3 Best Property Deals on the Stamford & Rutand property market, incomes of £6k-£8k

We sold a fantastic investment property this week in need of some renovation.  We received 4 offers and 4 days later it was sold to an existing investor!  We know what makes a good investment and how to achieve success. 

Here are my 3 best 'buy-to-let/1st time buy' property deals on the Stamford and Rutland property market for this week...

Property 1
2 Bed End Terraced Home For Sale at £145,000
Ladywell, Oakham.  On the market with Osprey Lettings

 

This established development is always sought after by long term tenants and families due to its popular central location and proximity to local schools and services.  It looks in need of some modernising and updating, but the work involved will increase the property's valuation for either sale or rent.

 

Price: £145,000

Approx. Rent: £525pcm - if renovated

Annual Income: c£6,300

Yield: c4.3%, based on asking price and refurbished condition

Click this link to see more details on this property:-
http://www.rightmove.co.uk/property-for-sale/property-58241656.html

 

 

Property 2:

3 Bed Semi-Detached House For Sale at £199,995

Haydock Avenue, Barleythorpe.  On the market with Connells

BRAND NEW & "TENANT READY".  With nothing to do here, this 3 bed-semi offers everything a first time buyer or new landlord should need.  Low maintenance, NHBC guarantee, great village location with easy access to Oakham and its schools and services.


Price: £199,995
Rent: Approx. £700pcm
Income: £8,400
Yield: c4.2%

Click this link to see more details on this property:

http://www.rightmove.co.uk/property-for-sale/property-67181372.html

 

Property 3

3 Bed Terraced House For Sale at Offers in Excess of £190,000

Nairn Road, Stamford.  On the market with Goodwin Property Services

 

A hugely popular location on the 'Scottish' estate on the approach into Stamford from the A1/A606 Oakham road. This is a great family home with off-road parking and a garden.  Presented in immaculate order and with no onwards chain, this property will be snapped up. 

Price: OIEO £190,000
Rent: Approx. £675pcm
Income: c£8,100
Yield: c4.3%

Click this link to see more details on this property:

http://www.rightmove.co.uk/property-for-sale/property-60614308.html

 

If you are planning, trying or struggling to sell or rent a property, please call me, I am here to help you.

Best wishes

David Crooke, owner.   TEL: 01780 484 554

 

david@upp-property.co.uk 

Understanding People & Property

 

 

 

 

Stamford: 01780 484 554

 

Rutland: 01572 725 825