The Best Retirement Investments Are Fully-Managed Properties

best retirement investments

In this article, we will be going over the advantages of investing in a fully-managed property and why they are the best retirement investments for those who want to save by earning a stable, passive income.

The UK’s ageing population is a result of people living longer due to advancements in medicine and technology so with the rapid growth in numbers of the UK’s over 65’s and those approaching retirement age, it is not a surprise that for most people the number one thought when thinking about retirement is money worries. An astonishing 1 in 3 UK retirees will only have state pension to rely on for retirement funding.

A report by the Financial Conduct Authority found that around 15 million people in the UK have no pension savings and are at risk of facing a bleak financial future in retirement. The same study carried out on 13,000 consumers (the largest of it’s kind) also found that 31% of UK adults have no private pension provision and will be forced to rely on the state during retirement. This shocking statistic concludes that those in the UK aged over 50 are the most at risk of having a bleak financial future in retirement.

The state and private pensions are not the only methods of saving for retirement. You can use alternatives such as investments to earn a passive income in order to save for retirement, so you don’t have to rely solely on your pension pot.

At Sterling Woodrow, many of our clients are concerned with their retirement and use our property investments as a great way to earn and save without giving up their precious time. Our method of investing is ideal for retirees who want to build up a money pot for retirement in the short-term. Our property investments are managed with assured rental returns over 3-5 years. This shorter term is ideal for the flexibility needed when saving for retirement.

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The Advantages Of Fully-Managed Property Investment For Retirement

The full state pension in 2018 is 164.35 per week. If you invest in one of our student accommodation or buy-to-let investments, you can receive a passive income from rent without the hassle of managing the property.

Here are some advantages of property investment for retirement:

Time-saving

A fully-managed investment means that no work is required from the investor. The developer will have a professional management company oversee all the landlord and property maintenance duties. This means that once you get your income, you won’t need to pay any ongoing maintenance costs like a traditional landlord would. Without the need for the investor to maintain the property, it can save them a lot of time. Read more about the costs of buy-to-let investments here.

Secure returns over a set period

Our fully-managed investments are secure because the rental yields are assured at a NET percentage. Everything is outlined in the contract, including the exact returns and profits you will be making during your investment. The assured yields and set term means that you know exactly what you’re getting out of the money you put in and when you will be getting it.

No cap on earnings

Unlike relying on the state pension, which will be higher or lower depending on your national insurance contributions, a fully-managed property investment doesn’t put a cap on your income. You can use your savings to invest in different properties at once to have multiple sources of income or use the profits you made from your first investment on another property investment to build a portfolio.

Multiple uses

When you invest in a UK property with us, you follow the same process as purchasing your own house to live in. We will give you the title deed, so the property is legally owned by you for however long the lease is. This means that you can sell it, pass it on to your children or use your earnings for something other than retirement.

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Buying Investment Property For Retirement Income In The UK

The Best Retirement Investments Are Fully-Managed Properties
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The process of buying investment property for retirement is usually time intensive with the use of lettings agents and mortgage lenders. However, we pride ourselves on our smooth purchase process from the reservation to your pay.

We love getting people involved in our lucrative investments because we believe that anyone can start a portfolio. For this reason, we make the process easy and simple. We begin by discussing your needs to match you with the perfect property investment, then sending over a unit recommendation so you can reserve the unit(s) you want. The property industry is fast-paced, and our property investment opportunities are so popular that some of them sell quickly. To avoid missing out, a reservation is necessary.

We specialise in cash-only purchases to speed up the buying process, however we are able to sometimes allow our clients to use a mortgage to leverage with some of our buy-to-let properties. On the other hand, our investments are off-plan so payment is not expected immediately, so you can be given extra time for financing your investment. Once the property is completed, your rental income will start. For properties with a longer construction, interest on deposited funds may be available.

We have property investments across the UK, and some overseas. If you are interested in investment property for retirement income, you can view our property investment opportunities here.

Summary

At Sterling Woodrow, we pride ourselves on helping new property investors get a solid start in the market and are happy to speak to you about your long-term goals and ambitions in property investment.

We also work with experienced investors to help them increase the value and profitability of their portfolios.

To book your complimentary property investment consultation with one of our senior portfolio managers simply click the button below and complete the short form and we will call you back at the appropriate time.

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