Monday 10 October 2016

Here are this week's 3 Best Buy-To-Let Deals...

Property 1:

3 Bed End of Terrace House for Sale   £155,000
Tolethorpe Square, Stamford.  On the market with Knight Partnership.
 

Probably the best buy-to-let property to come to market over the past 4 weeks...
 
We always get asked for this type of property from young families looking for a longer term let.  3 bed semi's are highly sought after and with longevity this property has to be high on any investors priority list. Offered with a current rent of £695pcm and based on its asking price, the yield would come in at 5.3%. It's a wonderful investment, if you are a first time landlord.

Price: £155,000
Rent: Approx. £695pcm
Yield: c5.3%

Click this link for more details on this property:
http://www.rightmove.co.uk/property-for-sale/property-56391751.html
 
 
Property 2:
 
3 Bed Semi-Detached House for Sale   £187,500
Heath Drive, Cottesmore.  On the market with Murray Estate Agents.

If you're an investor looking for long term investment, look no further than Oakham's surrounding villages for a fantastic market.  With this great 3 bed semi, not only would you be the beneficiary of capital growth, you’d also find yourself with long term tenants paying c£725pcm which would bring the yield in at 4.6%.
 
It’s also the type of property where you could add value to at a later date with an extension (STLPP).
 
Price: £187,500
Rent: Approx. £725pcm
Yield: c4.6%

Click this link for more details on this property:



Property 3:

1 Bed Apartment For Sale   Guide Price ££95,000
West Walk, Oakham.  On the market with UPP Property Agents.

This 1 double bedroom apartment benefits from allocated parking and is located close to Oakham train station, yet comes without the noise pollution the station brings.  We have had this property let out for the last 6 years to the same tenant but now the property could do with a little uplift to bring the rent back in line with market rate.  Currently achieving £395pcm (below market rate) and with a purchase price of £90,000 the yield would come in at 5.2%
 
 
Guide Price: £95,000
Rent: Approx. £395pcm
Yield: c5.2%
 
Click this link for more details on this property:
http://www.rightmove.co.uk/property-for-sale/property-39923388.html




If you would like to discuss any of these in more detail, or if you are considering another property, please do get in touch with me.  I am here to help and will be glad to discuss any property with you.

David Crooke, Owner and Managing Director

UPP PROPERTY AGENTS
Understanding People and Property

We are here to help you buy, sell, rent and manage your homes and property investments.

Email: david@upp-property.co.uk

Stamford: 01780 484 554      Oakham: 01572 725 825
      

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