existing properties

EXISTING PROPERTIES

Opportunities and Insights

Investing in existing properties offers a range of benefits and opportunities for buyers, investors, and developers. These properties can include single-family homes, townhouses, apartments, and commercial buildings. In this guide, we will explore the various aspects of purchasing and investing in existing properties, including their advantages, key considerations, and market potential.

What Are Existing Properties?

Existing properties are those that have already been built and occupied, as opposed to new constructions or off-plan developments. They can be found in various stages of use, from newly built homes that have only had one previous owner to older buildings with rich histories.

Client Success Stories

24 MONTHS

NO TIMEFRAME

18 MONTHS

24 MONTHS

18 MONTHS

18 MONTHS

Ready to take the next step?

Get in touch with us to learn more about our services and how we can help you achieve your property investment objectives.

Initial Consultation

We offer a free initial consultation to discuss your unique needs and how our services can benefit you.
 

Our Buyer's Agents Process

Step 1
Introduction Meeting
Step 2
Engage with Asquired Square
Step 3
Discovery Call/ Mandate Requirements
Step 4
Source & Negotiate on your behalf
Step 5
Post Settlement Services
Introduction Meeting
Engage with Asquired Square
Discovery Call/ Mandate Requirements
Source & Negotiate on your behalf
Post Settlement Services

Benefits of Investing in Existing Properties

Immediate Availability
One of the primary benefits of existing properties is their immediate availability. Buyers and investors can often move in or start generating rental income much sooner than with new constructions.
Established Neighbourhoods
Existing properties are typically located in established neighborhoods with mature infrastructure, including schools, parks, shops, and transport links. This can enhance the property's appeal and value.
Historical Value and Character
Older properties often come with unique architectural features and historical value that new builds may lack. These characteristics can add charm and desirability to the property.
Potential for Renovation
Existing properties often offer opportunities for renovation and improvement. This can increase the property's value and allow buyers to personalise their homes.
Track Record
With existing properties, there is often a track record of market performance. Buyers can review previous sale prices, rental income, and local market trends to make informed investment decisions.
Asquired Square Service
Asquired Square offers ongoing support to all our valued clients after a property purchase. We always aim to build long-term relationships.

Key Considerations for Buying Existing Properties

Location
The location of the property is a significant factor in its value and potential for appreciation. Consider the proximity to amenities, transport links, and future development plans in the area.
Market Research
Conducting thorough market research can provide insights into the local property market, including trends in property values, rental yields, and demand for specific types of properties.
Property Condition
Assessing the condition of the property is crucial. This includes evaluating the structure, plumbing, electrical systems, and overall maintenance. A thorough inspection can identify any potential issues that need addressing.
Legal and Regulatory Compliance
Ensure the property complies with all local regulations and zoning laws. This includes verifying that any previous renovations or additions were done with the proper permits.
Budgeting for Repairs and Renovations
Existing properties may require repairs or renovations. It's essential to budget for these costs and consider them in the overall investment plan.
Previous slide
Next slide
Location
Market Strategy
Property Condition
Legal and Regulatory Compliance
Budgeting for Repairs and Renovations

Market Potential for Existing Properties

Diverse Market Appeal
Existing properties appeal to a wide range of buyers, from first-time homeowners to seasoned investors. Their availability in various price ranges and styles ensures a broad market appeal.
Rental Income
Existing properties can generate immediate rental income, making them attractive to investors. Properties in desirable locations or with unique features can command higher rental rates.
Capital Growth
Investing in existing properties in up-and-coming areas can offer significant capital growth potential. As neighbourhoods develop and improve, property values can increase substantially.
Flexibility
Existing properties offer flexibility in terms of use. They can be purchased for personal use, rented out, or renovated and sold for a profit.
Market Stability
Established properties in well-regarded neighbourhoods often provide market stability. Their historical performance can offer a reliable indicator of future value.
Asquired Square Service
We pride ourselves on our clients service. After you purchase a residential or Investment property, we are always here for you to assist with any issues.

What Our Clients Say

faq's

Finding the Perfect Property: We leverage our market knowledge and access to exclusive listings to find your ideal property.

Selling Your Property: Our team handles everything from marketing and viewings to negotiations, ensuring a smooth and efficient selling process.

Renovation and Improvement Opportunities

Modernisation
Older properties can be modernised to meet current standards and preferences. This can include updating kitchens and bathrooms, installing energy-efficient systems, and enhancing the property's aesthetic appeal.
Extension
Adding extensions to existing properties can increase living space and add value. This can include building additional rooms, converting lofts, or adding outdoor spaces.
Restoring Original Features
Restoring original architectural features can enhance the property's charm and appeal. This can include refurbishing period details such as fireplaces, mouldings, and hardwood floors.
Energy Efficiency
Improving the property's energy efficiency can reduce running costs and appeal to environmentally conscious buyers. This can include installing insulation, double glazing, and renewable energy sources.

Existing Properties

Existing properties offer a wealth of opportunities for buyers, investors, and developers. Their immediate availability, established locations, and potential for renovation make them an attractive option in the property market.

By carefully considering factors such as property condition, location, and market trends, buyers can make informed decisions and maximise their investment potential. Whether you are looking for a new home, a rental property, or a renovation project, existing properties provide a versatile and rewarding choice.

For those interested in property investment and development, existing properties represent a stable and profitable avenue. Their diverse market appeal, potential for immediate rental income, and opportunities for improvement ensure they will continue to be a valuable asset in the real estate market.

ASQUIRED SQUARE SERVICES