This week's 3 Best Buy-To-Lets in Stamford & Rutland are...

Property 1:  4 Bed Semi-Detached House For Sale.  £210,000

Empingham Road, Stamford - On the market with Nest Estates

 

A 4 bedroom semi detached property that will not hang around too long on the open market. This property is located within striking distance of Malcolm Sargent Primary School and will be very popular among long term tenants with young families. You’d be typically looking at min stay of c3years with this investment and with a return of £875pcm on the rent the yield is exactly 5% (based on asking price).

Price: £210,000
Rent: Approx. £875pcm
Yield: 5%, based on asking price

Find out more, click: http://www.rightmove.co.uk/property-for-sale/property-59137178.html

Property 2:   3 Bed Semi-Detached House for Sale.  £190,000
Ashwell Road, Oakham - On the market with Purple Bricks

A superb rental investment and offered in what looks like good order. The property could be bought and presented to the rental market immediately, thus gaining an income straight away. You would see a return of c£675pcm - £695pcm on this investment and that would bring in average yield of 4.3%. We let a larger property on Ashwell Road last week at £750pcm and had 5 viewings within 24 hours with 2 applications. They let out very well indeed.

 

Price: £190,000

Rent: Approx. £675-£695pcm

Yield: 4.3%

Find out more, click: http://www.rightmove.co.uk/property-for-sale/property-60743291.html

Property 3:   2 Bedroom Barn Conversion for Sale.  Guide Price of £225,000
Barlow Road, Oakham - On the market with UPP Property Agents

A simply stunning barn conversion located right in the heart of the town centre. Bringing in a very respectable return of £725pcm this property offers more than just its location. The property has won awards for its design and would be an excellent purchase with the prospect of perhaps living in it personally at a later date. It is a cracking all rounder. The yield return is perhaps lower than you would like at 4.1% but you’d be buying a property that would be highly in demand, so expect minimal void periods.

 

 

 

Guide Price: £225,000

Rent:  Approx. £725pcm

Yield: 4.1%

Find out more, click: http://www.rightmove.co.uk/property-for-sale/property-60751709.html


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 McCarthy on 01572 725 825 or email: adrian.mccarthy@upp-property.co.uk