Why Build a Property Portfolio?
For many keen investors, building a property portfolio
Why Build a Property Portfolio?For many keen investors, building a property portfolio is a significant step in securing further passive income. Having proved an increasingly popular option in line with market growth, property portfolios are a key feature in the repertoire of investors across the UK, with approximately 40% of landlords owning between two and four properties (31% of the private rental sector), and 17% owning more than five.
This popularity is not unwarranted. Building a property portfolio allows investors to take further advantage of significant demand, and long-term capital growth, while whilst offering the opportunity to establish multiple regular cash flow sources. This notably reduces the risk of total void periods – proving hugely financially beneficial in contrast to a single investment.
In addition to the above, establishing an extended property portfolio provides great opportunity for diversification within the residential class, and, of course, offers investors a truly passive source of income when curated effectively.
Contact Prosperity Property North Ltd property investment consultants to discover the true potential of a professionally-built portfolio.