There's still money to be made from property, despite next year's stamp duty rises for first-time buyers and the flurry of higher costs for private landlords. But to make the most, you need to choose the right type of property in the right place at the right time.
Finally, there's just so much variation - property investments include buy to let, holiday lets, renovations, or predicting the next hotspot. But which offers the best returns? We've spoken to estate agents and property experts to bring you the top opportunities out there . Five years from now? £950,000 - and even if you sell it straight after renovating you would get £850,000 suggests the agent.
On the market: This three-bedroom terraced house has had some work undertaken but more may be required if used as a home or buy-to-let . UP AND COMING HOTSPOT This two-bedroom cottage comes with a private rear garden and quiet village setting, plus countryside views But buy to let is heavily regulated, so it's key to check whether the property is being sold because of problems that may make future rentals difficult: for example a poor Energy Performance Certificate rating, failed gas or electricity safety checks, or whether agreements between the old landlord and the tenant may tie the hands of the buyer in future.
Five years from now? Outbuildings converted into homes could sell for £300,000 each or be used for holiday lets, and the main house up to £850,000. On the market: This large ground floor property in Exeter, Devon, has a basement and is set in a residential area with many properties for rent as Homes in Multiple Occupation. The former shop could be converted into two flats, subject to planning .
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