Friday, 26 February 2016

This week's 3 Best Buy-to-Let properties in Rutland and Stamford


Each week I share with you the 3 best buy-to-let properties on the market in Rutland and Stamford, irrespective of which agent they are listed with. 

The properties that have caught my eye this week are:-

Property 1: The Maltings, Mill Street, Oakham.  Guide Price £125,000
2 Bedroom apartment in central Oakham

 
A two double bedroom apartment located in the heart of Oakham.
 
With a return of £550pcm on the rent, the yield return could be as a high as 5.2% which is excellent for Oakham.
 
A 'rare find' in a market deprived of good rental investments.
 



Purchase Price: Guide Price of £125,000
Rent: £550pcm

Call: Adrian McCarthy, UPP Property Agents on 01572 725 825
email: Adrian.mccarthy@upp-property.co.uk 
 

Property 2: West Road, Oakham.  Offers over £150,000
2 Bedroom terraced house

 

West Road is located off Cold Overton Road which is an excellent location for station access for the commuting tenants. This particular property is offered in what looks like excellent order and could be presented to the rental market immediately. With a return of £550pcm this is an excellent investment.


Purchase Price: Offers over £150,000
Approx. Rent: £550pcm

Call: Moores Estate Agents on 01572 366 023

Property 3: Blackthorn, Stamford.  Purchase price £162,500
2 Bedroom Semi-detached house

http://www.rightmove.co.uk/property-for-sale/property-53021068.html  

"Compact and Bijou - it's a great little investment; Blackthorn, Stamford".  Not my words, but the words of the selling agent.  And it's hard to disagree with a rental return of £595-£625pcm - let alone capital growth!  If you're looking to expand your portfolio in Stamford, then I would seriously consider this property.


Purchase Price: £162,500
Approx. Rent: £595-£625

Call: Goodwin Property Services on 01780 695 007

Or if you have seen another great buy-to-let property (again, irrespective of which agency it is listed with) and would like my opinion, please get in touch.  I'd love to hear from you:
David@upp-property.co.uk or call me on 01780 484 554

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