Friday 18 November 2016

This week's 3 Best Buy-To-Let Deals on the Rutland & Stamford property market with 4.3% - 5.5% yields


Property 1:
2 Bed Terraced House for Sale.  £175,000
Radcliffe Road, Stamford.  Marketed by Knight Partnership
 
Radcliffe Road is a highly desirable, sought after location in Stamford and these period terrace properties never fail to let.  Offered with a rental income of £625pcm, the yield return comes in at 4.3%. But, more importantly, the property would have little to no void periods, providing an all round rental income.

Price: £175,000
Rent: Approx. £625pcm
Yield: c4.3%
Click this link for details on this property:


Property 2:
2 Bedroom Coach House for Sale.  £145,000
The Maltings, Ascot Close, Oakham.  Marketed by Belway Homes

With so many new build properties being built in Stamford & Rutland, it can be hard to ignore that there are some hidden gems available if you’re prepared to purchase a new build.
 
This coach house comes with 2 bedrooms and would be available from new and would provide 'the edge' over other available rental properties on the market.  With a rental return of £625pcm, the yield would come in at £5.2% (based on a purchase of £145,000).  In some cases the developers of new builds might even offer a discount for a quick completion.
 
Price: £145,000
Rent: Approx. £625pcm
Yield: c5.2% (based on purchase price of £145,000)
Click this link for more details on this property:


Property 3:
2 Bedroom Apartment for Sale.  Guide Price £119,950
The Sidings, Oakham.  Marketed by UPP Property Agents

Another wonderful rental property to hit the market this week is this 2 bedroom modern apartment, located within close proximity to the train station and the town centre.
 
The rental income on this block of flats has steadily increased and they now command a rental income of £550pcm, which is a gross yield of 5.5%.
 
 
 
 
Price: £119,950
Rent: Approx. £550pcm
Yield: c5.5%
Click this link for more details on this property:
 

If you would like to discuss any of these properties 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
 


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