Tuesday 5 July 2016

This week's 3 BEST BUY-TO-LET property deals in STAMFORD & RUTLAND


Property 1:
2 Bed Terraced House for sale - £140,000
Ladywell, Oakham.   On the market with Gilbert & Thomas
 

2 bedroom properties within the Ladywell development have always been popular and having 10 properties currently under management with UPP Property Agents, we can give first hand experience that good tenants are always drawn to this part of town. Expected rental income of £575pcm and with a yield of over 4.9% this property has to be highlighted as a solid investment.

 
Price: £140,000
Rent: Approx. £575pcm
Yield: +4.9%
 
Click this link for more details:
 
 
 
Property 2:
2 Bed Terraced House for sale - £159,950
Little Casterton Road, Stamford.  On the market with Newton Fallowell.


A superb opportunity to purchase a fantastic rental investment and bringing in a yield of close to 4.9%. Little Casterton Road is located within a very short walk of the town centre and whilst this property offers 2 bedrooms, the property looks in fantastic condition giving a first time investor the perfect opportunity to take that giant leap to the rental market whilst relaxing in the knowledge that the property is a brilliant investment for the longer term.

Price: £159,950
Rent: Approx. £650pcm
Yield: 4.9%

Click this link for more details:


Property 3:
2 Bed Cottage for sale.  Guide Price £185,000
Church Street, Waltham on the Wolds.  On the market with UPP Property Agents.

A highly desirable village location close to Melton Mowbray, currently let to excellent tenants. The landlords have been achieving £595pcm on this property, but the next rent increase could bring a little more. So, with an expected income of around £625pcm and with the opportunity to purchase this property at £175,000 expect your investment to reach close to 4.3% in a village that could easily be seen as a retirement place as well. The property is old with a modern twist and we have experienced low maintenance with this property.

Guide Price: £185,000
Rent: Approx. £625pcm
Yield: c4.3%
 
Click this link for more details:


If you have seen another investment property and would value a second opinion, please contact me and I would be happy to discuss it with you.

Call: 01780 484 554
Email: david@upp-property.co.uk
Twitter: @UPPproperty

Alternatively, if you have a property and are unsure of its current value, please contact my colleague Adrian on 01572 725 825 or email: adrian.mccarthy@upp-property.co.uk
 

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