My pick of the 3 Best Buy-to-let deals on the market in Stamford & Rutland this week...

Property 1:
3 Bed End of Terraced House For Sale  £159,995
Charles Road, Stamford.  On the market with Rosedale's

 

I would suggest a small budget for updating and modernising this great 3 bed property.  It could be let out in its current condition but, to be able to attract the long term young families, I would suggest spending a moderate amount bringing the décor up to modern standards and tenants' expectations.  I would expect a rental return of £750pcm in good condition, with a yield of c5.6% based on its asking price.

Price: £159,995

Rent: Approx. £750pcm

Yield: c.5.6%

Click this link for more details on this property:

http://www.rightmove.co.uk/property-for-sale/property-62690021.html

Property 2:
2 Bed Terraced House For Sale  £180,000
Radcliffe Road, Stamford.  On the market with Knight Partnership.

This property is sought after, and could be let by the time you finish reading this!   At present, 2 bed terrace properties close to Stamford town centre are probably the most 'in demand rental investment'.  This particular property looks to be in very good condition and would be ready to go!  Rental income of £650pcm and based on asking price, the yield would be c4.3%.

Price: £180,000
Rent: Approx. £650pcm
Yield: c.4.3%
Click this link for more details on this property:

http://www.rightmove.co.uk/property-for-sale/property-56662138.html

Property 3
3 Bedroom Terraced House For Sale.  Guide Price £199,950
Hornbeam Lane, Uppingham.  Marketed by UPP Property Agents.

Uppingham is a good property market in to invest in, if you are looking for a sensible first time let.  We have lots of investors that own property in the town, as they look at the property as a long term home for themselves, as well as a good rental income in the meantime.

 

Expect a rental income of around £725pcm, which is a yield of 4.4%, making this an all round excellent purchase.

 

 

 

Guide Price: £199,950

Rent: Approx. £725pcm

Yield: c4.4%

Click on this link for more details on this property:

http://www.rightmove.co.uk/property-for-sale/property-44227128.html

If you would like to discuss any of these in more detail, or if you are considering investing in a different property, please do get in touch with me.  I am here to help and will be glad to discuss any property with you.

David Crooke, Owner

UPP PROPERTY AGENTS - Sales & Lettings

Understanding People and Property



Email: david@upp-property.co.uk
Stamford: 01780 484 554      Oakham: 01572 725 825