This week's 3 BEST BUY TO LET DEALS...

Property 1:  Dean Street, Oakham           £65,000

1 Bedroom flat - On the market with Newton Fallowell

Click this link for more details:-
http://www.rightmove.co.uk/property-for-sale/property-3975360.html

Situated in the heart of Oakham town centre is this ideal investment property / 'First Time Buyer' home - a ground floor studio apartment which has recently been modernised and offered to the market with no onward chain.  The property is accessed via Dean Street in to a private courtyard shared with two neighbouring properties.


The property previously let at £375 PCM providing a 6% return.


Price: £65,000
Rent: Approx. £375pcm
Yield: 6%



Property 2: Calder Close Oakham       £175,000
3 Bedroom Semi-Detached house - On the market with Murray Estate Agents

Click this link for more details:-

http://www.rightmove.co.uk/property-for-sale/property-59553086.html

 

Calder Close in Oakham offers a wonderful first time investment. A very solid 3 bed semi-detached home offered in excellent order.  Located in a popular location that traditionally lets out quickly. Our experience shows young families are typically attracted to this genre of property and on average stay for around 3 years.

 

 

Bringing in a rental income of £695pcm, the yield on this purchase will work out at c4.8%

 

Price:  £175,000

Rent: £695pcm

Yield: 4.8%

 

 

 

Property 3: The Leas, Cottesmore    Guide Price £165,000

1 Bedroom Cottage - On the market with UPP Property Agents, call 01572 725 825

 

Click this link for more details:-

http://www.rightmove.co.uk/property-for-sale/property-41966028.html

 

A wonderful one bed cottage situated in the heart of the sought after village of Cottesmore.

 

This cottage was purchased as a rental investment many years ago and has never been empty since, bringing in an income of £495pcm. I have it on good authority that the vendor will look at offers over £145,000 on this property.  Truly one to consider if you’re looking to expand your portfolio.

 

 

Price: £165,000

Rent: £495pcm

Yield: 3.8%

Call: Adrian McCarthy, UPP Property Agents on 01572 725 825

Email: Adrian.mccarthy@upp-property.co.uk

Please remember, if you are considering purchasing 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 please call me on 01780 484 554. 

Alternatively, if you have a property and are unsure of its current value, please contact our sales director, Adrian McCarthy via 01572 725 825 or via email Adrian.mccarthy@upp-property.co.uk

We look forward to hearing from you.

David Crooke

Managing Director, UPP Property Agents

Author of The Rutland and Stamford Property News

Twitter: @UPPproperty  

LinkedIn: David Crooke