You would have to have very thick skin to invest in off plan new build apartments in the UK at the moment.
There is a chronic oversupply in city centres however if you can get them at 50-60% bmv at auctions then I think you have a good solid long term investment and you should also be able to get a good yield out of them (if you can get them rented!)
A lot of people bash new builds however I think they are a good choice for the investor who wants to take the hands off approach, the advantages to new builds are the building and structural guarrantees that are in place. Many investors have not got time to worry about fixing boilers etc and these problems will occur with older properties.
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