Is It Still Worth Buying a Property to Rent Out in South Ockendon?
With so many rule changes and rising costs, lots of people are asking, is it still worth buying a property to let? We look at the pros and cons, what’s happening with big investors, and how local landlords can still make it work with the right setup and advice.
Over the years, buying a property to rent out has been a popular way for people to build wealth and create a steady income. But with mortgage rates higher, more government rules coming in, and the new Renters’ Rights Act 2025 now law, many people are wondering if buy-to-let is still worth it.
At the same time, something very interesting is happening, huge investment companies from around the world are pouring money into UK property. These big firms are buying thousands of homes to rent out long-term. So if it’s no longer worth it, why are they doing it?
Let’s look at the good and the bad, and what it really means if you’re thinking about investing in South Ockendon.
Why big investors are buying more homes
For years, the UK hasn’t built enough houses. More people need homes to rent, and that means strong demand for landlords, whether small or large.
The government has also encouraged “build-to-rent” projects, where new flats and estates are built just for renting rather than selling. Big investors, like pension funds and overseas companies, love this because it gives them steady, long-term income.
So while small landlords may feel squeezed by taxes and rules, these global investors see renting as a safe and reliable business. That tells us one thing clearly: property still makes sense, if it’s done right.
The pros of buying a property to let
1. Strong demand
People will always need homes. In South Ockendon, rental demand remains high because of good transport links, local schools, and value for money compared to London.
2. A solid, physical investment
Property isn’t like stocks or crypto, it’s something you can see and touch. Over time, it usually grows in value, especially in well-connected areas like Thurrock.
3. Monthly income
Rent from tenants can provide a regular extra income on top of your salary or pension.
4. Long-term potential
Property values in South Ockendon have increased steadily over the years. Many landlords think long-term and plan around 10 or 20 year gains.
5. You can control your investment
Unlike most other investments, you can choose your tenants, manage the property well, and improve its value through good maintenance or upgrades.
The downsides to think about
Of course, being a landlord isn’t as easy as it used to be.
1. Mortgage costs are higher
Buy-to-let mortgages cost more than normal home loans, and lenders check that the rent will more than cover repayments.
2. More rules to follow
The new Renters’ Rights Act 2025 will change how landlords can end a tenancy, and there are already lots of checks and certificates you must have: gas safety, EPC, deposit protection, and more.
3. Tax has changed
Over recent years, landlords have lost some of their tax breaks. You can still make a good return, but it needs proper planning.
4. Tenant issues
Managing repairs, rent arrears or disputes can be stressful. Using a good letting agent makes a big difference.
5. Unexpected costs
Boilers break, roofs leak, and regulations change, so you always need to budget for the unexpected.
The truth is, being a landlord now takes more effort and knowledge, but it’s still a great way to build long-term wealth if you approach it like a business.
How to do it right
The key to success today isn’t luck, it’s structure and advice.
Here’s what every new landlord should think about:
- Get financial advice before you buy. Should you own it personally or through a company? It can make a big difference to your tax bill.
- Budget properly. Include maintenance, insurance, safety checks, and potential void periods where no rent is coming in.
- Use a trusted local letting agent. They’ll handle the legal side, keep you compliant, and help you find reliable tenants.
- Think long-term. Property isn’t a get-rich-quick plan. It’s about building value and stability over time.
Done properly, property investment can still offer great rewards, especially in areas like South Ockendon, where rental demand stays strong.
Our view at M&P Estates
We’ve been helping landlords in South Ockendon for over 27 years, and we’ve seen every market cycle: boom, bust, and everything in between.
Yes, there are more rules now, but those who take the right advice and plan well are still seeing excellent returns. The global giants might be snapping up homes, but local landlords who focus on quality and care can still succeed and often outperform them by knowing their area better.
Thinking about buying your first buy-to-let or expanding your portfolio?
Get local, honest advice before you invest.
📞 Call MP Estates on 01708 851999
🌐 Visit www.mpestates.co.uk
Let’s talk about your goals, the right structure, and how to make your investment work for you, not against you.
