Henson & Stanley Property Services Limited
About Us!
In Birmingham, and across the entire UK, Henson and Stanley Property Services Limited is a renowned UK property developer with a lot of expertise in creating premium real estate. Because of our vast wealth of knowledge about the real estate industry, we have successfully completed projects for both local and foreign purchasers in strategic areas all throughout the nation.
Our renowned customer service team is there and waiting from beginning to end. In order to provide you with a completely hands-off experience, we constantly keep you as our first priority, eliminating the bother that might come with purchasing properties. Our motto is simple: we exert the effort while the benefits accrue to you.
Featured In
Property Sourcing Service
Property Portfolio Management
Property Management Service
Property Refurbishment
Property Investment Birmingham
Our Services
Property Management Services
Finance Analysis and Consultation
Property Renovation Services
Property Sourcing and Evaluation
Property Management Services
Sometimes, managing your property tends to be overwhelming, especially when you are combining this with some other responsibilities.
Some of the requirements for managing your property might include:
- A regular examination of the state of the property
- An accurate record of incoming cash flows and returns
- A well-analyzed summary of every dollar spent and earned each month.
In addition to all this, there is still the issue of the property’s quarterly tax reports and audits of the whole VAT compliance procedure to deal with and sort out.
All of this might be over the top for you, so it is best left to us.
While we ensure that all those mentioned above are attended to, we also supply you with regular certificates of the property’s energy efficiency and make sure that you get recurring rent payment through a well-known web service, such as PayPal or Payoneer.
We can help you with organising personal surveys of properties, connecting you with the finest solicitors, and managing the conveyancing procedure until it is finished, once you’ve settled on the property that’s suitable for you and we’ve negotiated the best price.
By hiring us to handle your property portfolio management needs, you stand to benefit from our strategic processes to ensure improved cost management and fewer administrative headaches.
Finance Analysis and Consultation
We are well aware that a company providing consulting services for property investments has to be properly equipped for the responsibility of developing strategic procedures that will ensure the long-term fulfilment of the interests of its major stakeholders. By working with us, you can be confident that everything needed for your investment is in place, from a properly drafted investment agreement, keeping cash flows under control, and protecting your investment from mistakes that might result in depreciating your finances.
Our financial experts are unbeatable when it comes to knowledge and experience.
They can also help you figure out the best ways to raise the capital you need for your investment in property acquisition and development.
Apart from offering financial advice, our services also include an in-depth analysis of the effectiveness of the investment to minimise the risk of a bad investment.
Each of these services has an effect on the real estate investment activities, particularly with regard to dividends collected, based on the use of specialised consulting technologies that will increase project success rates. It is far past time to stop carrying out important undertakings solely on the basis of intuition since economic realities have changed. Not that intuitive knowledge is bad, but it sometimes fails when it comes to property investment. This is largely due to its inability to meet the growing demands of businesses in the globalised world and commercial development in foreign markets.
Property Renovation Services
In addition to financial consultation, we also offer assistance for any improvements that may be required to bring a property up to code and maximise its potential for buy-to-let sales or rentals.
These renovations might range from HMO conversions to home additions and other similar tasks. Whatever is needed to bring your property up to date can be covered smoothly thanks to our skilled employees.
As expected, most of the time, our investors are not well grounded or familiar when it comes to property investment, so we take the liberty to thoroughly explain the refurbishment process that comes with it. This is to ensure that you understand what each piece of the process is and why it is important to your property.
Our workers are proficient and experienced, and they consistently take extraordinary care to guarantee that your needs are met by providing an unparalleled service.
We will work with you to ensure that you get what you want throughout the whole project, starting at its inception. Since we finish all projects in accordance with the timeframes and budgets that have been specified, you can be sure that once we start working on your property, there won’t be any unforeseen costs or delays.
Property Sourcing and Evaluation
We assess unique properties you may be considering and also make sure they are streamlined to the demands at that particular time in order to boost the likelihood of renting or selling.
Due to our years of expertise and unrivalled understanding of the local residential and commercial property markets in Birmingham, you can trust that we will help you find the appropriate home, business, or investment opportunity.
We also act as a go-between throughout the entire process.
We have a lot of experience optimising client portfolios, enterprises, or other people who are venturing into the business of real estate. You don’t need to go any farther than our doorstep if you’re seeking the best company to help you maximize your profits as a property investor.
Why Should I Invest in Birmingham?
Birmingham has successfully transitioned from a traditional manufacturing centre to a diverse, contemporary economy. Birmingham has established itself as a lucrative location for buy-to-let property investment from investors of all types.
Population Growth Rate
Birmingham has been ranked as Britain’s most populous city outside of London, so if you’re searching for investment property outside the capital, you should be very much aware of this. With 1.1 million people currently calling the area home,even recent years have seen a dramatic increase in the population.
Urban life is anticipated to expand even farther into Birmingham’s city center thanks to better public transportation and enhancements. In order to meet the growing demand for homes, there are now new properties around for investors to grab and generate income. In 2018, there were around 7,771 relocations from London to Birmingham. Young employees made up a large portion of this group, and they were ready to play innovative and entrepreneurial roles in the city’s commercial centre.
Property is in High Demand.
Any property investment relies on demand to survive. The popularity of Birmingham buy-to-let houses among investors is due to this. With 1.4 million residents, Birmingham is the second-largest city in the United Kingdom and remains a popular destination for recent graduates, students, families, and even people relocating from the capital city. This degree of interest serves as a good illustration of why so many individuals want to make property investments in Birmingham in 2022, and you should cash in on it as soon as possible.
This city is also termed the youngest in all of Europe because of its large population of people under age 35,a whopping 60% of the population in total.
Of all the most sought-after people, the ones to watch out for are young professionals. This is because they are most likely to take advantage of the facilities and employment prospects. The majority of people in this group rent homes, most of the time for long-term leases, which explains why Birmingham buy-to-let properties are the best choice for landlords looking for steady tenant demand.
Good Rental Yields
In relation to its size, it is a little surprising that the real estate market in Birmingham is one of the most inexpensive in the nation. Many individuals are in the market to rent or purchase Birmingham buy-to-let properties since the average price of a home in the city is currently £214,696. This is very cheap in comparison to the cost of living in other places.
Because of this and subsequent rental increases, the rental yields property investment in Birmingham generates are very high. Birmingham rental yields are expected to rise by 10% over the next four years, after rising by a staggering 28% since 2009.Birmingham has a rental return that is 6.56 percent higher than the national average, with an average asking rent of £1,188.
Capital Growth
When investing, investors frequently have a specific goal in mind: profit and capital growth. The potential returns on buy-to-let real estate in Birmingham are astounding. The city’s real estate is, as we’ve already noted, reasonably priced, but that doesn’t imply that it hasn’t grown significantly over time.
Between 2016 and 2020, Birmingham’s average home prices increased by 16 percent, making it the UK’s fastest-growing real estate market. Birmingham’s average home values have increased by about 40 percent in the last ten years.
All this data points to one thing: that the capital you as an investor will invest in any property in Birmingham with the right property firm behind you will yield dividends.
BEST PLACES TO INVEST IN BIRMINGHAM FOR BUY-TO-LET IN 2022
Birmingham continues to be a valuable asset for investors all around the world. In recent years, Birmingham has made significant achievements in the UK market and has since become a national model for regional hotspots. It is a great representation of a market designed for long-term investment as it is the city centre with the highest growth over the past four years.
But where in Birmingham are the best spots to invest? And what are the best places in 2022 for a property investor?
1. Birmingham City Centre.
Many of Birmingham’s major redevelopment projects have made significant progress over the past year in the city centre.
These redevelopment projects include the HS2 terminal station at Curzon Street, Paradise and Arena Central, the Midlands Metro and the Broad Street line.
Despite a 44 percent increase in price over the last ten years, Birmingham remains a bargain, with a lower barrier to entry and higher rental returns than the national average.
As one might expect, Birmingham’s city centre continues to be a top choice for buy-to-let investment property because of a thriving business district that appeals to young professionals, who make up the bulk of the rental market.
2. Jewellery Quarter
One of the best investment areas in the heart of the city is still the Jewellery Quarter. The Jewellery Quarter continues to be a hotspot for young professionals searching for rental housing because it provides a certain country home feeling even without losing any of the connection or close-by facilities.
Property values have increased by 28 percent in the last three years, with some of the highest increases occurring in areas near the Jewellery Quarter Station.This side of the city’s transportation hub is a crucial factor in the demand for the region, and according to Nationwide, any homes located within 500 metres of a station may command a premium of 9.4%.
3. Erdington
Erdington is a really developing market for the city, ranking as one of the cheapest places on our list. It’s a great option for the investor who is thinking long term because it has about 23,000 people, lots of facilities, and quick access to the city centre.
A variety of large amenities, including a £7.5 million leisure centre, have been invested in Erdington, one of the areas of the city that is improving most quickly.
This region has excellent transportation connections, including a railway station, the M6, and Birmingham International Airport. Due to this, it is well-liked by most renters who do not want to live in the city centre but may still need to commute there for employment or other reasons.
4. Harborne
One of Birmingham’s most sought-after postcodes, Harborne, is well-liked by families who want the more laid-back atmosphere of the suburbs without sacrificing proximity to the city centre.
Nearly 63 percent of Harborne residents work at a management or executive level, which is significantly higher than the UK average.Harborne is known for having a high concentration of professionals. The quality of the amenities offered and the homes on sale may play a significant role in this.
In Harborne, property values have increased more than average over the past ten years, by almost 39% since 2010. Harborne will continue to be one of the greatest neighbourhoods in Birmingham to invest in and one of the top locations for a Birmingham buy-to-let investment property in 2022 thanks to some of the best and most consistent schools in the West Midlands, superb shopping, and a thriving leisure industry.
5. Edgbaston
In addition to being one of Birmingham’s wealthiest postcodes and a definite investment magnet, Edgbaston is also well known for its athletic legacy. Edgbaston has shown close to 40% growth over the past ten years, making it an excellent choice for investors looking for a buy-to-let investment property in Birmingham with established growth.
Despite Edgbaston’s slower than average rate of property growth, yields there have consistently kept up with average prices. Although the initial investment may be greater, Edgbaston nevertheless has outstanding tenant demand and yield certainty. Rental prices there now hover around £1,014 per month.
Its status as a popular family destination is a major factor in this. The fact that Edgbaston is only 10 minutes from the city centre also gives it the ability to provide a “private vibe” that many other neighbourhoods lack. Some of the important cultural hubs of the region, like the Victorian Botanical Gardens and Midlands Art Centre, are located there, along with Birmingham’s first-ever Michelin-starred restaurants.
How to Get the Most Out of Your Investment Property
Invest in places with great potential.
The most promising places to invest are not always the cheapest or the most costly, so if that’s the only consideration you have, then you are most likely making a mistake.
It is important to pause and ask yourself these few questions :
One, what kind of people are most likely going to be interested in the property?
What purpose will your property serve for these people? Are there good facilities around your property, like hospitals, schools, churches, mosques, libraries, and markets? No matter how appealing your property is, if it is in the middle of nowhere, there might be a huge difficulty in getting potential customers.
The type of property you can afford to buy and desire to buy must be matched with the neighbourhoods that potential residents would select.
While these questions may seem unduly basic and unnecessary at first, they are undoubtedly the most crucial part of a profitable property investment.
This sometimes might seem a little too much for you to handle, or you might be finding it difficult to make the right decision, and that is when we come in.
We analyze each property and give you an honest evaluation of the kind of people it is likely to attract, the returns you should expect, and most of all, if it is the right fit for you.
Expand your Search
People are frequently willing to invest in real estate near their homes or in familiar surroundings.This is not necessarily a bad idea.
On the plus side, this might prove advantageous as they are perhaps the most knowledgeable about their immediate environment and are able to identify the types of properties and areas that would perform well. They also have a lot higher chance of monitoring the property as well.
However, it is also important to keep in mind that, as a homeowner, you are already exposed to real estate in your neighborhood, so it would be a smart idea to look for a different kind of home in a different location.
And you can always hire an agent nonetheless, to act on your behalf and take care of the property for you.
Expand your search area and consider
cities with convenient transportation, those that are well-liked by families, or those that have sizable universities.
In order to increase the return on your investment, it is also worthwhile to consider houses that require work. Negotiating hard can help you get a better deal on worn-out or houses in need of renovation, which can then be spruced up to increase value.
Keep your target customers in mind.
This is one sure way of getting a reliable and quick return on your investment. A higher margin of safety on your investment is provided if you can immediately add tangible value to your property. This makes your property stand out and attracts customers in no time at all.
Remember to account for the unavoidable cost overruns, though, and make sure the price is enough to pay for the necessary renovations and maintenance and still generate profit.
Consider yourself your target tenant, as opposed to considering whether you would like to live in your investment property.
Who are they and what are they seeking in a property?
For students, it might be best if the property is simple to maintain, comfy, and not overly opulent.
It should be contemporary and fashionable without being over the top if your target customers are young professionals.
For families, they might require a blank canvas and have a lot of their own possessions.
Do not forget that allowing tenants to personalise a space by decorating, adding photographs, or removing unsightly items increases its comfort level.
This ultimately means that these renters will remain in your apartments longer.
Get Additional Security
Additionally, you have the option of obtaining rent guarantee insurance, which is protection against your tenant’s failure to pay rent. We assure you that there is a minimal chance of this happening when you are working with us, but a little extra security never hurts. These can be purchased separately from a specialised supplier for as little as £50, or they can be included in a larger landlord’s insurance policy.
FAQ
Frequently Asked Questions
1. Is investing in property in Birmingham a smart idea?
Because there is such a great demand for housing in Birmingham, the rental market is fantastic. Birmingham has the demand required to support a long-term real estate investment thanks to its substantial young professional population and an estimated 100,000 students who call the city home.
How do property investment firms work?
In the event that you purchase through a property investment firm, you also own the firm. After that, the business purchases the properties, obtains mortgages in its name, and deducts corporation tax from any profits generated by the buy-to-let properties.
2. Are property investments profitable in the UK this year?
It appears that 2022 will be the strongest year ever for UK real estate. The market has once again shown that it is a solid possibility and is in better shape than before.
3. Is Birmingham in the UK a nice location to live?
One of the best cities in the UK to reside in is Birmingham, without a doubt. It’s hardly surprising that the city is so popular with its vibrant economy, reasonably priced housing, and welcoming attitude. It may also be the ideal moment to relocate to Birmingham, given the booming economy.
4. Why is Birmingham popular?
Birmingham is well-known for its tradition in the food and culinary worlds, iconic rock music, vibrant nightlife, expansive canal networks, and significant cultural effect. These accomplishments are in addition to its manufacturing background. Literature, visual arts, television, cuisine, music, and other cultural aspects all bear Birmingham’s stamp.