Thursday 28 April 2016

Fun facts about Birmingham

I bet you didn't know any of this...



Birmingham in Alabama was named after England's Birmingham

There is a crater on the moon called Birmingham





Birmingham is home to Cadbury Chocolate


Oxygen was discovered by Birmingham minister, Joseph Priestley

William Murdock who lived in Handsworth, Birmingham invented gas lighting - his cottage located in Handsworth was the first home to have ever used gas lighting

State education was first introduced in Birmingham in the 1850's

Many of Britain's most famous businesses either originated or have their headquarters in Birmingham, including - Cadbury World, Lloyds Banking, Jaguar Land Rover and Odeon cinema's

Birmingham in terms of people, is the youngest city in Europe with 40% of its population being under 25

After London, Birmingham is Britain's most populated and visited city 

Three British prime minister's attended Mason College, which is the forerunner of Birmingham University 

There is a crater on the moon called Birmingham 



J.K.K Tolkein was brought up in Birmingham and various locations like Moseley Bog, Sarehole Mill and Perrott's Folly inspired many of his ideas for the locations in Lord of The Rings 





Victoria Square homes one of the largest fountains formally known as 'The River' but nicknamed by tourists as the 'Floozie in the Jacuzzi' 

The first ever X-Ray was taken in Birmingham 

Birmingham has more parks and trees than any other British city


Dame Barbara Cartland born in Birmingham holds the Guinness World Record for the most novels written in one, single year - She wrote 23 in total





The world's very hottest curry was first served in Birmingham 

Tuesday 26 April 2016

The Cost of Putting a Roof Over Your Head


Do you realise how much of your income goes towards your rent each month? Studies have now shown that the people of Great Britain give 41% of their income to their landlord every single month. That may seem a lot but it is even worse for Londoners who see half of their monthly income disappear into their landlord’s pocket. Thus meaning that the most expensive place in the UK to simply have a roof over your head is London. 


 However, that does not mean that the rest of us in England are much better off. On average Britons get £2,266 in income every month, but they are spending on average £935 for rent. This means they spend 41% of their money for accommodation every single month. 


 To live in the West Midlands however, it is somewhat cheaper to rent. 28% of the income of people living in the West Midlands goes towards paying rent which is almost half the percentage of people living in London. The typical monthly income for someone living here is £2,076.67 and they pay £648 for rent, which in comparison isn’t so bad. 


If you want to be much better off and have the cheapest ratio of rent to income, the best place to live in the UK is in the North East. Here, they only pay 25% of their income into their landlord's back pocket. 

 So, if you are worried about the percentage of money you are paying out to have a roof over your head, London isn't the best decision for you. If you love the city life, Birmingham is probably your best bet! But if you want the ultimate savings, head up to the North East to maximise your savings.





If you need anymore help on the subject, do not hesitate to ask one of our letting experts here at Glocal Residential. You can emails us at letting@glocal-residential.co.uk or give us a call on 0121 655 5188

Sunday 24 April 2016

10 Places You MUST Eat in Birmingham

Birmingham is a city full of mouth watering cuisines. I have devised together  a list of 20 places you must visit and have a bite to eat in Birmingham.




  1. The Original Patty Man - Order the 'Big Verns' Krispy Ring. A classic aged beef patty, maple coated bacon, american cheese, with a twist - served in a grilled glazed donuts. Something you have to try at least once, and surprisingly, the mixture  works amazingly.
  2. The Plough - Check out the interior of these pub with the nifty tool of google maps. There is a wide variety of food to choose from at this homely pub, but drop down on a Sunday and try there delicious roast.
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  3. D'lush - This is for the people with a wild sweet tooth. Located at starcity, this is a place where every course is a desert. From cookie dough, to waffles, sundaes and crepes. This one will give you the sugar you deserve.
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  4. Akbars - This is an authentic Indian Cuisine which serve the largest naans in Birmingham on a hanging stand. They also hold the title of 'Curry Champion 2015'!
  5. Marco Pierre White Steakhouse, Bar & Grill Birmingham - A bit more on the pricey side, this skyline resturant located on the top floor of the Cube gives you a beautiful 360 degree panoramic views overlooking Birmingham City Centre.
  6. Ming Moon - This Chinese buffet restaurant is located in China Town in city centre, allows you to have the Chinese dining experience. Good place to go for large groups.
  7. Rub Smokehouse - They make interesting concoctions of food and their cocktails are imaginative, such as the 'Rub-a-dub-tub'. A restaurant with new ideas and mouthwatering foods. Somewhere to go if you are feeling ultra hungry and want to try one of their meal challenges. 
  8. Gas Street Social  - A restaurant and bar a seasonal taste of home comforts and mouth-watering European cuisine, alongside a specialty drinks menu. It has a cool feel to the interior.
  9. Mount Fuji Tokyo Teriyaki Resturant - This is a small Japanese restaurant located just outside the Bullring. They serve fresh Japanese food, made and served Tokyo style, their bento boxes are to die for.

  10. Adams Resturant - This is one of the three michelin star rated restaurants in Birmingham. It is located on Waterloo Road, and if you are a lover of good quality food, this is somewhere worth saving for. A bit more on the pricey side, but they deliver excellent service and take pride in their menu.
    (TheFoodieCoupleBlog)

Thursday 21 April 2016

10 Top Tips for a Stress-Free Move

De-stress moving house with these simple steps



1. Pack in advance

One of the most obvious steps to a stress-free move-in, is too pack well in advance. However, thousands of people in the UK every year leave it to the very last minute - and that's normally what triggers other problems. Packing in advance will save you rushing around on the day and will allow you to know where everything you need is. 
It's simple - stay organised and begin your packing at least a fortnight before.

2. Organise your paperwork 

Do you let your paperwork pile up? It's time to sort it!
Prior to your moving in day, ensure that you have tossed out any paperwork that you don't need, such as old receipts, bills and magazines. It's important that all your necessary paperwork like insurance policies, passports and bill statements are all in one place - you definitely don't want to be losing them when you move!

3. Communicate

During the process of your move, it's important that you keep in touch with the right people. Anything you feel necessary; report it to your Conveyer or Estate Agent no matter how major or minor. By keeping them in the loop - you'll build your relationship and they'll ease you towards your moving date helping you as much as possible.

4. Keep all essentials together

It's important that on the day of your move, you have all your necessities in the same place. Your moving day is expected to be a long one, so you definitely don't want to be fishing through all your boxes late at night. Instead, simply label a box 'essentials' and keep everything you'll need on the day in one place - including things like your toothbrush, duvet and change of clothes.

5. Floor plan ahead

By planning where your furniture is going to go prior to the day you move in will highly benefit you. Before your moving day, take measurements and see where your furniture will fit the best - this will prevent you spending too much time on moving furniture when you live there.

6. Use it up... Don't take it with you!

The less you have to pack...the better. Don't waste time and space bringing things like canned goods and frozen foods. The best advice would be to take an inventory of all your canned/dried/frozen foods and try to use them up before you move - if you have too much, why not donate to your nearest food-bank? Every little helps after all.

7. Keep your eyes open 

Up until the day you move, KEEP YOUR EYES OPEN! You don't want to leave something behind in your old property. 
Be aware that all your storage is empty and that you search your property well - particularly in safe places that you may have hid important documents or personal information.

8. Ask for help!

Moving house is a big deal so make sure you have people to help. If you don't have the resources or people to transport boxes, than hire a removal van or ask your agent for advice on what they think is best. You want your move to be stress-free so ensure you don't do it alone - it'll also allow your move to be less time-consuming.

9. Don't lose touch.

You want to make sure when you move that you don't loose touch with old faces. Prior to your moving day, make a list of names, numbers and addresses that you need to remember and that also need to be notified of your new address. This will allow you to stay organised as-well as preventing you from losing touch with people or companies. It's also important that you tell the basics, such as your employer, doctors surgery and dentist that you have a new home address so that they can keep an up-to-date copy of your records.

10. Recycle the toxins.

DON'T leave toxins in your old property and for a safe and healthy move, don't take them with you either. Most of you will have toxins stored away in your garage or basement so ensure that before your moving day, you find hazardous collection sites and get rid of them properly and safely. DON'T dispose of them in your new kitchen bin - you want to prevent any leaks/contaminations on your new move.

Tuesday 19 April 2016

Birmingham - Then and now

Birmingham back in the day



There has been a few changes happening in and around Birmingham over the past few decades and sometimes it may be difficult to image the city at how it used to be. A few interesting pictures have been edited together to show how different the city actually is, or isn't... 

Firstly, these edited photographs shows a merge of Colmore Row, now and then. 



Here is a snapshot of the High Street in Sutton Coldfield in 1888 and 2016; showing new and old buildings. There is also a contrast of pedestrians VS cars. 


This is a merged image of a road in Castle Vale comparing now to the 1960's. 


College road in Handsworth Wood. Comparing the local shops now and then. Picture from 1971.


This is showing the Queens Head Pub, Steelhouse Lane in Birmingham, then and now.


Birmingham's Needless Alley comparing modern and olden times. 



Can you remember these times? Does it bring back any memories? We would love to know, comment below what you think! 


(Images from the Birmingham Post) 

Sunday 17 April 2016

The Ultimate Bullring Guide

All you need to know about Birmingham's Bullring  

Back in 2003, the transformed Birmingham Bullring was all anybody could talk about and to this day remain's one of the most stand-out attractions for tourists. 
Since it's opening on 4th September 2003, it continues to be one of the most successful establishments of Birmingham boasting over 160 shops and 40 eateries. 

SHOPPING

The Bullring is one of the most highly rated places to shop in Birmingham as it is home to a number of the world's largest retail brands. 
From the famous Selfridge's to La Senza, Debenhams to Boots - it has pretty much, everything you could ask for.  

Fashion

Armani Exchange - All Saints - Ann Summers - Boux Avenue - Claires Accessories - COS - Debenhams - Dr Martens - Estilo - Footasylum - Forever 21 - Fossil - GAP - G-Star Raw - H&M - Harper & Lewis - Hollister - Hugo Boss - Jack Wolfskin - JD Sports - Karen Millen - Khaadi - Kipling - Kurt Geiger - Lacoste - Lipsy - Luke - Mango - Michael Kors - Miss Selfridge - Models Own - New Look - Next - The North Face - Oasis - Radley - Reiss - River Island - Scotts - Selfridges - Sunglass Hut - Superdry - Ted Baker - Timberland - TK Maxx - Tommy Hilfiger - Topman/Topshop - True Religion - Vans - Versus Versace - Victoria's Secret - Warehouse - Whistles - Yours Clothing - Zara Men's/Women 

Footwear

Clarks - Debenhams - DR. Martens - Dune - Footasylum - Foot Locker - Jones Bootmaker - Kurt Geiger - Office - SCHUH - Scotts - Sketchers - Sole Trader - Timberland - TK MAXX - UGG Australia - Vans 

Health and Beauty

The Body Shop - Boots - Debenhams - The Fragrance Shop - Holland & Barrett - Molton Brown - The Perfume Shop - Savers - Selfridges - Superdrug - Vine Vera - Vision Express - Yoshe Nail Bar

Home

Debenhams - Next - Selfridges - TK Maxx 

Jewellery

Boutique.Goldsmiths - Cadenzza - Claires Accessories - Debenhams - Ernest Jones - Fossil - Goldsmiths - H Samuel - Leslie Davis - Links of London -  Michael Kors - Neoglory - Omega Boutique - Pandora - Storm - Swarovski - Swatch - Thomas Sabo - Warren James 

Services and Banks

Eurochange - H20 Car Valeting - Halifax - Ladbrokes - Mobile Style - Moor Street News - Newspoint - Saint Martin's News - Santander - Shopmobility - SKY - Supercuts - Teenie Weenies - Thomas Cook - Thomson - Virgin Media, Vision Express - Vodafone 

Sports and Leisure 

Footlocker - Jack Wolfskin - JD Sports - The North Face - Sports Direct - Thomson 

Technology

Carphone Warehouse - EE - Game - HMV - Mobile Style - 02 - Scan to win - Selfridges - Vodafone

Toys & Gifts

Build-a-bear workshop - Card Factory - Clintons - Debenhams - Disney Store - DMC - The Entertainer - GAME - HMV - Hotel Chocolat - Scan to Win - Scribbler - Selfridges - Smiggle - Swarovski 

EATING

Cafes and Takeaways

Baguette Du Monde - Boost - Burger King - Caffe Nero - Chatime - Costa Coffee - Druckers - EAT - Ed's Easy Diner Shake Stand - Five Guys - Fuel Juice Bar - Greggs - Joe Delucci's Gelato - Love Coffee - Mee Cha - Millies Cookies - Mission Burrito - Mr Pretzels - Muffin Break - My Cookie Dough - Pizza Hut - St Matins Tea Lounge - Starbucks - Subway - Wrapchic 

Food & Drink 

Baguette Du Monde - Boost - Browns Bar & Brasserie - Burger King - Cafe Rouge - Caffe Nero - Chaophraya - Costa Coffee - Druckers - EAT - Ed's Easy Diner Shake Stand - Five Guys - Fuel Juice Bar - Greggs - Handmade Burger Co. - Jamie's Italian - Joe Delucci's Gelato - Love Coffee - Mee Cha - Millies Cookies - Mission Burrito - Mount Fuji Tokyo Teriyaki Restuarant - Mr Pretzels - Muffin Break - My Cookie Dough - Nando's - Pizza Express - Pizza Hut - St. Martins Tea Lounge - Starbucks -  Subway - Wagamama - Wrapchic 

Restuarants & Bars 

Browns Bar & Brasserie - Cafe Rouge - Chaophraya - Handmade Burger Co. - Jamie's Italian - Mission Burrito - Mount Fuji Tokyo Teriyaki Restuarant - My Cookie Dough - Nando's - Pizza Express - Pizza Hut - Wagamama 

OPENING TIMES

Monday - Friday: 10am to 8pm
Saturday: 9am to 8pm
Sunday: 11am to 5pm

*Debenhams opens at 9:30am Monday to Friday 
*Individual restuarant times may vary 
*Individual store times may vary 

DIRECTIONS/PARKING

Bullring Shopping Centre, Birmingham, B5 4BU 


Travelling by Car?

The Bullring is in the centre of major road networks and is easily accessible to those who are travelling by car. The Bullring offers three different car parks dedicated to Bullring customers totalling over 3,000 car parking spaces. Birmingham centre also holds a further 24,000 spaces in and around Birmingham City Centre within close reach of the Bullring Shopping Centre.

Bullring Centre Car Park

If you are parking in the Bullring Centre Car Park then enter one of these two postcodes in your satnav 'B5 4BU' or 'B5 4BP' - and the street name 'Park Street'
Entrances for the Centre Car Park are on Smallbrook Queensway and Park Street
Pedestrian access for the car park is also available via the St.Martin's Square entrance when the Bullring is closed.

Current daily tariffs for this car park are as follows:

0-1 hours = £2.60
1-2 hours = £5.00
2-3 hours = £6.50
3-4 hours = £7.50
4-6 hours = £10.00
6-8 hours = £12.50
8+ hours = £16.00

Opening Hours:

Monday - Saturday: 07:00am - 00:00am
Sunday: 08:00am - 00:00am 

Moor Street (Selfridges) Car Park

If you are parking in the Moor Street (Selfridges) Car Park then enter one of these two postcodes in your satnav 'B5 4BU' or 'B5 4BP' - and the street name 'Park Street'
Entrances for Moor Street Car Park are on Park Street and Allison Street 

Current daily tariffs for this car park are as follows:

0-1 hours = £2.50
1-2 hours = £4.50
2-3 hours = £6.50
3-4 hours = £7.00
4-6 hours = £8.00
6-8 hours = £12.00
8+ hours = £16.00

Opening Hours:

Monday - Saturday: 06:45am - 10:00pm
Sunday: 09:00am - 8:00pm 

Edgbaston Street Car Park

If you are parking in Edgbaston Street Car Park then enter the postcode 'B5 4RQ' and the street name 'Edgbaston Street'
Entrances are on both Station Street and Pershore Street

Current daily tariffs for this car park are as follows:

0-1 hours = £2.00
1-2 hours = £4.50
2-3 hours = £6.50
3-4 hours = £7.00
4-6 hours = £8.00
6-8 hours = £12.00
8+ hours = £16.00

Opening Hours:

Monday - Saturday: 05:30am - 00:00am
Sunday: 05:30am - 00:00am


Travelling by Bus?

The main stops for local buses around the Bullring Shopping Centre are:
Outside Moor Street Station, Upper Dean Street, Corporation Street, Colmore Row and Bull Street

There are a number of different buses which take you in and out the centre. 

Travelling by Train?

The two main train stations to access the Bullring Shopping Centre are Birmingham Moor Street and Birmingham New Street. 

Birmingham Moor Street is located opposite the East Mall side of the Bullring and provides access for more local train-lines, including London Midlands and Chiltern Railways. 
Birmingham New Street on the other hand is a much larger station and serves more national train operators including Virgin, London Midlands and Cross Country.

EXTRA'S

Bullring Plus


Bullring's plus app is one you don't want to miss out on. 
The PLUS app is jam-packed full of exclusive offers, guaranteed, that you won't find anywhere else. The app will provide you with discounts, events and up-to-date news about the Bullring. You also create a profile which allows the PLUS app to personalise news and offers to suit you. 



Chargebox 


The Bullring has installed four ChargeBox phone charging stations which allows visitors to charge their phone at those irritating times when it goes flat. The easy to use ChargeBox stations are free to use for 30 minutes, allowing you to enjoy 30 minutes extra shopping time. They work in three simple, easy to use steps:
1. Connect your phone
2. Lock your box
3. Take the key and relax
- Our ChargeBox stations are safe, secure and unable to be opened without the key - keep it safe!

Gift Card


Looking for a present for your friend? mother? brother? girlfriend? grandfather? - this gift is perfect for anyone.
From the day the gift card is purchased, the recipitent has 12 months to spend the entire amount that is present on the card. The great thing being, it can be used anywhere in the Bullring. If you're not sure on someone's favorite shop or what they really need - just let them choose themselves with the Bullring gift card.
*A small fee of £2 per card applies when purchased.
*The gift card value can range from £5 all the way to £1000.

CONTACT DETAILS

Address: 
Bullring Shopping Centre, Birmingham, B5 4BU 

Website:
http://www.bullring.co.uk/visitor-info/contact-us
- For enquiries, you can fill out the Bullring contact form found on the link above.

Phone:
0121 632 1526
- You can call the Customer Service Desk from 10am-8pm Monday-Saturday and 11am-5pm on Sundays.

Social Media
Follow the Bullring on Facebook and Twitter, 

Thursday 14 April 2016

Responsibilities of Tenants and Landlords

Do you know your responsibilities as a tenant or landlord?


Tenants

Some tenants may think that because it's not their property, they don't have too respect it - wrong. As a tenant, you have a number of important responsibilities to follow to ensure that the property is well cared for and stays at the highest possible quality. 

Paying Rent

As a tenant, it is a legal requirement to pay your landlord your rent on time. If you don't pay your rent on time, than you could be evicted from your home as you have broken your tenancy agreement. Serious cases of unpaid rent can also lead to your landlord taking you too court.

Looking after the property

It sounds simple enough but hundreds of tenants every year don't care for the property at all. Keeping your property clean and tidy not only shows respect to your landlord but it also enables you to live in a nicer home - everyone's a winner.
When it comes to decorating your property, it's always best too ask your landlord first, but many would allow you too. 

Be considerate

It's common courtesy to consider your neighbours - especially all you students! If you're having a party or event, it's respectful to warn your neighbours in advance rather than wake them at 1am with loud music. Anyway, if you're not, you can be evicted for anti-social behaviour by your landlord. 

Not taking in a lodger

Don't take in a lodger or sub-let to somebody else without requesting permission from your landlord first - however, they are well in their right to say no. Remember, you don't own the property therefore it's not your decision to move others in. 

Know how things work

As a tenant, you need to know how to operate different appliances such as the boiler and where appliances like the stop clock, fuse box and metres are located. Also, if your a tenant in a flat or apartment, you may need to know how to work intercom alarm systems. 
You can't get your landlord round to help you every-time! 

Do regular checks

Did you know it's a legal requirement to regularly check your smoke alarms and carbon monoxide detector? You should do this at least once a month - it is not just a job for your landlord!

Report repairs

Your landlord has a duty of care to fix repairs in the property unless they are a result of deliberate damage. Therefore, if you need a minor repair, inform your landlord immediately or you could be at risk of your deposit being affected if a minor repair becomes a major problem.


Landlords

Landlords, just like tenants, have a number of responsibilities.

Maintenance

Landlords have a duty to maintain the structure of the property and both it's interior and exterior. If there are any appliances that need maintaining than it is the landlord's responsibility to sort this out. Similarly, if furniture needs replacing due to 'wear and tear' than it is also down to the landlord, however, they are not expected to fix furniture or appliances that have been broken due to the action's of a tenant.

Smoke alarms and carbon monoxide alarms

Landlords must, as a legal requirement, fit smoke alarms on every floor of the property and carbon monoxide alarms in rooms with solid fuels, e.g: coal and wood. It is vital that landlords ensure that these work at the start of each tenancy and if not, it is a priority that they are fixed.

Deal with problems

If there are any problems with supplies in the property such as water, electricity and gas than landlords are responsible for dealing with these. If a landlord buys-to-let through an agency, than they can arrange for a professional to come to the property to sort this out.

Gas safety

Landlords should arrange a Gas Safe engineer to do a gas safety check at least once a year. If you're not to abide by this; than you could be facing serious consequences if a gas problem in the property becomes severe. 

Give notice

Although it is your property, you are not allowed to walk in whenever you like. If you need to fix a repair, than you should give your tenant at least 24 hours notice prior to when you're coming to fix it. 

Insure

Be clever - insure your property. Insuring your property could prevent you from loosing thousands of pounds if any damage was too occur, such as a flood or fire.

Tuesday 12 April 2016

6 Tips For Potential Landlords

The best advice for those looking to buy-to-let











1. Research the market

Buying-to-let can be a huge gamble therefore it is important that you do your research before you invest your money.

First of all, it is vital that you are making the investment that you want. Who knows, in years to come your property may fall in value which means your capital won't generate you a profit. Investing in the buy-to-let market involves committing thousands of pounds into a property and most likely taking out a mortgage; therefore get online or speak to others who have invested in the property market.
However, buying-to-let has a number of perks. Firstly, you can renovate your property and add value to it yourself - which for many people can turn into their life-long career. Property investments have also paid off handsomely for thousands and thousands of people - leading to a number of more profitable investments in the future. 

There's no denying that if you're thinking of going into buy-to-let you have your eyes wide open and consider the potential disadvantages as-well as the advantages. 

2. Don't jump straight into first mortgage you see

Why do you think banks make so much profit per annum? One of the reasons is because people take out mortgages without doing their research - and can't pay them back.

Considering different banks and building society's is key to taking out a viable mortgage. It's worth speaking to a good, trustworthy independent broker - or even better, speaking to somebody you know who has been through this process.
Surfing the internet will also give you tons of option.

3. Carefully choose your area

One of the most important decisions you need to make is the location of your property. 
The best piece of advice to give is to not base your area on it being 'cheap' or 'expensive' - base it on a place people want to live. You need to consider things like; What are the schools like? Does it have nearby attractions? Has it got good travel links? 
This also refers back to research - where does your target audience WANT to live.
Choosing your area also links too choosing your target audience - you wouldn't invest in a property in the countryside if you were targeting University students.

4. Consider your target tenants 

Many of those who failed in the buy-to-let business is simply because they didn't research their audience. It's simple, for a successful letting - it is vital that you find the right tenants. 

Put yourself in your target audiences' shoes - What are they looking for? Where about's is best for them to live? For instance, a student from Birmingham University wants student accommodation in Birmingham - not Solihull. 

When you consider your target tenants, you should also consider the interior of your property. If you're targeting students, than you want something clean and comfortable but not luxurious. However, a young upper-class couple is likely too prefer a slick, spacious and modern home. 

Finally, bare in mind that for your tenants to stick around, it's likely that they'll want to put a stamp on their home. Letting them move furniture around, decorating or adding photo's are small allowances which will make all the difference. 

5. How hands-on do you want to be?

If you've decided that your definitely going to buy-to let, then your next step is whether your going to rent it yourself or do so through a letting's agency. Both ways have their advantages and disadvantages so again, it's important that you do your research first.

Renting yourself can be advantageous because you avoid paying fee's to a letting agency and make more money off the rent itself. However, renting yourself can add unnecessary stress - first of all you must be prepared to give up most of your time, with likely unsociable hours, to participate in viewings. Also, you would have to arrange your own advertising and repairs.

Agents on the other hand; although they charge you a management fee, they will deal with your problems such as repairs as they will have close networks with plumbers, decorators etc. 

6. Consider looking further afield and/or renovating

Many investors seem to look in areas near to where they live however, your town may not be the best area to generate a good profit margin. 
The benefits of casting a wider net are endless for a number of reasons. For instance, you as an investor may live closer to rural areas rather than the city - whereas many tenants are more likely to be located in the city. Even though you may be far from the property, hiring an agency will benefit you as they can keep their eye on it.

In addition, renovation can be very profitable for investors. By doing a property up, your increasing the value of your investment and also advertising a more attractive, current property which will draw in a much wider audience in comparison to a dull, dated interior. 
However, remember that if you do, ensure that the price is low enough not to further yourself in debts that can't be made back off tenant rent.