Diversify your investment portfolio
If you’re looking to ensure that your investment strategy is strong, then it’s essential to diversify your assets. Diversification within your investment portfolio means that the risk you carry within investments is lessened. It stops you from putting all your money into one opportunity, and potentially losing it all if the worst were to happen.
Property can be a strong investment opportunity for investors, especially in hotspots or developing communities around the UK. Cambridge was recently named one of the top places in the UK, outside of London, to invest in property, therefore opportunity is on the doorstep.
With a new railway station planned from 2017, over 100 companies in the city and an abundant student population, Cambridge, and the surrounding areas are ripe for savvy property investors. Of any location in Britain, houses in Cambridge spend the shortest time on the market, an average of 27 days, against a national average of 65. Property prices in the region have seen a rise, a huge 20% in the last year alone, perfect for those investors looking to develop and sell-on in the area.
With an increasing number of people choosing to rent rather than buy, you can look to diversify your investments even further, perhaps buying a property for development, as well as a property to rent.
Get in touch
Here at Morris Armitage we pride ourselves on being the agency of choice for those who require a high-quality service that will get them the home, or investment of their choosing. We’re specialists within the region and can help you with your property search, as well as helping with investment opportunities. For more information get in touch here.