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Richard Wakelin

How to stop the neighbours ruining your investment property

The best way to avoid costly disputes is through open communication, a knock at the front door and a cup of tea.

While investors quite rightly have their own asset front of mind, it can pay to keep an eye on your neighbouring properties.

That’s because major changes next door can have a detrimental impact on adjoining properties, derailing capital growth and rental potential. A once-unobtrusive, neighbouring property can all too quickly become an overbearing intrusion, an ugly eyesore, a derelict dump, or a noisy building site.

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Richard Wakelin is a founder of buyers' agent Wakelin Property Advisory.

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    Original URL: https://www.afr.com/wealth/personal-finance/how-to-stop-the-neighbours-ruining-your-investment-property-20220919-p5bjbb