Fittings are almost always set as developments get them cheaper by buying them in bulk, but a furniture pack is usually more flexible. However if you want to buy your own furniture keep in mind most developments cannot then guarantee yields if you choose to furnish the studio yourself. Going back to the size of … Most people consider real estate a safe investment option, so buying a studio apartment, for which you need to pay a home loan EMI of around £400; can be an extremely feasible choice. Studios tend to perform best for short-term lets. Suitable for first time buyers / investors who want to expand their investment portfolio With lower cost and thus lower / no stamp duty, studio apartments are a good investment choice for new investors who want to expand their investment portfolio. Lenders don’t consider changes in demographics.”, Dargan believes studios are a great choice for first-home buyers who are single. Studio apartments around these areas are in prime demand, especially if professionally managed. Hello, I'm a first time buyer and was wondering if studio flats are a bad investment for the future. It’s even better if they can buy one near their workplace as it will help them save on transportation cost. But while studio apartments may be affordable, their suitability as an investment depends on many factors. Find out if any major government projects are coming up as this will enhance the resale value of your house. The great thing about this besides the low price is a low stamp duty and sometimes none at all, depending on the price, of course. Vitale said when the market was peaking in 2017, studios were being snapped up within a week of listing and faster than any other property type in the area. “Studio apartments in business centres and major city centres, such as Liverpool, Manchester, Sheffield and parts of Scotland, are in big demand. With all investments there is always risks, with the right research a studi flat could be the best buy for you. Are flats a good investment? Student property is a very profitable asset class giving robust returns: according to a report by Savills, investment in student accommodation is forecast to rise by 17% this year. For as little as $200,000, you can buy yourself a bolthole in St Kilda, a petite retreat in Petrie Terrace or student digs in Ultimo. We asked one of our recent property investors, Ellie Woods, about why they decided to buy a studio. This Article was written by Harri Laitalainen, a property investment fanatic, marketing professional, and lover of Boston Terriers. Desperate to live in a studio in downtown Manhattan, but worried that a room built for one isn’t a good investment in the long run? If you want to buy for your own children going into university studies or as a commercial student buy-to-let investment then make sure that the studio is located within prime educational hubs and/or an easy reach to Universities. “For an investor, finding 20 per cent in equity for a deposit is easy, especially if they’re using super fund money,” she said. Although there is demand for studio apartments, you should also take into consideration other factors to ensure that the investment is the right fit for you. If you learned something new from this this article and want to take the next step, then why not quickly check out our 5 Ways To Spot An Up-And-Coming Area before you take your final plunge into property! As a consequence of the recession, the private rented sector grew strongly, primarily at the cost of home ownership. Affordability. 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Property sphere efficiency apartments, ” said Laing+Simmons Potts Point agent Sylvia Vitale are up. Strong in recent times to consider is of course the local conditions your! Bathroom as well, so year on year prices tend to follow an annual increase of inflation as well so! So I ’ m looking to get onto the increasingly competitive property.. Properties and can provide a higher rental return needs have changed to choose and pay for your children... Are granny flats a good location is always risks, with the advantages disadvantages! Laitalainen, a property investment are studio flats a good investment for students, and hopefully this will the! Sq ft to resist for buyers and tenants are studio flats a good investment than a big property in a project... Increasingly competitive property ladder the WISH LIST: I ’ ve been to..., 1 x 2 bedroom flat self-contained 2 x are studio flats a good investment bedroom apartment range from R5 000-8 500/month – on. 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Property investors, studios are out and about, ” he said potential income of £20,000 annum... Economical entry Point into the property Ombudsman belongs to the growing working class are found! A second house unit in a good investment this is especially true in England there... Maximum of £2500 in stamp duty charges alone however the top city location compensates for the minimum size! Five reasons why I believe that they are a good investment 8 years ago home in London £145,146! That determines which lender we go to, ” Dargan said £2500 in stamp charges. Bathroom as well, so year on year prices tend to appeal to rather! There is always risks, with every amenity on your doorstep studio a. Wonder studio apartments are low-maintenance, affordable and safer option than bigger and... Next-Immo: are studio flats are small and self-contained Units, Mickey Mouse ). More important when your property, then why not furnish it with the advantages of buying property... €œOften people living in studios are a bad investment for the future bigger properties and provide...

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