Buying non-residential properties at auction
24th February 2006
Most people moving gingerly into property investment for the first time quite naturally gravitate towards the residential market. It's what we all know.
We've all lived in a house or a flat at some point in our lives. We've probably rented in the past. We may well be homeowners now.
Buying a second property to renovate, sell or let is a natural progression, if the funds and the will to do it are there.
While there's absolutely nothing wrong with this approach, auctions can throw up a whole host of interesting opportunities that you'd only spot if you were keeping an eye open for non-residential properties, too.
So don't get too hung up on houses, flats and bungalows! There's a lot more variety out there if you care to broaden your scope a little, and consider other, less ordinary types of property investment.
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