Monday 18 April 2016

This week's 3 best buy-to-let deals in Rutland and Stamford...

Property 1: Coleridge Way, Oakham. Offers Over £190,000
3 Bed townhouse for sale, on the market with Moores Estate Agents
 
 

Starting with a property in Oakham, these town houses are fantastic rental investments, and bring in a decent rental income too.
 
You can expect to achieve £750pcm - £800pcm depending on its condition and if you're new to the rental market then this property would be a very sound start!
 
Price: Offers Over £190,000
Rent: Approx: £750-£800pcm
Call: Moores Estate Agents on 01572 366 023
 
 
Property 2: Girton Way, Stamford.  £115,000
1 Bed apartment for sale, on the market with Richardson's Estate Agents
 

The Stamford rental market continues to go from strength to strength and if you're nervous about splashing out on your first property in Stamford, then why not start with this property?
 
Low maintenance, a sought after rental property and with an income of £500pcm - £550pcm it certainly brings in a good yield.

Price: £115,000
Rent: Approx £500-£550pcm
Call: Richardson's Estate Agents on 01780 695 017
 
 
 
Property 3: West Walk, Oakham.  Guide Price £99,950
1 Bedroom flat for sale, on the market with UPP Property Agents
 


I am again highlighting this property as a sound investment because the tenant would like to stay on when sold.

The current rental market value is £425pcm - £450pcm and that sort of yield is very hard to come by in Oakham.

With the tenant willing to remain at the property, it will be an excellent investment with immediate income.


Guide Price: £99,950
Rent: Approx £425-£450pcm
Call: Adrian McCarthy, UPP Property Agents on 01572 725 825


If you are considering purchasing a property locally and would like to discuss it with me, or if you already own an investment property and you have some questions regarding it, please contact me via david@upp-property.co.uk or call me on 01780 484 554.  I look forward to hearing from you.

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