Tuesday 21 June 2016

My 3 Best Buy-To-Let Deals this week in Rutland and Stamford...



Property 1:
3 Bed Semi-Detached House For Sale:  £195,000
Drift Avenue, Stamford.  On the market with Newton Fallowell


Perhaps not the best investment for those clients looking for a quick turnaround with new tenants. However, with the opportunity to add value to the property and modify the internals with a basic refurbishment this property would be an excellent rental.


You could expect a return as high as £850pcm should the internal spec be of good quality. Adding in your refurb' costs you could receive a net return of 4.8% yield, let alone capital growth.

Click this link for more details:-
http://www.rightmove.co.uk/property-for-sale/property-60076769.html

Price: £195,000
Rent: Approx. £850pcm
Yield: 4.8%



Property 2:

2 Bed Terraced House For Sale:  £145,000
Deans Street, Oakham.  On the market with Murray Estate Agents


2 bed Victorian mid-terrace cottages in the centre of Oakham are so sought-after, we could have this let by the end of this week!! What I like about these properties is the fact you do get honest long term tenants who make the house a home.
With a monthly return as high as £595pcm the yield is nearly touching 5%. We all know this is an excellent return for Oakham.
 
Click on this link for more details:-
http://www.rightmove.co.uk/property-for-sale/property-59973737.html 


Price: £145,000
Rent: Approx. £595pcm
Yield: c5%


Property 3:
3 Bed Semi-Detached House For Sale:  Guide Price: £195,000
Burley Crescent, Oakham.  On for sale with UPP Property Agents


Our sales director, Adrian McCarthy, has taken on a fantastic Buy-To-Let investment. A large 3 bed semi with driveway, utility, dining room, extended bathroom and a large garden with views over farmland. Expect a return of £695pcm - £725pcm on this property which would bring in a yield of 4.4% (assuming you paid asking price). Adrian tells me the vendor will accept an offer which would push your yield investment up further. One not to miss!



Click this link for more details:
http://www.rightmove.co.uk/property-for-sale/property-42563574.html 

Guide Price: £195,000
Rent: Approx. £695-£725pcm
Yield: 4.4%+
Call: Adrian McCarthy, UPP Property Agents on 01572 725 825
Email: Adrian.mccarthy@upp-property.co.uk



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. Simply email me a link to the property, irrespective of who is marketing it, and I'll happily talk it through with you - good and bad!.

Contact: david@upp-property.co.uk or please call me on 01780 484 554. 

If you have a property and are unsure of its current value, please contact our sales director Adrian McCarthy for an accurate market appraisal.  We are all aware of making first impressions count - but it is crucial to price your house right from the beginning. I have discussed this in a recent article on my blog - please click this link to read the article:
http://rutland-stamford-property.blogspot.co.uk/2016/06/asking-prices-of-stamford-property-down.html


Sales Contact: Adrian.mccarthy@upp-property.co.uk please call Adrian on 01572 725 825

We look forward to discussing property with you.


David Crooke

Managing Director
UPP Property Agents & Author of The Rutland and Stamford Property News

Call: 01780 484 554


Twitter: @UPPproperty  
LinkedIn: David Crooke

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