Friday 9 December 2016

3 Best Buy-To-Let Properties in Stamford & Rutland this week...

Property 1:

3 Bedroom Semi-Detached House For Sale.  £250,000

Churchill Road, Stamford. On the market with Murray Estate Agents
 
Beautifully presented semi in a desirable rental location.  The property  would appeal to young families looking for a long term rental.  It would also make an exceptional property to retire into in the future.  Expected rental return of £825pcm - £850pcm, bringing in a yield return of 3.9% - 4%.  Worth considering purely because there would be no outlay on getting it 'tenant ready'.
Price: £250,000
Rent: £825-850pcm
Yield: 3.9%-4%

 
Property 2:

2 Bedroom Terrace House For Sale.  £139,995

Deans Street, Oakham.  On the market with Murray Estate Agents

Excellent period property located in the heart of Oakham town centre.  This type of property is very much in demand by landlords and tenants.  We manage many properties similar to this and they always attract lots of immediate interest and applications. The achievable rent in its current condition would be in the region of £550pcm which would bring in a return of 4.8%.  A sound investment.

Price: £139,950
Rent: Approx. £550pcm
Yield: c4.8%
Click here to see more details on this property:
http://www.rightmove.co.uk/property-for-sale/property-59973737.html


Property 3:

2 Bedroom Semi-Detached House For Sale.  £179,950
 
Irwell Close, Oakham.  On the market with UPP Property Agents. 
 
We already have 3 investors looking at this property and we have also successfully sold a similar property off market.
 
Highly sought after by both tenants and investors due to the low maintenance and wonderful location. Expected rent return of £650pcm and with a potential purchase of £175,000 we would expect a good yield return of 4.5%.
 
**My investment of the week**

Price: £179,950
Rent: Approx. £650pcm
Yield: c4.5%
Click this link to see more on this property:
http://www.rightmove.co.uk/property-for-sale/property-45844761.html


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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