Thursday 15 December 2016

This week's 3 BEST Buy-To-Let Opportunities in Stamford & Rutland

PROPERTY 1

3 Bedroom Semi-Detached House - £195,000

Cresswell Drive, Cottesmore.  On the market with Gilbert & Thomas
 
Cottesmore is a most underrated Rutland village.  We manage lots of properties in this village and they come highly sought after by young families (particularly military families), who look for a long term tenancy, not a quick 6 month let.  With an expected rental return of £750pcm, the yield would come in at just over 4.6% which is above the average for Rutland.
Price: £195,000
Rent: £750pcm
Yield: c4.6%

Click this link for more details on this property:-

PROPERTY 2

3 Bedroom Town House - £189,950

Mallard Court, Oakham.  On the market with Newton Fallowell

These town house properties make wonderful investments - especially as they are still fairly young in terms of the build and come with very low maintenance, which is something I would always recommend if you are a first time investor looking for a steady and solid first time purchase.  With a return of £725pcm and yield of close to 4.6%, this property would come highly recommended.
Price: £189,950
Rent: £725pcm
Yield: c4.6%
 
Click this link for more details on this property:-
http://www.rightmove.co.uk/property-for-sale/property-45875874.html  


 
PROPERTY 3
 
7 Self-Contained Flats - £850,000
 
Stamford Town Centre.  On the market with UPP Property Agents
 
For the more serious property investor, we are delighted to be marketing an opportunity to purchase a FREEHOLD Georgian building of 7 self-contained apartments with an estimated 20% return.

All 7 properties are currently let out on AST’s and with a basic renovation we believe there is a massive opportunity for a gross yield of 4.5-5% with scope to increase rents.  Available at around £850,000 in its current condition.

Price: £850,000
Yield: c4.5-5%
 
Click here for more details:
http://www.rightmove.co.uk/property-for-sale/property-45935421.html

To discuss further and to arrange a viewing, please call:
Adrian McCarthy, Sales Director, UPP Property Agents on 01780 484 554
 
 
 
 
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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