Monday 25 April 2016

This week's 3 Best Buy-to-let deals in Stamford and Rutland

Property 1: Kestrel Road, Oakham £175,000
3 Bed semi-detached house, on the market with Newton Fallowell
 
Click this link for property details:
 

Newton Fallowell are offering this wonderful semi-detached property to the market at £175,000. This property would make a fantastic investment for someone who already has a portfolio and is looking for the next sound rental.

Offered with three bedrooms and in what looks like excellent order you could expect a return of £675pcm - £695pcm which is close to 4.7% yield. Very good for the Oakham rental market.
Price: £175,000
Rent: Approx £675-£695pcm
Yield: 4.7%
 
 
 
Property 2: Sandringham Close, Stamford £170,000
3 Bed terraced home, on the market with Sowden Wallis
 
Click this link for property details:
 

Sowden Wallis appear to have listed the best rental investment to the market over the last 7 days. In a highly sought area after and always in high demand by tenants, this property has been extended to offer a wonderful rear expansion of the ground floor and again, is in good order throughout.
 
The more serious investors will be interested in this property, as the rental income will be at least £695pcm thus bringing in a yield of nearly 5% (4.9%) - which is fantastic for Stamford.
 
Price: £170,000
Rent: Approx. £695pcm
Yield: 4.9%
 
 
 
Property 3: Tixover Grange, Tixover.  Guide Price £157,000
2 Bed apartment for the over 55's, on the market with UPP Property Agents
 
Click this link for property details:
http://www.rightmove.co.uk/property-for-sale/property-41110122.html 


We have listed this over 55's apartment and I bring it to your attention for purely it's longevity. Rarely does a over 55's property come to the rental market, which, in its own right isn't strange.

However, with more and more homeowners cashing in on their investments, a large number are preferring to rent.

This property would generate an income of £595pcm - £625pcm, bringing in a yield of 5% with it. A serious contender and a hidden gem this week.


Guide Price: £157,000
Rent: Approx. £595-£625pcm
Yield: 5%
Call:    Adrian McCarthy, UPP Property Agents on 01572 725 825
Email: Adrian.mccarthy@upp-property.co.uk 



If perhaps you have your eye on a different investment property to the above and would like to discuss it with me, please do get in touch either by email via david@upp-property.co.uk
 or call me on 01780 484 554

Alternatively, if you have an investment property and are unsure of its current value, please contact my colleague Adrian McCarthy via 01572 725 825 or via email Adrian.mccarthy@upp-property.co.uk
 

We look forward to hearing from you.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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