Property 1: Dawson Court, Oakham - Offers Over £150,000
4 Bedroom town house for sale. On the market with Moores Estate Agents
A 4 bedroom town house located off Station Road in Oakham has to be one of
the star rental investments I have come across since we started the blog.
This
property would achieve £695pcm (easily!) and based on its asking price, that is
a yield of over 5.5%. Fantastic return for the local market. The property
offers close proximity to the town and the station – always a winner amongst
the commuters. We could have this property let by the end of this week if it
was available to let.
Click this link for more details:
Price: Offers Over £150,000
Rent: Approx. £695pcm
Yield: c5.5%
I’ve said it before and I’ll say it again, these 3 bed terrace properties in
Stamford are a tremendous investment. Always let with long term tenants and
within good proximity to schools, shops and the town centre. I call these
properties the best “all rounders” - typically a good size property and with a
rental return of £750pcm this would bag a yield of 5.2%. Excellent return for Stamford
and one that would let out very easily indeed.
Property 3: Launds Crescent, South Witham - Offers in Excess of £94,950
2 bedroom terrace house for sale. On the market with UPP Property Agents
How about looking at extending your portfolio to the ever popular village of
South Witham?
A village very much on the up and with capital growth increasing
every year as the demand for the village becomes stronger, there is no better
yield available within the market we operate in.
This property would bring you
£495pcm and that is an OUTSTANDING yield of over 6.3%!!
Properties on this street were
selling at mid £70,000’s a few years ago. So, this one is definitely worth considering for
the savvy rental investors amongst you.
Click this link for more details:
http://www.rightmove.co.uk/property-for-sale/property-41603598.html
Price: OIEO £94,950
Rent: Approx. £495pcm
Yield: Over 6.3%
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.
Email: david@upp-property.co.uk or please call me on 01780 484 554.
And finally, I was recently asked about the difference between ASKING PRICES and HOUSE VALUES, and my response concluded with the importance of being realistic from the beginning. If you have a property and are unsure of its current value, please contact our sales director Adrian McCarthy.
Email: Adrian.mccarthy@upp-property.co.uk. or 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
UPP Property Agents & Author of The Rutland and Stamford Property News
Call: 01780 484 554
Twitter: @UPPproperty
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