There are many reasons why buyers are looking at properties for investment and one of them is rental income. Rental income is one of the most consistent source of income for investors who are looking to diversify their investment strategies to look for sources of cash flow. There has always been discussion on what is the best property to buy together with how many bedrooms that are ideal for rental investment. A survey among investors as well as the result shows that 2 Bedroom units are one of the best investments that you can look at and some pointers to support this claim are discussed below
Most importantly, when it comes to investment, the consistency of rental income is one of the most important when it comes to investment. You do not want to have your unit empty and still have to pay mortgage payments to the bank. Therefore investors should be looking at apartments ices they are easy to rent out and highly sought after by tenants. The unit price should also be reasonable and not too high and the rental yield must also be reasonable. Therefore, the apartments are highly sought after by buyers who are looking for tenants and the reason is because many of the tenants are looking for the smaller units such as the one of the rooms and the price of the unit is also not as high as the bigger units such as the tree and for beaters. The maintenance fee for to bidders also very low and therefore he fits the criteria of a high rental you at the lower unit price.
Some of the buyers may be comparing why a to B room is better than a 1B room when it comes to rental prospects. The reason is because there are many 1B room units out there and most of the tenants are expatriates who have many choices to for. Therefore competition isn’t in the favour of the owners and many owners face issues renting out there are 1B room apartments to tenants.
Also another reason why 2 Bedroom apartments are popular is that given the new covid situation, there are many young couples who are keenly keeping a lookout for to apartments while waiting for the construction of their BTO Flats. Therefore, this couples are looking to plan a good 3 – 5 years these from the owners and may be looking for bigger units such as the two-bedroom. The one who units may be too small for this couples looking to stay for the middle term and therefore two-bedroom units most suitable.