I keep an eye on the Stamford and Rutland property market because it enables me to give the best advice and opinion on what (OR NOT!) to buy in the area, be that a buy-to-let or for a first time buyer/owner occupier.
With strong demand for family sized rental properties in Oakham continuing I have selected 2 from the Oakham property market and, because of its great yield of c5.1%, I think this ground floor studio apartment in Stamford is well worth investigating further...
PROPERTY 1)
WHY? 2 good sized reception rooms, 3 bedrooms, large garden, chain free
THE FIGURES:
Guide Price: Offers Over £195,000
Rent: £650pcm
Annual Income: c£7,800
Yield: c4.3%
MORE DETAILS? Click here...
http://www.rightmove.co.uk/property-for-sale/property-73174727.html
PROPERTY 2)
WHAT? 3 bedroom terraced house, on the market with Newton Fallowell
WHERE? Parkfield Road, Oakham
WHY? Modern bathroom, popular location near railway station, college and town centre, good sized rear garden.
THE FIGURES:
Guide Price: £159,950
Rent:£600pcm
Annual Income: c£7,200
Yield: c4.5%
Property 3)
WHERE? Philips Court, Stamford
WHY? Ground floor studio, great central location within minutes' from railway station and town centre, chain free.
THE FIGURES:
Guide Price: £109,995THE FIGURES:
Rent: £475pm
Annual Income: c£5,700Yield: c5.1%
MORE DETAILS? Click here...
http://www.rightmove.co.uk/property-for-sale/property-53284734.html
David Crooke, Owner and MD
UPP Property, Sales & Lettings
Stamford 01572 725 825 / Oakham 01780 484 554
david@upp-property.co.uk
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