Top 5 Things to Check Before Buying a Property in Hertfordshire
Buying a property is exciting, but it can also feel a bit overwhelming especially if you’re not sure what to look out for. Whether you’re searching for your next home or thinking about investing in Hertfordshire, it’s always good to be prepared.
Here are five simple but important things you should check before you buy.
The Location
You’ve probably heard this a hundred times but location really is everything. In Hertfordshire, some areas are more popular than others, especially for people commuting to London. Make sure the property is close to good transport links, schools, shops, and green spaces. All of this affects how easy it is to live there or rent it out.
The Condition of the Property
Don’t just look at how nice the place looks on the surface. Check things like damp patches, cracks in the walls, the roof, and whether the boiler and electrics are up to date. If you’re an investor, think about how much extra work and money you might need to put in.
What’s Happening in the Local Market
It’s a good idea to look at what’s going on with property prices in the area. Are they going up? How quickly are properties selling? What are similar properties renting out for? This will give you a clearer picture of whether you’re making a smart move.
Rental Demand (If You’re Investing)
If you’re buying to let, find out how much demand there is for rental properties in that area. Places like Borehamwood, Hatfield, and St Albans usually have a strong rental market because of the easy commute to London and local universities but it’s always worth double-checking.
The Legal Bits
This isn’t the most exciting part, but it’s important. Make sure you know if the property is freehold or leasehold, if there are any service charges, or if there are planning permissions or restrictions. Also, check if there are any big developments planned nearby. They could affect the area for better or worse.
Buying a property in Hertfordshire is a great opportunity, but making sure you check these things first can save you a lot of stress and money later on.
Thinking about buying in Hertfordshire? Feel free to get in touch. I’ll happily chat with you about what’s available and how to make the process simple.