Tuesday, 18 April 2017

3 Best Buy-To-Let Deals on this week's property market, with incomes of £6k-£8k pa


Property 1
2 bed end of terrace house for sale  - Price: £189,995
Gas Lane, Stamford.  On the market with Purple Bricks
 

A superb rental investment is offered to the market by Purple Bricks , presented in excellent order and located in what might get a few heads scratching! Gas Lane is located off St Leonards Street, which is literally at the top of Stamford's popular High Street. I would expect an income £8,100 per annum (£675pcm) which would bring the yield in at 4.3%.

Price: £189,955
Annual Income: £8,100 / Rent: £675pcm / Yield: 4.3%

Click this link for more details on this property:


Property 2
2 bed terrace house for sale - Guide Price £169,950
Martingale Mews, Oakham.  On the market with UPP Property Agents

This property is wonderful little gem. It is a Larkfleet build and is only 2 years old, so you would benefit from the 8 years of building/construction piece of mind.
 
We have successfully sold and subsequently let an identical property on the next close (Bridle Close) at £625pcm which is an annual income of £7,500 and a yield of 4.5% (based on £165,000 purchase price).



Guide Price: £169,950
Annual Income: £7,500 / Rent £625pcm / Yield 4.5%

Click this link to see more details on this property:


Property 3
1 bed apartment for sale - Guide Price £119,950
Stud Road, Barleythorpe Nr Oakham.  On the market with UPP Property Agents


Another Larkfleet build and another opportunity to acquire 8 years' NHBC guarantee. Again, we manage a few properties within this block and I can honestly say they have been excellent maintenance free lets. This particular property backs onto to open allotments and would be a wonderful let to a young professional.  With an annual return of £6,600 (£550pcm), the net yield would be in the region of 5.5%
 
  
Guide Price: £119,950
Annual Income: £6,600 / Rent: £550pcm / Yield 5.5%
 
Click this link for more details on this property:
http://www.rightmove.co.uk/property-for-sale/property-47882373.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 email me the details and we can discuss further.

David Crooke, Owner
david@upp-property.co.uk / 01780 484 554


Twitter: @UPPproperty


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