Thursday 13 July 2017

This week's 3 Best Property Deals with yields of 4.6%-5.3%


As the owner of an estate agency with offices in Oakham and Stamford, I track rental demands and monitor property trends across the area on a daily basis. 

Each week I pick the 3 best properties available from all the estate agents that I believe may make decent property buys, be they buy-to-let investments or for homeowners.

Therefore, this week I have solely focussed my attention on the Oakham property market, and all 3 of these great contenders are in walking distance to Oakham Railway Station - a factor that is becoming increasingly important to our property hunters.  "Location, location, location!"

Property 1
Guide Price £142,995
John Clare Close, Oakham.  On the market with UPP Property Agents

Modern, energy efficient and very well presented 2 double bedroom apartment with allocated parking and communal garden.  Great location within easy walk to railway station, town centre, college, schools and all amenities.  It's 'tenant-ready'!

 
Guide Price: £142,995
Rent: Approx. £550pcm
Yield: c4.6%
Income: £6,600




Click this link for more details:
Offers in Excess of £135,000 - Recently reduced in price.
Kings Road, Oakham.  On the market with Excel Estate Agency, Skipton
 
2 Bedroom end of terrace house with gas central heating, double glazing and good sized rear garden.  Situated within easy walking distance to the town centre.  
 
OIEO: £135,000
Rent: Approx. £525pcm
Yield:4.6%
Income: c£6,300

Click this link for more details:-
http://www.rightmove.co.uk/property-for-sale/property-66426776.html


Property 3
Please note, this property is for investors only - The property is under tenancy until May 2018 and, therefore, can only be purchased at present to the buy-to-let investment market.

It's a wonderful ground floor apartment within a modern and well located development allowing convenient walkable access to the town centre. Presented in good order and with allocated parking and a communal garden.  Remember, there's already a tenancy in place until May 2018!

Guide Price: £117,500
The Sidings, Oakham.  On the market with UPP Property Agents

Guide Price: £117,500
Rent: Approx. £525pcm
Yield: 5.3%
Income: c£6,300




Click this link for more details:
http://www.rightmove.co.uk/property-for-sale/property-48599085.html

To discuss any of the above, or if you are considering a different property and would like to discuss it with me, please call me on 01572 725 825 or email me via david@upp-property.co.uk

David Crooke
Owner, UPP Property Agents

1 comment:

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