However, if you have seen another property and would like to discuss it's pro's and con's with me, please get in touch with me via David@upp-property.co.uk or call me on 01780 484 554.
Alternatively, if you have an investment property and are unsure of its current value, please contact my colleague Adrian McCarthy via 01572 725 825 or via email Adrian.mccarthy@upp-property.co.uk
So, here's my popular '3 best buy-to-let deals' on the market this week in Rutland and Stamford...
Property 1: Wreake Way, Oakham. £149,950
2 bed terraced house for sale. Murray Estate Agents.
Click this link for more details:
Rental properties off Welland Way in Oakham are always highly desirable,
especially this particular find.
Offered in what looks like
outstanding decorative order and with an income of £595pcm the yield on this
property is in excess of 4.7% and with good capital growth available.
Nairn Road in Stamford has always been a good investment area for B-T-L
investors. They offer fabulous size properties and with local schools literally
on your doorstep, tenants will generally stay longer in this type of property.
Offered with an income of
£675pcm it makes the yield over 5% which is excellent.
Price: £160,000
Rent: Approx. £675pcm
Yield: +5%
Call: Knight Partnership on 01780 695 019
Property 3: Launds Green, South Witham. OIEO £92,950
2 bed terraced house for sale. UPP Property Agents.
http://www.rightmove.co.uk/property-for-sale/property-41603598.html
If you’re willing to expand your search a few miles then you can pick up a property with a yield of 6%. The South Witham rental market is growing as the village becomes ever more popular and is becoming a popular location to set up home.
Rental tenants tend to be the younger generation with these properties, but they will tend to 'put down roots' and stay longer as the family begins to grow. Expect an income of £450pcm on this property – a superb investment.
Price: Offers in Excess of £92,950
Rent: Approx. £450pcm
Yield: 6%
Call: Adrian McCarthy on 01572 725 825
Email: Adrian.mccarthy@upp-property.co.uk
David Crooke david@upp-property.co.uk Tel: 01780 484 554
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