Last week on the blog I looked at Capital Growth of property in Melton Mowbray, but the capital growth a town can hope to achieve is reliant on the Melton Borough being a desirable place to live over the next 20 years.
This is where we rely on the Melton Borough Council delivering a well thought out plan for the Borough that considers the needs of the families in the town and also employers.
One great thing about Melton Borough Council is the availability of information. Reading through the plan it is clear they are seeking to improve –
- Traffic flow
- Housing that will appeal to first time buyers and young families in Melton.
Both
of these improvements will encourage investment from employers through a good
pool of appropriately skilled work force and ease of movement to major road
networks.
You can read the draft plan at www.meltonplan.co.uk The plan is currently at draft plan stage and completion for adoption by the council is 2018. This is when we hope to see investment in the form of new developments and roads that will help the town to thrive in a sustainable way for the growing population.
Property investment should be carefully considered to include the potential future plans of an area. Good levels of capital growth cannot be achieved unless an investor has thought through how the town could look in 20 years time - when they may be considering selling their property. If it's yield you are after the considerations are different.
I regularly meet with people looking to invest and each person has a different aim for their potential investment. We have an honest discussion around the pro's and con's of any property - call me to arrange a meeting or pop into our office on Burton Street. It is important for us that our landlords make the right investment.
You can read the draft plan at www.meltonplan.co.uk The plan is currently at draft plan stage and completion for adoption by the council is 2018. This is when we hope to see investment in the form of new developments and roads that will help the town to thrive in a sustainable way for the growing population.
Property investment should be carefully considered to include the potential future plans of an area. Good levels of capital growth cannot be achieved unless an investor has thought through how the town could look in 20 years time - when they may be considering selling their property. If it's yield you are after the considerations are different.
I regularly meet with people looking to invest and each person has a different aim for their potential investment. We have an honest discussion around the pro's and con's of any property - call me to arrange a meeting or pop into our office on Burton Street. It is important for us that our landlords make the right investment.
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