Tuesday, 1 November 2016

Last chance to book onto the Buy to Let Seminar


Belvoir and Stefanie Price Wealth Planning are pleased to invite you to the Milton Keynes Buy to Let seminar on Wednesday 2nd November 2016. The event is free and numbers are limited but there's a last chance to book your place now. 




Click here to book your ticket now. 

Friday, 28 October 2016

Learn how to get the most out of your Buy to Let property

Belvoir and Stefanie Price Wealth Planning are pleased to invite you to the Milton Keynes Buy to Let seminar on Wednesday 2nd November 2016. 
  • Learn how to get the most out of your But to Let property
  • What is the real future of Buy to Let?
  • Ask the experts and find out everything you need to know about investing in Buy to Let
  • Meet industry leading key note speakers

The event is free and numbers are limited so please book to reserve your place.  All you need to do is follow this link



Click here to book your place now. 

Friday, 21 October 2016

Landlords and Tenants are a Working Partnership






Old style conflicts between tenants in rented properties and their private sector landlords are largely the stuff of fading legend these days.

In the real world, no-one achieves anything that old fashioned way, the modern approach is more about tenants and landlords cultivating partnerships.  Both have interests to protect and they can both achieve that better by working together. If they can’t, then something is wrong – and mismatches do happen - but good relationships are more the order of today.

The truth is that a rented property may be part of a landlord’s livelihood but it’s also home to the tenant and the ideal situation is for them to work around each other. A professional lettings and management agency, such as Belvoir, will always look after the interests of both parties.

Methods of creating perfect harmony include:

·         Agreeing on periodic visits so the landlord can see how a property is being looked after. That also gives a chance to see if there are any repair jobs or maintenance issues that need attention. And it gives tenants an opportunity to discuss anything that is bothering them.

·         Tenants letting landlords, or their agents, know if they are planning a holiday and the property is going to be empty. Occasional visits can be made to ensure the property and the tenant’s possessions are safe.

·         By mutual agreement neighbours can have the agent’s or landlord’s phone number so they can get in touch if anything seems wrong, e.g. a burglary, fire, flooding, intruders or unusual behaviour.

·         Along with a tenancy agreement Belvoir provides new occupiers and landlords with a comprehensive inventory to record the state of decoration, furnishings and fittings. An honest, upfront, practice like this creates a precise record of contents and condition that is beyond dispute, And that can save a lot of arguments later – especially over returning deposits.

·         Important communications should be done by e-mail or letter - which creates a paper trail of any problem that arises. This gives both tenant and landlord a firm record instead of trying to rely on half-remembered conversations.

Past conflicts in rented properties have swung from the serious to the comic.  According to official statistics, two years ago, the number of housing tenants growing commercial crops of cannabis was sufficiently large to lead the national Crimestoppers charity trust to publish an eight-page leaflet highlighting the issue.  While another recorded case outlined how a tenant caused irreparable damage to a washing machine at his furnished flat because he put in a house brick to “stonewash” his denim jeans.  Whether it’s a laughing matter or an indictable criminal offence, the relationship between a tenant and a landlord is at the heart of today’s private rented sector. Closer relationships obviously work better for both parties and, thankfully, that’s the way things are moving. With over the last 20 years experience and by carefully selecting and managing tenancies we see relatively few cases of conflict or dispute.

The current housing crisis has turned the private rented sector into a major home provider with nearly two million landlords renting to some 10 million tenants and for them, working together means making it work.


If you are one of the hundreds of Buy to Let investors reading this blog daily and would like advice about what to buy next, where to buy it and what to pay, then call us now on 01908 562582 or pop into our offices on London Road in Stony Stratford for impartial and friendly advice, and speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. 


Thursday, 20 October 2016

Bradwell Village, 2 bed End of Terrace home, £205k with a potential 5% yield


Properties in this area usually attract long term tenants and this one should be no exception.





Located within the historic village of Bradwell, this 2 bedroom home would appeal to the London commuter being within a short distance to CMK Rail Station.  Having a good local primary school nearby and enclosed garden it would equally appeal to a young family just starting out.  The house comprises an open plan lounge/diner, well presented kitchen and bathroom, a garage and off road parking.  With an asking price of £205k we think there would be some room for negotiation and  you should be able to get this for slightly under £200k. From the photos it looks in reasonable order and all it would likely need is a little redecoration to get it ready to let. We would always advise a gas safety inspection as a health check of the boiler and associated heating system, as it could be the best £150 you will spend.



With a rental value today of around £850 PCM, the return of 5.1% here is quite good given that you will also an average capital growth on such a property over the coming years. Previously we have had 3 consecutive years of very close to 10% annual growth, and a recent report of 13% on last year. If this were to continue it would mean your asset would be worth nearly £230K by summer 2017 - could you get that sort of return from a savings account at your bank?



If you struggling to find anything decent on the property market and need a little help finding potential bargains like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.

Tuesday, 18 October 2016

3 Bed house in Stony Stratford with a potential 5.0% yield

This is a fantastic opportunity for an investor to acquire a remodelled and refurbished 3 bedroom property situated within a two minute walk of the vibrant and historic High Street in Stony Stratford.



Stony Stratford is a market town with lots of local pubs, bespoke shops and restaurants. This popular location has good access to Wolverton railway station and Centre MK. Being modern and extended this property, offers spacious accommodation for a young family or professional couple alike. In this highly desirable location this property will easily let. You could get this property for around £270,000, and with a likely rental of at least £1125 it will give a comfortable 5% gross yield. But don’t hang around as we don’t think this property will be available for long.



If you are thinking of getting into the property rental market and don't know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or pop along and speak to us in person at our offices in Stony Stratford.

Wednesday, 12 October 2016

At £190,000, and with a potential yield of 5.7% this 3 bed house is a project worth considering

Tired and in need of refurbishment this 3 bed house presents an ideal opportunity for the ambitious investor who doesn’t mind a bit of hard work. Alternatively you can get our team of experienced contractors to do it for you.





At a £190,000 asking price you can expect to pay another £10 to £15K to get it up to standard, but with Newport Pagnell being so much in demand a potential rental in excess of £950 is realistic and could see you with a 5.7% yield, not to say the capital value you’ll be adding. 



If you really can't find what you are looking for on the property rental market and need a little help finding gems like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.


Tuesday, 11 October 2016

New to the market is this one bed house in Furzton for £179,995

Exceptionally well presented and packed with loads of extra features, this will attract a young professional couple who are looking for, and willing to pay that little bit more for, something special. 




With an asking price of £179,995, this is in the right ballpark for this house in Furzton. With a good internal condition, conservatory and off road parking we would be happy to rent this for between £750 and £795 PCM right now, which is a 5.0% to 5.3% gross yield from a fairly modest investment. Demand on 1 bedroom properties is very high, and generally they go in the first week of viewings!



If you're struggling to find anything decent on the property market and need a little help finding potential bargains like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email. 


Tuesday, 4 October 2016

2 bed house in Bradwell with a potential yield of 5.45%

On the market today is a nice 2 bed house situated in the popular village Bradwell which offers an ideal Buy to Let opportunity. An early viewing is recommended as this property won’t stick around for long.


Located in Bradwell village and being close to local schools this end of terrace house remains popular with young families. With good access to Milton Keynes Central Railway Station it is also attractive to the London commuter. Two double bedrooms, a South facing garden and price tag of £175,000 make this an tempting proposition. With a monthly rent of around at least £795 there is a starting yield of 5.45%; this will see the property snapped up. Although the lack of photos may indicate that it is in some need of refurbishment or tidying up, which could affect the return, it should still be in in excess of 5%. Either way it looks like a good investment and well worth having a look. 

If you are thinking of getting into the property rental market and don't know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or pop along and speak to us in person at our offices in Stony Stratford.

Thursday, 15 September 2016

2 bedroom apartment in Ashland for £179,950, with a potential 6% yield

For sale today is a 2 bedroom apartment in the newly redeveloped area of Ashland. The apartment is less then 5 years old and therefore will come with a reasonable lease length and is offered with no onward chain.
The property is on the market for £179,950 and appears to be in relatively good decorative order, however from the photos it appears that there is holes in the walls between the lounge and one of the bedrooms, which will need repairing before a tenant moves in. This property will appeal to young families and professional tenants with its two double bedrooms, allocated parking and its close proximity to the Open University and Hospital. Once the works were completed, you would be looking to achieve a rental return of between £875pcm and £900pcm, which would see a healthy gross yield of between 5.8% and 6%.
If you are one of the hundreds of investors reading this blog daily, why not take the next step and give us a call to see how we could assist you in your search for potential investment properties - or to ask about our thoughts on your own choices - call us now on 01908 562582, or pop along to our offices for a more detailed chat about your requirements and how we can help you.


Friday, 9 September 2016

Good location for the city centre - 2 bedroom apartment in Oldbrook for £165K

This could be a great little earner for someone, a 2 bedroom duplex apartment located on Oldbrook, within a walking distance to all the local shops and of course Central Milton Keynes train station, so it would be perfect to catch the professional commuters.
With an asking price of £164,995, this is in the right ballpark for this flat in Oldbrook and with a good internal condition, we would be happy to rent this for between £800pcm and £825 PCM right now, which is a 5.8% to 6% gross yield from a fairly modest investment. Demand on 2 bedroom properties is very high, and generally go in the first week of viewings!
If you struggling to find anything decent on the property market and need a little help finding potential bargains like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.





Tuesday, 6 September 2016

A one bedroom maisonette in Stony Stratford with a healthy gross yield of 5.7%

Small yet perfectly formed, this 1 bedroom ground floor maisonette would make a fantastic starter property or nice addition to any portfolio, with on going high demand for similar rental properties locally.
On for sale at £134,995, with no upper chain and a 94 year lease, this would make a great little investment.  This maisonette would appeal to a couple just moving out of their family home or a young professional, with its driveway parking, modern interior and communal garden.  You would look to achieve a rent of between £626pcm and £650% which would return a healthy gross yield of up to 5.7%.
If you are one of the hundreds of investors reading this blog daily, why not take the next step and give us a call to see how we could assist you in your search for potential investment properties - or to ask about our thoughts on your own choices - call us now on 01908 562582, or pop along to our offices for a more detailed chat about your requirements and how we can help you.

Friday, 2 September 2016

Great flat for professionals in Broughton for £194k

This apartment is situated perfectly for young professionals who work in the local industries or central Milton Keynes and even has its own little garden space!
This property looks to still be in great condition, not too tired or worn out and maybe just in need of a quick clean before going on to the rental market. For sale at £194,000, this 2 bedroom flat with its own garden, would look to achieve approximately £900pcm. The only thing stopping me giving it a higher rental value is the size of the second bedroom. At this rent you are look at a good gross yield of 5.5%.

If you can't find what you are looking for on the property rental market and need a little help finding those gems, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about any other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or email us on miltonkeynes.enquiries@belvoirlettings.com
 

Thursday, 1 September 2016

Investment opportunity, 2 bedroom house in Bletchley for £190k

Todays property is a 2 bedroom mid terrace house, with ready made investment potential, located in the racecourses estate on the edge of Bletchley, with a tenant already in situ.

The details of this are a bit thin on the ground and no internal photos, but if you speak with the agent I'm sure they can advise you on such things as the state of the boiler, internal decoration, any outstanding repairs and of course arrange an internal viewing for you. It is on sale for offers over £190,000, but with a current rental of £695pcm, this would achieve a relatively low gross yield of approximately 4.3%. However similar properties in the area have rented for up to £825pcm, which would return a much healthier yield of 5.2%, making this a much more attractive investment opportunity.


If you are one of the hundreds of investors reading this blog daily, why not take the next step and give us a call to see how we could assist you in your search for potential investment properties - or to ask about our thoughts on your own choices - call us now on 01908 562582, or pop along to our offices for a more detailed chat about your requirements and how we can help you.






Thursday, 25 August 2016

2 bedroom apartment in Broughton with a 5.8% gross yield

This very tastefully presented 2 bedroom top floor apartment is on the market currently for £185k, in the popular area of Broughton, giving great access to the M1, with no upper chain.
This would definitely appeal to a young professional tenant, and also would be attractive to a relatively new investor or portfolio landlord, as it appears to be ready to go straight out of the box and to be marketed straight away at around £900, giving a decent return with a 5.8% gross yield.

If YOU want to be the first to know about what would make a great Buy To Let investment that is currently available either on the open market or via our own sources (landlord to landlord sales etc), call us now and get your name put on our Premier Investor list on 01908 562582, pop through the door of our offices on London Road in Stony Stratford or send us an email.


Tuesday, 23 August 2016

2 bedroom house in Furzton with potential tenants in situ £199,995

Today we have this delightful  2 bed mid-terrace home in Furzton, on sale for £199,995, with easy access to the M1 for commuters and yet still within close striking distance of Central Milton Keynes.
This property is ideal either for a first time investor or a seasoned investor, as the tenant is keen to stay in the property, so could come with a tenant already in situ. We are not sure what rent the current tenant is paying, so it is worth checking this, however we believe you would be able to achieve between £825pcm and £850pcm. This would provide a gross yield of between 4.9% and 5.1%. Looking at the decoration, it would appear that minimal work is needed and void periods would be at a minimum as Furzton is a desirable location amongst tenants. Worth a look at.

If you are thinking of getting into the property rental market as a new investor and don't know where to start or what to look for locally, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or email us on miltonkeynes.enquiries@belvoirlettings.com





Friday, 19 August 2016

Perfect for Sharers - 2 bedroom, 2 bathroom apartment with a potential 5.9% yield

Some properties are just made to suit their purpose exactly, and this one is calling out for 2 professional sharers with its 2 double bedrooms and 2 bathrooms, located in Broughton with fantastic access to the M1 for busy commuters.
 

This immaculately presented apartment is on the market for £200k and with the pristine kitchen and bathroom and gas central heating, there appears to be minimal work to do here. Though I would recommend giving the balcony a little clean, before having new tenants move in.



We would looking at renting this apartment out for between £950pcm and £995pcm, which would achieve a health gross yield of between 5.7% and 5.9%. With the location and standard, there would be minimal void periods as we always have a high demand for this type of property.


If YOU want to be the first to know about what would make a great Buy To Let investment that is currently available either on the open market or via our own sources (landlord to landlord sales etc), call us now and get your name put on our Premier Investor list on 01908 562582, pop through the door of our offices on London Road in Stony Stratford or send us an email.







Thursday, 18 August 2016

2 bedroom apartment in Ashland with a potential 5.8% gross yield

Todays deal is quite a nice apartment in the newly redeveloped area of Ashland - for those not local to the area, there used to be a greyhound racing track here and it used to host a huge Sunday market, but it was all removed, landscaped and redeveloped starting around 10 years ago, and new build continues to this day.


This 2 bedroom flat appears to be of good decorative order, but with limited details available, a viewing is a must. However with allocated parking and being positioned within easy reach of Central Milton Milton Keynes and Bletchley, this apartment would appeal to the young professional. For sale at offers in excess of £185k and with a projected income of £900pcm, you would be looking at a potential gross yield of 5.8%.




If you struggling to find anything decent on the property market and need a little help finding potential bargains like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.




Monday, 15 August 2016

Great starter home, 1 bed house on Peartree Bridge for £155k, a gross yield of 5.4%

This one bedroom semi detached house could be a nice little addition to any portfolio, or a great way to get on to the buy to let property ladder, as these properties are always popular with young professionals.




This immaculately presented 1 bedroom house has everything a young professional tenant would require, including allocated parking and a communal garden. It is located within close proximity to the Milton Keynes centre, MK hospital and excellent transport links such as the M1 junction 13 and 14, the A5 and MK central train station. For sale today at £154,995, we would happily put this straight onto the rental market with just a quick clean and some white goods in place for at least £700 PCM, which would return a gross yield 5.4%.




If you really can't find what you are looking for on the property rental market and need a little help finding gems like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.