Investment strategy
Buy to Let
Single-let residential property held for rental income and long-term ownership.
What buy to let means
A standard buy to let is a house or flat let to one household on a single tenancy. It is the most straightforward way to hold residential property and usually the starting point for investors building a portfolio in Greater Manchester.
Who it may suit
Investors who want a relatively hands-off holding, a predictable single rent, and a property that is simple to finance, manage and later sell.
What Westwood looks for
- Areas with consistent tenant demand rather than seasonal or single-employer demand
- Sensible price to rent ratios at the local level, not the regional average
- Properties that need little or no work before letting, unless the client wants a project
- Layouts and tenures that mainstream lenders are comfortable with
Key considerations
- Void periods, management costs and maintenance all reduce the headline yield
- Mortgage rates and stress testing affect what a property will actually support
- Leasehold flats carry service charge and ground rent obligations
How we present the numbers
- Gross yield is calculated as annual rent divided by total purchase cost
- Net yield allows for management, maintenance, insurance and void assumptions
All figures are estimates prepared from local evidence and are subject to your own due diligence, survey and valuation. We do not guarantee returns and we do not provide financial, tax, legal or investment advice.
Where we source this strategy
Other strategies
Compare this against the alternatives.
Most portfolios end up using more than one approach. We will be straight with you about which fits your position now.
Speak to Westwood
Looking for your next property investment?
Tell us what you are trying to achieve and we will tell you honestly whether we can help, and what we would look for on your behalf.