Wednesday 15 February 2017

The 3 Best Buy-To-Let Deals on this week's Stamford & Rutland property market


Property 1
2 Bedroom Apartment For Sale.  Guide Price £100,000
Edward Street, Stamford.  On the market with Murray Estate Agents
 
Not the most attractive of properties but the value of this property is unquestionable. Offered to the market at what is clearly below market value (please contact the agent to discuss), this property offers tremendous value for money.  I would expect a rental income of c£575pcm which, based on its asking price, is a yield close to 7%. There is some work required to bring this property up to good spec -  and I would be happy to discuss this in more detail with you.

Guide Price: £100,000
Rent: Approx. £575pcm
Yield: 7%
Click this link for more details on this property:
http://www.rightmove.co.uk/property-for-sale/property-58069165.html


Property 2
2 Bedroom Apartment For Sale. Guide Price £119,950
The Sidings, Oakham.  On the market with Moores Estate Agents

Our sales department have sold a similar property to this one in the same block recently (Penthouse Suite). We recommend The Sidings for its sought after location as much as its rental income. With a an expected income of £550pcm - £575pcm, the yield based on the lower figure would work out 5.5%. Fantastic value for money and a really great first investment.

Guide Price: £119,950
Rent: Approx. £550-£575pcm
Yield: 5.5%
Click this link for more details on this property:
http://www.rightmove.co.uk/property-for-sale/property-46855656.html
 
 
Property 3
3 Bedroom Detached House For Sale.  Guide Price £210,000
Mountbatten Road, Oakham.  On the market with UPP Property Agents
 
This property has been under offer for a couple of months, but has recently fallen through close to exchange.  It is a fantastic property should you be looking for your first investment (it would some need cosmetic renovation work), or if you’re looking to flip a property for the first time. Offered to the market at £200,000 and with a return of £750pcm this yield is 4.5%.  Please note the bathroom would need replacing and new carpets fitted to achieve this.


Guide Price: £210,00
Rent: Approx. £750pcm
Yield: 4.5%
 
Click this link for more details on this property:
http://www.rightmove.co.uk/property-for-sale/property-46837449.html

Call: Adrian McCarthy Sales Director, UPP Property Agents on 01572 725 825


If you would like to discuss any of the above in more detail with me, or if you are considering investing in a different property, just send me the details and we can discuss it in detail - good and bad!

David Crooke, Owner
david@upp-property.co.uk 

Understanding People & Property

Sales & Lettings





Tel: Stamford 01780 484 554     Oakham 01572 725 825



 
 
 
 
 

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