Thursday 16 March 2017

This week's 3 Best Buy-To-Let Deals generating annual incomes of around £7,500pa & £9,000pa

Property 1

3 Bed Terrace House For Sale.  Guide Price £210,000
Barnack Road, Stamford.  Marketed by Knight Partnership

Ex-local authority properties can carry a stigma sometimes, but, the reality behind these properties are that they are a tremendous rental investment.  Apart from the wonderful space inside the property, they also offer large gardens which is likely to attract tenants seeking longevity.  With a rental income of £750pcm equalling £9,000 per year, the yield return is 4.8%.
 
Guide Price: £210,000
Rent: Approx. £750pcm / Income: £9,000pa
Yield: c4.8%

Click this link for more details on this property:-


Property 2

2 Bed Semi-Detached House For Sale.  Guide Price £172,500
Irwell Close, Oakham.  Marketed by UPP Property Agents

The first of the Oakham properties is this fantastic 2 bedroom modern semi. 

My sales director has reduced this property this week by £7,500 which now makes this property a serious contender for any first time let. 




Offered in excellent order and located with views over neighbouring countryside from the rear, I would expect this property to let at £595pcm - £625pcm, equalling £7,500 per year (max), making the yield return 4.4% (based on a purchase price of £170,000 and a monthly return of £625).

Guide Price: £172,500
Rent: Approx. £595-£695pcm / Income £7,500pa
Yield: c4.4% (based on purchase price of £170k and rent @ £625pcm)
Call: Adrian McCarthy, sales director, UPP Property Agents on 01572 725 825

Click this link for more details on this property:-
http://www.rightmove.co.uk/property-for-sale/property-45844761.html


 

Property 3
 
3 Bed Semi-Detached House For Sale.  Guide Price £179,950
Plover Close, Oakham.  Marketed by UPP Property Agents

In my opinion, there is no better investment property available on the Rutland property market than this 3 bedroom semi detached house.  Currently let by another investment landlord who no longer lives in the area.

The property has been constantly let out to the same tenant for the past 9 years and has generated this investor a total of £61,000 in rental income over that period. Offered with a return of £625pcm and with an expected sale around £170,000 (which is £15,000 under market value btw!) and a yield of 4.4%.
 
Guide Price: £179,950
Rent: Approx. £625pcm / Income £7,500pa
Yield: c4.4%
Call: Adrian McCarthy, sales director, UPP Property Agents on 01572 725 825
 
Click this link for more details on this property:-
 
 
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 email me the details and we can discuss the property further.

David Crooke, Ownerdavid@upp-property.co.uk 


Understanding People & Property

Sales & Lettings




Stamford 01780 484 554 

Oakham   01572 725 825



1 comment:

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