My pick of the 'Best Buy-To-Lets' on Stamford's Property Market this week...

4 GREAT properties to choose from this week... but don't delay!

PROPERTY 1

2 Bedroom End of Terrace.  Guide Price £150,000
Kings Road, Oakham.  Marketed by Moores Estate Agents 

 

West Road properties have become highly desirable over the years, especially as they provide excellent rear gardens to accommodate tenants with expanding families.  This property has been refurbished and provides any landlord with a low maintenance property. Rental income would be in the region of £595pcm and the yield would come in at 4.7%.

Guide Price: £15,000

Rent: Approx. £595pcm

Yield: c4.7%

 

Click this link for more details:

http://www.rightmove.co.uk/property-for-sale/property-63298178.html

PROPERTY 2

3 Bedroom Terraced House.  £170,000
Perth Road, Stamford.  Marketed by Leaders.

The "Scottish Estate” in Stamford comes highly recommended whether you are a first time investor or a landlord looking to expand your portfolio.  Highly desirable properties normally attract longer term tenants, especially as they offer a wonderful living space and good rear gardens.  This property appears to represent excellent value for money, with a rental return of £795pcm, the calculated yield is a very good 5.6%  - rare for Stamford!

Price: £170,000
Rent: Approx. £795pcm
Yield: c5.6%

Click this link for more details:

http://www.rightmove.co.uk/property-for-sale/property-57853405.html

PROPERTY 3

2 Bedroom End of Terraced House.  Guide Price £169,995
Radcliffe Road, Stamford.  Marketed by Sowden Wallis.

Another excellent find this week is this two bed end of terrace property located within a short walk of the town centre. We currently let out a few properties along this road and the demand for this properties is amazing. We would expect this property to be let out by the time you have finished reading this article. Rental return of £625pcm/£650cm and a yield return of 4.6%

 

Guide Price: £169,995

Rent: Approx. £625/£650pcm

Yield: c4.6%

 

Click this link for more details:

http://www.rightmove.co.uk/property-for-sale/property-64403345.html


PROPERTY 4

2 Bedroom Semi-Detached House.  Guide Price £169,950
Drift Avenue, Stamford.  Marketed by UPP Property Agents.

A wonderful first time investment for anyone looking to dip their toe into the water. This modern house would be relatively low maintenance and has recently had both the kitchen and bathroom replaced, taking out a big expense.  The property is presented beautifully and would pull in a rental return of £650pcm and we have it on good authority that the vendor would accept an offer of £165,000 making the yield an impressive 4.7%


Guide Price: £169,950
Rent: Approx. £650pcm
Yield: c4.7%

Click on this link for more details:
http://www.rightmove.co.uk/property-for-sale/property-46688709.html

If you would like to discuss any of the above in more detail with me, or if you are considering investing in a different property, just send me the details and we can discuss it in detail - good and bad!

David Crooke, Owner
david@upp-property.co.uk

Understanding People & Property

Sales & Lettings





Tel: Stamford 01780 484 554     Oakham 01572 725 825