8 Adjectives for a Covetable Commercial Property for Sale

commercial for saleWhat makes a worthwhile and valuable commercial property for sale? Which characteristics would make it highly covetable that it gets snatched up by buyers in a split second?

Prime assets and investments do not stay in the market for long. A smart investor knows not to let an opportunity pass by so expect competition and high demand for these. But how exactly do we know which ones are worth the trouble? We’ve asked the experts and here are 8 adjectives to sum them up.

  1. Strategic – We’re talking business here so the asset needs to serve not just a purpose but also add value to the goal. That means it needs to have high foot traffic, is in close proximity to complementary establishments and is smartly situated which brings us to our next adjective.
  2. Convenient – Location-wise, it has to be convenient. It should be easy to find and is accessible both through public transportation and private vehicles and this applies not only to customers and prospect clients but also to employees and suppliers as well.
  3. Spacious – A commercial space needs to have adequate space. The dimensions can vary depending on an entity’s needs and use for the property. Regardless, it should allow for ease in movement, governed by ergonomics and allows for ample storage.
  4. Valuable – Finance-wise, a commercial property for sale should be valuable not only at the point of purchase but throughout its useful life. This means that it stays functional, of course with proper maintenance. Choose those with promising appreciation potential as well. It’s an investment after all and we’d prefer if it grows instead of depreciates.
  5. Affordable – We don’t mean cheap because a covetable commercial property for sale isn’t given out for free. Affordability here means reasonability in price as well as a low ongoing cost.
  6. Buildable – A flexible asset which allows for renovations and tweaks is highly covetable. Its ability to transform and be altered to fit growing functions and purpose makes it versatile and thus cost-effective and efficient.
  7. Safe – There are a lot of assets to safeguard and this does not only pertain to office equipment, inventory or furniture but to people too.
  8. Durable – A commercial property for sale should also be durable. There’s no point to investing something that won’t last. Perhaps real estate assets don’t last forever but the good ones can withstand through considerable amount of time and with proper maintenance even more.


Posted in commercial property

UK Property Investment: Tips Before an Open House

An open house is one of the oldest marketing tricks in the book. It’s not always what attracts buyers first but it’s one that will eventually happen at some point in the transaction prior to closing a UK property investment deal.

In its simplest definition, an open house is as literal as it gets. The asset is open to everyone who wants to check it out for purchase. Because people will want to see the property for themselves first before committing to a decision, it has become very crucial in hastening, let alone making a sale happen.

So for today’s topic, we’re sharing some tips on what to do before one so that your property investment UK sells out fast and for a good price.

Depersonalize the space. Clean the property not just of dirt and grime and dust but also of things that serve as a reminder of the previous tenants. We want to welcome the new owners in and it would be difficult to do that if the investment still feels like it’s owned by someone else. We need to create the right aura and this is how to start.

Perform repair and maintenance. Make sure that the asset is at its best shape. No buyer will want a property that screams work and all the more if it looks dilapidated.

Replace old and worn out fixtures. Why? Refer to the previous bullet point.

Add a fresh coat of paint. It’s the cheapest task and one that has quite the massive impact. White is the safest of choices because it appeals to everyone regardless of age or gender. It also helps elongate the space making it appear bigger and brighter than it actually is.

Manicure the garden. Mow the lawn too. We want every inch of the space to look as sterling as possible and considering how much impact the exteriors have on the overall impression of an investment, one should never forget the garden, the lawn, and the garage.

Make an entrance. First impressions count and one of the first things buyers see would be the entryway and the façade. Make sure to clean up the exterior of the property and prep it just as you would the interior. Repaint the front doors or replace the old dingy lamps.

Do some staging. This is one way to make the space look both livable and brand new. It suggests to buyers what can be done and how much potential the UK property investment has.


Posted in investment property

How to Make a Property Investment Kid-Friendly

space for kidsThere’s a lot to consider when creating and designing for a home. For couples or families who live with children or even toddlers and babies, it is important to keep the space safe for the little ones. More than aesthetic, there has to be function and ergonomics. But how exactly do we make a property investment kid-friendly? We turned in to the experts and here’s what they had to say.

  • Storage matters.

Aside from keeping clutter away and removing eye sores, storage helps keep important stuff and breakables away from easy reach. But it is also important to build and invest in storage units that are primarily geared for kids so they too have somewhere to place their stuff when not in use.

  • Create the right type of distractions.

If you want those toddlers to stay away from certain objects or parts of the house, a great trick used by designers would be distractions. This means that specific items that interest a kid shall be placed in strategic areas around the house. It’s not completely fool-proof but it’s fun and it works in more ways than one.

  • Designate space for the kids.

The reason why nurseries and play pens are a great investment is because they designate room for the child or the children in the house. This keeps not just their stuff but also them contained in an area so they are less likely to barge into your office and break stuff.

  • Get rid of blunt and sharp objects.

Accidents happen and with babies and toddlers, they’re not exempt from getting bruises or pokes as they hit certain spots or fall off from trying to walk or crawl. To avoid any serious harm or injury, avoid furniture and appliances with lots of sharp corners. If it can’t be helped, buy rubber corner and edge guards.

  • Invest in all things durable.

Kids aren’t going to be the most gentle of people and expect them to throw, pull, pinch and drag some stuff around. To make the most out of your buck and to also prevent harm to them because of easily damaged furniture, make sure to always uphold quality in your purchases.

  • Say yes to clear museum gel.

A property investment with kids needs to have a supply of clear museum gel round the clock. This product is a removable adhesive used under glassware, crystals, vases and other fragile items that have risks of toppling over and breaking. What’s great about it is that it’s non-toxic, removable and reusable too.

Posted in real estate

Property Auctions: Go Big or Go Home?

House for auctionA property auction is a form of intense and accelerated real estate marketing method that involves the sale of any property (residential, commercial and industrial) through an open cry competitive bidding process. It’s very engaging and will often have investors at the edge of their seats.

But the charm of an auction lies in the fact that it allows buyers access to two major benefits. First, they receive equal opportunity on a highly coveted piece of real estate alongside other interested investors. It’s no longer a duel of time on whoever gets to discover the asset first and place a down payment. Second, it makes it possible to acquire properties at a price lesser than their fair market value or if they had been sold in the market by traditional means.

That second benefit is where our discussion focuses today. You see, many people think that in order to win at auctions one has to bid the highest. That’s true to a degree because at the end of the day, the sale shall be awarded to the highest participating bidder in the room.

But this is where we beg to disagree. The highest bidder isn’t always the winner. Just because you went big doesn’t mean you’re bringing home the bacon. Sometimes, it becomes a burden on its own.

Now you’re confused. How can that be? There’s more to property auctions than meets the eye. Investors need to be wise, very wise actually. These are after all still sales only in a more heated and exciting process. It pumps out adrenaline which makes it easier to be overwhelmed.

A lot of participants, often newbies, tend to let emotions drive their transactions. This can be financially lethal for obvious reasons. For starters, one might get swept in a bidding war and acquire a real estate asset for far larger than what it is actually worth. You may have won the bid but in terms of investment you lost big time. Second of all, one might bid for far larger than what one’s financial capacity can handle. See what we mean?

What’s our point? The saying “go big or go home” does not apply to property auctions. In order to win, there are a lot of factors to consider. It’s not just about being the highest or the biggest or the fastest. It takes skill, caution, preparation and a great eye.

Find out more at singerviellesales.com.

Posted in Property auction Tagged with: , ,

Do’s and Don’ts to Residential Property Investment Leasing

residentialinvestmentRenting a residential property investment may no longer be new but a lot of people still can’t get it right which oftentimes end in dilapidation issues, disputes, monetary penalties, evictions or worse legal battles.

To do away with the hassle and the trouble of all that, here are the do’s and don’ts when it comes to leasing. Bear this in mind and you’ll be your landlord’s favorite in a jiffy!

The Do’s

  • Understand the terms of the rental contract. – Don’t sign if there’ something you don’t understand or agree to. It’s okay to ask the landlord for clarifications or have them hear your concerns.
  • Pay on time. – You have to come up with your end of the bargain otherwise face the consequences of penalties or eviction. Know the schedule and the terms and in case there are circumstances that cannot be avoided, inform your landlord ahead of time.
  • Make repair needs known. – Don’t wait until an issue escalates. Tell your landlord immediately in case there’s a need for repair or maintenance. In the event that the rental contract contains a clause that states your responsibility in such circumstances, own up to your responsibilities.
  • Treat the property as if it were your own. – In other words, take care of it. It’s that simple.

The Don’ts

  • Trash the property. – First of all, it’s not yours. Refer to last item in the above list. This includes being discreet and not making loud, unnecessary noises or any form of nuisance to the neighborhood. Be a good tenant if not the best.
  • Redecorate without consent. – Most rentals do not allow certain renovations both for structural or aesthetic purposes. This includes things as simple as nailing on the walls. If you’re planning to, make sure that the landlord gives the consent, it’s put into writing and the lease contract is updated to protect both parties of their interests.
  • Throw away documents. – In fact, keep them all with you. They will come in handy at some point and will serve as both an information source and a wall of protection for you. They contain your rights, any agreement updates and payment receipts.
  • Forget to inquire about pets. – Not all residential property investment for lease allow for pets so before moving in, check and inquire. Do not sneak in your furry friend. There will be a penalty.


Posted in investment property Tagged with: ,

Questions to Ask Prior to Buying Property Investments for Sale

buy-propertyBefore buying property investments for sale, there are a number of questions that every investor has to ponder on. After all, these purchases are not easy. They come with a lot of responsibility and not to mention involve significant levels of financial resources. It’s not one to be taken lightly.

  1. Does it satisfy my needs?

This is very important. It would be highly unwise and silly to buy something that does not satisfy a need or a purpose. One has to carefully assess one’s needs before even looking at the available assets in the market. Establish negotiable and non-negotiable requirements too because perfect properties rarely exist and there will be characteristics that you seek which may not be available given the circumstances.

  1. How much can I and am willing to afford?

When we talk about buying assets, we can never skip the part that talks about money. It’s no secret that they cost a lot. Some may be affordable while others are crazy expensive. This makes it all the more important for investors to also assess their financial standing, capacities and limits. Find out which sources will be used, how much cash is on hand and the ceiling by which the acquisition is to conform to.

  1. How accessible is it?

A good property is one that can be easily accessible both to and from it. This applies regardless if one seeks for retail, commercial, residential or even industrial asset. Location is king and it speaks a lot in terms of value. Plus the more convenient it is in terms of transportation, the less stress one is exposed to.

  1. Is it safe enough?

Make sure to only acquire property investments that are safe and secure. This does not only apply to the neighborhood, town or city it is in but on the asset itself too. Always ask a qualified surveyor to check into the building’s condition, its structural integrity and foundation. How about the land? Is it safe enough to build on? Can you renovate and add to the asset as time goes on? Research and ask around.

  1. What are my options?

If one adds up all the factors, the choices available will fall on a certain category. See to it that before closing in on any property investments for sale, adequate research has been done. Canvass first and never jump at the first opportunity seen. Compare and get to know how the market works to truly benefit and save at the same time.

Posted in investment property

Guidelines to Buying Residential Property Investments for Sale

property-investmentsIf you’re planning to buy residential property investments for sale then you’re up for a good amount of work. These things are not your usual grocery items that you can pick and throw into your stash in a jiffy. You’ll have to be smart and you need to be cautious. Here’s a little guideline to help you get through unscathed. It’s a battlefield out there with everyone wanting the best deal.

  • Be careful of what the heart says. – Many buyers make the mistake of getting their emotions mixed up in the process. Sure, you’ll want to get a residential investment that you actually like but you must also consider what you really need and what you can afford now and in the future.
  • Get yourself pre-approved. – Fund sources and methods for an investment as huge as this will take time to process and even more to get approved and released. This is why it is wise to get yourself pre-approved. You’ll save a lot of time plus you won’t have to worry about money coming in late.
  • Have the asset surveyed. – A chartered property surveyor is a professional hired for a number of reasons but chiefly to help validate information and bring out important details about an asset that will affect your decision. For instance, they can look at any available dilapidation cases, liens and encumbrances, wall disputes or ownership issues. They can also provide an estimate of ongoing costs. Likewise, they can compute for the actual market value and depreciation. There’s building integrity and condition too, safety, appreciation potential and the list goes on.
  • Strengthen your financial score ahead of time. – If you plan to acquire in the next year or months then you have to make a conscious effort with your spending. Avoid any large purchases and even borrowings. You’ll need quite the attractive paper trail that proves your creditworthiness should you get a loan, a mortgage or something similar for the property.
  • Take a look at your surroundings. – We all know that location matters but apart from that, neighborhood will play a role too when buying residential property investments for sale. Are the neighbors cool or are they unsightly and rude? Are there any significant establishments and structures nearby like hospitals, groceries, malls, schools, transportation outlets, roads and all that? How about the crime rate? Take a survey and don’t hesitate to ask around to get a feel of things.

Learn more from this website: https://www.singerviellesales.com.

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Expert Tips in Proper Investment Property Upkeep

property maintenanceMaintenance plays a huge role in the upkeep and value preservation of any investment property. Failure to take care of this type of asset can be financially hefty. As they say, prevention is better than cure and the best way to avoid the dilemma is by practicing proper upkeep from the very beginning. Don’t worry, we’ll tell you how.

  • Always allot a budget for it. Repair and maintenance is expected every year and all throughout the life of the property. Skipping on them may seem cost efficient at first but in the long run they only lead to worse conditions. The solution is to always budget it in.
  • Check the windows for any cracks. If any, make sure to repair them immediately. Water can get into the jamb and rot the structure from the inside.
  • Check for any water leaking in your toilet. Leaks are expensive as they will shoot up your utility bills plus it can hasten the wear and tear of the bathroom floor as well as the internal workings in the structure. But this is tricky considering that the bathroom is normally wet. Here’s a tip, use food coloring. Place a few drops in the toilet tank and leave it be for a day. If you see any of it in the floors then you my friend have a leak to fix.
  • Replace washers regularly. These are the main cause of leaky faucets. They’re not as hard or expensive to replace either.
  • Never throw oil and fat-based products and food down your drain. They are one of the common causes for clogs as they tend to grease the surface of the pipes. They can be sticky too which explains why dirt and other particles will stick into your drain. If accidents happen and oil, lotion or something like it has spilled, immediately pour dishwashing liquid and quickly follow with hot water.
  • It would be best to get a strainer to keep not only the oils but also things like hair, food and other small items from falling into the drain.
  • Have your chimney or fire place cleaned at least once or twice a year. The same applies to other appliances like heaters and air conditioning units but they must be inspected and cleaned more often, monthly would be best.

If you think about it, the above investment property upkeep tips aren’t that hard or costly so why not do it?

Posted in investment property

Characteristics of a Bad Property Investment

warningYou’ve probably already researched and read tens and thousands of articles and advice regarding property investments from types to myths to requirements to financing needs to pretty much everything else but have you considered looking through the things that you should avoid?

If you haven’t then you’re in luck because we have made the following list of characteristics that define a bad property investment.

Almost or Fully Depleted – An asset is given a monetary value which shall be distributed across its years of use. Every year, a rate called depreciation shall reduce it. When one invests, it is crucial to take a look at the remaining worth of the asset. It would be silly to buy something that barely has any value left.

Awkwardly Located – A good investment is characterized by convenience in location. In other words, it is easy to reach. Transportation is present and readily available and significant establishments (e.g. schools, hospitals, grocery, etc.) surround the area. A bad investment on the other hand is completely opposite. Transportation is hard making the asset hard to go to and from. Significant establishments are far away too.

Little to No Appreciation – Depreciation is a given and it is a cost that all property investors and owners will have to deal with. However, one crucial element that must be given adequate attention to would have to be the appreciation rate, or the potential that the asset can increase in value over time given the right factors. An appraisal can be brought about by many factors a few of these will include the presence of establishments and structures within the vicinity as well as renovations and updates.

High Ongoing Costs – Some assets may appear affordable at the onset but becomes very hefty in the long run. A famous example of this would be properties that come with high ongoing costs. These pertain to repairs and maintenance expenditures necessary to keep the functionality of the space.

Ownership Cases – One of the first things to do when acquiring a real estate investment is to ensure that the person selling it has the right to its ownership or has been given the authority by someone who does. Avoid closing in on a property that has a lien or something similar on it. That is a surefire headache waiting to explode.

When you spot the following characteristics to a property investment, you’d know what to do. Run away and flee!

Posted in Uncategorized

Blunders to Avoid in Buying Commercial Property

commercial investmentWhy are you buying commercial property? Will you use it for your business or will you lease or sell it out for profit? Regardless, remember to avoid these blunders or mistakes when buying one.

  • NOT HAVING YOUR FINANCES AT THE READY – It is of no secret that a good commercial asset will not stay in the market for long. Competition is out there and every other investor or entrepreneur will only want the best for themselves. If you fail to come up with the necessary upfront costs (e.g. deposit and down payment), chances are the asset will be awarded to the next potential buyer in lie who can provide for it.
  • FAILURE TO ACKNOWLEDGE REPAIR AND MAINTENANCE COSTS – Keep in mind that there are hidden costs to acquiring a commercial property. These are those exclusive of the sum that you pay to the seller to gain ownership and transfer of title. A good example of this would be the ongoing costs otherwise known as the repair and maintenance expenses. You will be surprised that some assets will be sold for less but their upkeep is at staggering prices making them expensive in the long run. Repairs and maintenance are necessary expenditures and you cannot forego them otherwise you risk having the space go dysfunctional.
  • CHOOSING A ONE-SIDED CONVENIENT LOCATION – It is a rule of thumb for investors to choose commercial spaces that are situated in such a way that it is conveniently located to customers and one with heavy foot traffic. But what many fail to realize is that location must also be suitable for your employees. You can’t risk spending too much on transportation costs or losing great talent as well.
  • OVERPAYING FOR A DEAL – Sellers and brokers want a deal and the more profit they make out of one then the better. This makes it important for you as a buyer to be vigilant and meticulous. You have to make your research so that you will get a good idea as to whether or not certain assets are priced reasonably or not.
  • NOT ACKNOWLEDGING GROWTH – When you buy a commercial property, it is important that you take into consideration the possible growth and expansion of your business and operations. This is true in particular to those buying for purposes of use in their own business operations. You would not want to end up buying another one and moving in the coming year or the next because the space would not suffice anymore. That will be very costly on your part. Anticipate and plan.

Make sure to deal with reputable firm like Singerviellesales.com.

Posted in investment property, real estate Tagged with: , ,