Here is what I consider to be the 3 best buy-to-let or first time buy property deals on the Stamford and Rutland property market this week....
PROPERTY 1)
WHERE? Ladywell, Oakham
WHY? First floor maisonette property with 2 bedrooms, gas central heating and allocated parking. Properties on this development are always popular with tenants.
HOW MUCH? OIRO £115,000
FINANCIAL RETURN?
Rent Approx. £495pcm
Annual Income c£5,940
Yield c5.1%
MORE DETAILS? Click here...
PROPERTY 2)
WHAT? 2 bedroom semi-detached
WHERE? John Clare Close, Oakham
WHY? Modern, spacious, ample parking, 2 double bedrooms, good sized rear garden.
HOW MUCH? Guide Price £175,000-£180,000
FINANCIAL RETURN?
Rent Approx. £650pcm
Annual Income c£7,800
Yield c4.4%
Property 3)
WHERE? Gainsborough Road, Stamford
WHY? Good layout with additional benefit of a conservatory, garden with countryside views, 3 bedrooms and a garage.
HOW MUCH? £212,000
FINANCIAL RETURN?
Rent Approx. £750pcm
Annual Income c£9,000
Yield c4.2%
If you are considering investing in property and would like to chat through the figures with me, please contact me.
David Crooke, Owner and MD
David Crooke, Owner and MD
UPP Property, Sales & Lettings
Stamford 01572 725 825 / Oakham 01780 484 554
david@upp-property.co.uk
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