This week's 3 Best Buy-To-Let Deals in Rutland and Stamford

Property 1:

2 Bed Flat For Sale.  £117,500
North Street West, Uppingham.  On the market with Moores.

 

I’ve picked out this apartment because it is close the centre of the town, appears to be in excellent order and with an income of £495pcm this property would easily bring in over 5% yield. We have recently let 2 terraced properties in Uppingham and both properties had 3 - 4 tenancy applications each.

 

This property looks to have been refurbished already and would, therefore, bring in a quick rental income.

 

Price: £117,500

Rent: Approx. £495pcm

Yield: +5%

Click here for more details on the property:

 http://www.rightmove.co.uk/property-for-sale/property-61379228.html

Property 2:

 

2 Bed Terrace House For Sale.  £295,995

St. George's Square, Stamford.  On the market with Martin & Co.

 

I have selected this Stamford property because we have investors asking about long term house prices in the town. This period town house will always be in demand from purchasers because it is what buyers and tenants are looking for. To be able to purchase this let it out long term, then either sell or live in, is a true attraction. Rental income of c£895pcm - £950pcm. Admittedly the yield scratches 4%, but I’m sure there is a deal to be done here.

Price: £295,995
Rent: Approx. £895-£950pcm
Yield: c4%
Click here for more property details:
http://www.rightmove.co.uk/property-for-sale/property-61369568.html

 

Property 3:
2 Bed Apartment For Sale.  Guide Price £125,000
The Maltings, Mill Street, Oakham.  On the market with UPP Property Agents.

 

This spacious 2 double bedroom town centre apartment was sold (stc) but has fallen through this week. It is a brilliant investment because the figures work. With an offer £120,000 and a rental income of £550pcm the yield return is over 5.5%. I would actually ask for an income of £595pcm on this property, which would push the yield up to close to 6% - an outstanding return for the buoyant Oakham market.

 

 

 

 

Guide Price: £125,000

Rent: Approx. £595pcm

Yield: +5.5%

 

Click here for more details and photos:

http://www.rightmove.co.uk/property-for-sale/,property-43873119.html

 

 

If you are considering purchasing a different investment property, and would like to discuss it in detail, please contact me via: david@upp-property.co.uk or call 01572 725 825

 

Alternatively, if you have a property and are unsure of its sales or rental value, please contact UPP Property Agents on 01572 725 825.