Looking to invest in Harrogate property? Find out how to source, survey and manage your let.

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Posted on Monday, July 17, 2017

Looking to invest in Harrogate property? Find out how to source, survey and manage your let.

If you’re looking to invest in Harrogate property your top priorities are likely to be: 

  1. Sourcing a list of suitable homes to view;
  2. Talking to a local agent to find out whether your shortlist offers value for money in the Harrogate market;
  3. Arranging a detailed building survey to uncover any potential risks to your investment - and opportunities to negotiate a lower price;
  4. Finding a tenant and managing the let.

FSS is the only agent in the Harrogate area to be able to help with every aspect of property purchasing and management – including carrying out full and detailed property surveys. Other agents in Harrogate regularly refer survey work to our in-house professionally qualified surveyors and RICS regulated valuers.

 Case study

We recently advised a client who was looking for a letting investment in Harrogate. We worked with him over several months to source suitable properties which were being offered for sale by ourselves and other Harrogate estate agents. Our auction team also kept a close eye out for properties which were being offered at our regular Harrogate property auctions. 

With our advice and support, the client eventually found the ideal property and instructed us to carry out a full building survey on the property, with photographs and a detailed analysis of the building and any structural considerations. Our client trusted us to go through the property with a fine tooth comb to highlight any issues, their severity and the cost of remedial works.

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The client highlighted a number of cracks, both internal and external, which were causing him concern although these were picked up and thoroughly investigated during the survey process in any event.

On completion of the survey we were able to help the client renegotiate on price before commencing refurbishment. Once the work was completed, as Harrogate’s biggest lettings agent we were then able to help him market the property effectively to achieve the best possible rental income. We continue to manage the property on our client’s behalf.

This is an excellent example of how our expertise across five areas of property specialism – residential sales, lettings, commercial, auctions and surveys – allows us to offer property investors a complete and unrivalled service. 

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