Our Edinburgh property investment service is available for buy to let enthusiasts looking to make their first foray into property investment through to portfolio landlords looking to add good quality properties to their growing portfolios. We get such a buzz helping investors secure great properties as it's a chance to pull together all of our experience and contacts. It's definitely one of most fun and exciting parts of working in the property world.
We offer investors a clear Fixed Price investment sourcing service where our award-winning team source fantastic investment properties. We charge an investment sourcing fee of £995+VAT for each property we source, £295+VAT of which is payable upfront and the remainder on completion of each purchase.
Based on each investor's individual circumstances we provide a recommended investment strategy, focusing our searches on some key areas of Edinburgh. We then source and recommend appropriate Edinburgh property investment options to be offered on until an offer is accepted, before liaising closely with all other parties in the run up to the property completion date when it's over to our letting and property management team (often via our maintenance team to get the property up to tenant able standard).
Here's a breakdown of our Edinburgh property investment service.
We’re experts in sourcing Edinburgh property investments with over 14 years renting and managing Edinburgh buy to let property. Our award winning team has a thorough knowledge of the Edinburgh property market and we love helping investors achieve their property investment goals, joining the dots of Edinburgh property investment, sourcing fantastic properties then passing these over to our lettings team (often via our maintenance team) to rent then manage.
Our unique fixed price service allows us to confidently go out there and find investment options which suit investors criteria. We keep things simple; working hard to search, inspect and report on investment opportunities until the secure the right Edinburgh property investment is secured. This straightforward service has worked well for many happy Umega investors as you can see by looking at our reviews on Google. Ourprofessionally qualified investment team have years of experience sourcing and purchasing investment properties so are well connected in Edinburgh with solicitors, tax advisors, developers, furniture suppliers, tradesmen and within property circles; well placed to find some fantastic investment options.
If a property needs work to get it up to a tenantable condition, this can be taken care of by our project management and maintenance team who look after everything before passing the property over to the lettings team to rent and manage. We charge a 10%+VAT project management fee for any refurbishment work carried out.
Edinburgh is the best place to invest in residential property in the UK with fantastic capital and rental growth prospects over the next 5 years and beyond. Read more about Edinburgh as a property investment option in our blog.
Here are some examples of some Edinburgh property investments we have secured to give you a taste of what we do and how we could help you fulfil your investment goals.
We sourced this 3 bedroom property in prime student territory during the summer of 2013 then spent £5,000 carrying out some minor upgrades and converting the property into a 4 bedroom HMO property. The property initially let for £1,750pcm and now rents for £2,100pcm which, based on the initial purchase price is a gross yield of 8.5%. The 2017 value of this property is c £380,000 so that’s capital growth of £85,000 in 4 years (that’s not to mention how much higher over the valuation a buyer would pay to get their hands on such a prime property).
We were approached by a client with access to around £500,000 to spend and managed to source him 2 properties off-market and 2 great deals on the open market over a 3 month period. The two Hawkhill Close properties were purchased off-market, both well below valuation and one already tenanted. We carried out some minor refurbishment of each property and increased the rent of both to £800pcm. We also secured a fantastic 1 bedroom property in the popular Polwarth area (with property values benefitting from the regeneration of the Brewery sites along the Union Canal) and another 1 bedroom flat close to our client’s home in South-West Edinburgh. These 4 properties are the start of a fantastic portfolio!
We were tasked with finding a family home for an overseas client who wanted to buy a property for his own future personal use but to be let out for the next year before he returned to the UK. We spent 6 months searching off-market and on the open market for a suitable property and were delighted to secure this cracker of a property overlooking the Firth of Forth.
After a couple of months searching for a property for our client we were introduced to this fantastic 1 bedroom, off-market, property. The property was tenanted (£625pcm with scope to immediately increase the rent to £675pcm) and fully furnished. We expect property values in this part of Edinburgh to benefit from the huge redevelopment of Edinburgh St james and so our client is excited to have a property in the heart of this future action!
We sourced this fantastic 1 bedroom property in the handy Slateford area. The property was in need of various upgrading so the Umega maintenance team carried out a full rewire, decoration throughout, installed Gas Central Heating and installed a new kitchen. The valuation when purchased was £115,000 and with all the work that has been carried out we expect the new valuation to be around the £130,000 mark.
If you’re interested in instructing Umega to source a great investment property for you or would like to have an informal chat about all things Edinburgh investments please complete this form and we can arrange a time to meet or to chat on the phone or over email.
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