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Plymouth use a minimum profit value of 22% when looking at potential Plymouth projects. The reason for this is because there are lots that can go wrong in Plymouth property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Plymouth

For luxury property investors hoping to add a superb property in Plymouth to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Plymouth, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Plymouth should be entrusted to only the highest-quality agency.

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