Townhouses could be excellent investments whether you buy to rent, or to live there yourself. However, as with any other property, location is essential when buying a townhouse. You might have to fork out more for a 2-bedroom townhouse in a good location. But when you plan to sell the property in the future, your chances of fetching a higher price will also be much better. Furthermore it will be easier to rent out townhouses that have a central location – preferably with shopping facilities close by, but yet in a quiet neighbourhood – than ones on the outskirts of town. Noise levels should also be considered. Living right next to a busy street, or even a highway, could drive some people insane! Security is one of the single best selling points when it comes to townhouses. However, there is the danger of assuming that you are safe purely because you are in a townhouse. And that might not necessarily be true. Therefore it is very important that you find out exactly how secure the specific complex is before you decide to buy. Of course you need to ensure that the townhouses themselves have proper burglar bars and alarm systems included. If that is not the case, you will be able to up the security once you have bought a property within the complex. But if the fencing around the complex is not secure enough, there won’t be much that you can do about it. The same goes for access to the complex via security gates. The only way of finding out whether the level of security is up to scratch, is by asking occupants in one or two other townhouses in the complex. Ensure that you have enough secure parking for your household. Ideally there would be a lock-up garage for every car in the household, and enough off-street parking spaces for visitors.
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