Each of these properties are in need of modernisation and all 3 have great potential.
Renovated and refurbished to the right standard will improve the value either for a short-term flip or for long-term investment.
But remember if you're not going to live in the property yourself, don't overspend or invest in the wrong areas.
Ask me for advice if you are unsure on this, as I often see costly, unnecessary mistakes or indeed the wrong corners cut...
WHERE? Queen's Road, Oakham
WHY? Chain Free, recently fitted boiler, on a large plot with good sized rooms
HOW MUCH? Guide Price £160,000
FINANCIAL RETURN? Predicted rent approx. £650pcm *
MORE DETAILS? Click here...
http://www.rightmove.co.uk/property-for-sale/property-51527613.html
WHERE? Haddon Road, Stamford
WHY? Central location with off-road parking and garden
HOW MUCH? £210,000
FINANCIAL RETURN? Predicted rent approx. £750pcm*
MORE DETAILS? Click here...
Property 3)
WHERE? East Street, Stamford
WHY? Characterful red brick cottage, good town centre location with front and rear gardens
HOW MUCH? Guide Price £180,000
FINANCIAL RETURN? Predicted rent approx. £700pcm*
MORE DETAILS? Click here...
http://www.rightmove.co.uk/property-for-sale/property-62496043.html
If you prefer modern / new build properties then please call me as I can suggest some alternatives for you to consider. As a landlord myself, I know what makes a good property investment.
David Crooke, Owner and MD
UPP Property, Sales & Lettings
Stamford 01572 725 825 / Oakham 01780 484 554
david@upp-property.co.uk
* The predicted rental valuations are based on properties in a renovated condition.
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