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The biggest reason why you should be doing local research before investing in a new area.⁠

  • itsimplecap
  • Jan 27, 2020
  • 1 min read

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The location of your property is a crucial driver behind how successful your investment will turn out to be. But, it can be tricky to predict the future of a prospective area.⁠ One of the most powerful tools I use to determine if a particular area has the right potential to invest in, is the local authority’s website and this is free! The local authority website has a ton of information. Look out for the most important tool – the development scheme plan which every local authority has. This provides a great insight into the future development potential of an area, where money is being spent and which are the priority areas for the local authority. I always check this before investing in an area, as any future regeneration will positively impact my investments.⁠

 
 
 

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