Friday, 10 February 2017

The 3 Best Buy-To-Let Deals on this week's Rutland & Stamford Property Market

PROPERTY 1
3 Bedroom Semi-Detached House.  Offers Over £199,950
Burley Crescent, Oakham.  Marketed by Moores Estate Agents
  
A well renovated property can be as good as buying a new build. This property was purchased some 6 months ago, has since undergone extensive refurbishment and is now presented to a very high standard. The location could one be one to consider as it’s slightly out of town. However, the rental return is a no brainer. With a monthly rental valuation at approx. £750pcm, this brings in a yield of 4.5%

Price:  Offers Over £199,950
Rent: Approx. £750pcm
Yield: c4.5%

Click this link for more details on this property:
http://www.rightmove.co.uk/property-for-sale/property-64565354.html

PROPERTY 2
3 Bedroom Terraced House.  Offers In Excess Of £150,000
Edinburgh Road, Stamford.  Marketed by Sharman Quinney
 
Here is a property that is both affordable and would bring in a good yield once the property has been updated to a good rental spec. You could spend c£10k on bringing the property to life and with the location the property sits in, I would expect an income of £725pcm. The net yield would be 4.5% and I have taken into consideration the extra £10k spent.

Price: OIEO £150,000
Rent: Approx. £725pcm
Yield: c4.5% - taking into account £10k renovation costs

Click this link for more details on this property:
http://www.rightmove.co.uk/property-for-sale/property-63746387.html

 
PROPERTY 3
2 Bedroom Semi-Detached House.  Guide Price £169,950
Drift Avenue, Stamford.  Marketed by UPP Property Agents


Another Stamford 'gem' this week, this 2 bedroom end terrace property is located close to the college, shops and walking distance to the town. Highly sought after by young families and presented in excellent order - a great investment opportunity.

My sales director Adrian informs me an offer
of £160,000 would be welcomed by the vendors, thus achieving a yield of 4.7%



Guide Price: £169,950
Yield: c4.7% based on purchase price of £160k

Click this link for more details on this property:
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



1 comment:

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