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£100k Deposit + UK Flat: How do I BTL remotely?

Started by Kamila, May 21, 2025, 01:22:38 PM

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Kamila

I am hoping to get some insights! I'm ready to jump into the UK property market with 2-3 BTL flats. I'm trying to figure out the best way forward.
Here is the situation:
•   Expat > £100k deposit > £400k mortgage-free flat (looking to re-mortgage for more capital) > Need fully managed properties (hands off) > want a long-term investment (20+ years, capital growth + some monthly cash flow)
•   Target: 2-3 flats
I am looking at two options:
•   Option 1: Property investment companies.
o   Cons: Not keen on off-plan/new builds – too risky for me! > concern over fees + % they take.
•   Option 2: Searching the Market myself.
o   The idea: I search the market > visit a few locations > learn about the area > make under market value offers on a number of properties > buy > get local lettings company to manage.
o   Cons: I don't intimately know areas >  can't do any work on properties while abroad.
o   Question: Are there companies that can manage light refurbs e.g., painting, small facelift? What is your experience with these?
So, the big question is, option 1 or option 2?
Are there any other options I haven't even considered that might be a better fit?
Any advice, or just a friendly nudge in the right direction would be hugely appreciated!

jpkeates

Why have you decided to invest in property? It seems an odd choice.