Bletchley 4 bed, for sale at £225k with a potential 5.9% yield in a family friendly area

This is a good sized 4 bed home that would be very appealing to a family, and seems to be pretty much ready to go with just a little toning down of the colours in the bedrooms.

 

For sale at offers around £225k this could go on the rental market with just a little preparation and would likely rent for around £1100 PCM, giving a yield of around 5.9%. Property prices in this area have risen nicely in recent years, this property in particular has seen a potential increase in value of 122% since 2001.
 

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 or email 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 me an email to stephen.tunney@belvoirlettings.com

Bradwell village 3 bed terrace, guide price of £150k giving a 6.6% yield

How about a reasonable 3 bed mid terrace on Bradwell Village, within walking distance to the mainline train station in Milton Keynes and close to local schools. On offer with a guide price of £150k, there are no internal photos yet so it probably needs a little work and TLC, but would rent for around £825 PCM once up to standard and presented to the market.

 

 

 

 

 

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.

Land for sale, with planning consent for a bungalow

Something a little different now, here we have a plot of land for sale on Buckingham Road, Bletchley. It currently has planning consent for a detached 2 bed bungalow with gardens and parking, and might be the sort of project to interest some of our readers.

 

 

 

 

 

Obviously we cannot even talk about yield, profit, building costs or anything else at this early stage, and site viewings are strictly by appointment only.

 

 

STOP PRESS: THIS IS NOW SOLD STC, IT MOVED THAT QUICKLY

 

 

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 or email us now and get your name put on our Premier Investor list on 01908 562582, pop to our offices on London Road in Stony Stratford or send me an email.

Oldbrook 5 bed £235k, 5.9% yield but what a large property

We sometimes have large families looking for this size property, and they don't come on the rental market often enough, so here is an opportunity to meet such demand.

 

 

 

Offered for sale at £235k with no upper chain, this property looks to have been renovated and finished to a good standard, and looks pretty much ready to hit the market at around £1150, giving a pretty healthy yield of 5.9%. Centrally located, close to CMK shopping and the mainline train station, this is sure to find a market with a larger family.

 

 

 

 

 

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.

Bradville modern 2 bed terrace, £166k with 5.6% yield

A tidy little 2 double bedroom terrace on the newer part of Bradville now, offered for sale at £166k.

 

 

 

 

This is a decent area, within close proximity of the Grand Union Canal and within walking distance to Wolverton train station, this would appeal to a young couple as their first home or a pair of professional sharers, as it also has two allocated parking bays. On the rental market this would currently achieve around £775, and is a very marketable property at this time.

 

 

 

 

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.

New Bradwell 2 bed end terrace, close to West Coast Mainline station, £140k with 6.4% yield

Quite an interesting little terrace house in New Bradwell now, a very short walking distance to Wolverton railway station, and a nice affordable entry point for a novice investor or someone expanding into the area.

 

 

 

 

 

 

OK it has a very small back yard, but it is a sturdy looking old building, has got gas central heating and 2x double bedrooms, so all good! Your £140k investment would earn you a monthly rental of around £750, giving a pretty respectable 6.4% return - not bad at all from such a small house at this end of the scale. Best of all, it has seen a resurgence in value, since 2000 the average price of 2 bed terraces here has shot up from £47k to over £140k, an increase of a staggering 197%. Now it can't necessarily repeat at such a high level, but it shows that this area is popular and sought after - always good for your exit strategy.

 

 

 

 

 

As always, this particular property has been circulated to our current list of investors looking to purchase something in the Milton Keynes area. 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

Wolverton 2 bed apartment, no chain, £140k with 6.9% gross yield

This is another entry level property and not even a project, just a quick clean and minor update needed and it could be on the rental market for around £800.

 

 

A nice, ground floor 2 bedroom 2 bathroom apartment which is just a moments walk from Wolverton mainline train station, and absolutely perfect for a couple of young professional sharers. With a modern style, it does still need some minor work internally, but this is a great little property.

 

 

 

These 2 bed apartments were sold for around £164k back in 2007 when they were brand new, so at this price it won't be around for long before other keen eyed investors jump in.

 

This particular property has already been circulated to our current list of investors looking to purchase something in the Milton Keynes area. 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

Browns Wood, decent 2 bed cluster house for £150k, yield of 5.8% possible with good capital growth

This is a very lovely area to live, right on the outskirts of the new town, but still with easy access to local shopping centres, schools and employment. This property has the benefit of a garden, and would appeal to young professionals, offering everything they could want out of a starter home.

 

 

 

 

Rental income today would be around £725 AT LEAST, giving a return of 5.8%, and there is always the future capital growth to consider, and in this area over the past 14 years, this style of property has increased by an amazing 183%, so it is clearly a good place to invest.

 

STOP PRESS, THIS IS NOW SOLD, YOU WERE TOO LATE!

 

 

 

 

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.

Wolverton modern 2 bed apartment, £160k with gross yield around 6.4%

This modern 2 bed apartment is situated on the fairly recent development just off Stratford Road in Wolverton, a short walk to all the local shops & mainline train station, and is offered for sale at £160k.

 

 

 

 

Internal specification includes a superb kitchen, en-suite to master bedroom and solar panel water heating, and on todays rental market this could easily achieve £850 PCM, possibly even a little higher. In March 2013, similar properties were selling for around £125k, so you can see there has been some decent capital appreciation on these properties already, with the potential for much more in the future, as this will appeal to young professionals and commuters.

 

 

 

 

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.

Walnut Tree £110k investment giving a yield of 6%, but what a quaint little studio bungalow

Something a little more quaint and picturesque now, a studio bungalow on Walnut Tree on offer at £110k. For any young professional working locally, this would be a refreshing change to the usual offerings of 1 bed studio flats and yet would still be in the same price range, commanding a rental of £550 PCM. To the investor, this gives a return of 6%, but wrapped up in a slightly more desirable package.

For more information about this or other potential investment properties that we could introduce you to, or to ask about our thoughts on your own choices, you know by now just to call us on 01908 562582

Walnut Tree studio apartment, nice and affordable starter property at £98.5k, potential gross yield of 6.3%

Another attractively priced starter property now, this 1 bed studio apartment in Walnut Tree is holding an open day on Saturday 13 September, and with no upper chain this would be a quick deal for someone ready to hit the ground running. 

No internal views are shown, so make sure you get along in person and judge the condition for yourself, but such a property presented in good, clean condition would achieve a rental income of at least £525 PCM at the moment (if not more), giving a potential gross yield of 6.3%.

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.

Looking for a project? £90k 1 bed flat in Walton, potential yield of around 7.1% gross

For anyone looking for a project, this could be a decent proposition for you. A 1 bed apartment in the delightful Walton Park (just down the road from some BIG houses, the ones where landlords like to live themselves) and with great lakeside walks and views, this is up for sale at £90k and would probably set you back around another £10k to fully refurbish and redecorate. Don't get me wrong, it does need plenty of work, but most of the preparation and cleaning could be done by yourself, only using tradesmen for the final fit & finish, so you can definitely add value to this property right from the word go.

 

 

 

 

Once on the rental market, this would achieve around £595 PCM, giving you a gross yield of 7.1% or thereabouts, depending on the level of finish and how much you finally spend, and with Red Bull Racing & The Open University as major local employers in the area, this property would appeal to those young professionals looking to live here.

 

 

 

 

 

For more information about this particular property, please call us now on 01908 562582

Emerson Valley £200k 3 bed + garage, potential yield of 5.7%

Emerson Valley is a fairly respectable and established residential area, and being close to numerous schools this next property has everything going for it in order to appeal to families if & when it goes onto the rental market.

 

 

 

 

£200k buys this pretty reasonable 3 bed house, and a little time and effort spent redecorating and modernising the bathrooms would see this rent for around £950 in todays market, giving a decent 5.7% return. It still offers plenty of scope for capital appreciation in years to come, as prices around here for similar houses have risen from around £76k in 1997 to £200k today, an increase of an amazing 163%.

 

 

 

 

For more information about this or other potential investment properties that we could introduce you to, or to ask about our thoughts on your own choices, you know by now just to call us on 01908 562582

Lovely Furzton Lake starter property, 1 bed house for £140k, yield of around 5.3% NOW SOLD

This really nice 1 bed cluster house is on the market for £140k, and believe me we see more of these houses than you care to count, and this one is right up there in the Premier League. It is superbly finished, beautifully kept inside and out, and would hit the rental market for around £620 today and would let incredibly easily. For the novice investor looking to get into the market for the first time, this is such a simple and delightful house that presents no real dramas or concerns. 

 

Set in a desirable location close to Furzton Lake offering beautiful lakeside walks & views, this has got everything going for it. So much so, that one of our new investors who we have been advising over the past month has now bought this and is working closely with us to manage the whole process for them, from initial investment idea through to full property management and income generating business model.


 

So as you can see, this process does work, and we have the time, expertise and commitment to work with investors (first time or otherwise) to formulate a plan of action and then to see it through to fruition, all the way from sourcing initial funding right through to planning an exit strategy in the future.

 

 

 

 

 

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.

Great Holm 2 bed maisonette, for sale at £165k, potential yield of 5% with a long lease and NO SERVICE CHARGES

Here we have a recently refurbished 2 bedroom first floor maisonette on Great Holm, which is in the catchment area for some very good local schools. Consisting of a very recently refitted kitchen and bathroom and redecorated throughout to a high standard, the property also has UPVC double glazing throughout and is completed with a fully enclosed garden and a single garage with parking, so you get a lot of property for the money.

 

 

 

 

 

 

This is for sale through one of our existing landlords, and should you wish it could come with the sitting tenant in place and already earning you an income from day 1 of ownership. Currently rented at £660 to the long standing tenant, if this went back on the market today it could rent for around £690 given the current conditions. NO service charges are payable on this property, and the lease currently has 96 years left to run, so your costs are kept to a minimum here.

 

 

 

For more information about this particular property or to arrange a viewing, please call us now on 01908 562582

Do properties in Stony Stratford make good investments for Buy to Let?

Only last week a resident of Stony Stratford popped into our offices on London Road, Stony Stratford after taking us up on our offer of impartial buy to let advice on the Milton Keynes property market. The gentleman concerned was particularly interested in Stony Stratford itself and I was able to advise him that before Milton Keynes was built, the town itself was a major local market town on the old Watling Street. Stony Stratford has an older part in the centre with Georgian, Victorian and Edwardian houses combined with the more ubiquitous Milton Keynes properties such as the 1960s, 1970s and early 1980s semi- detached houses. Interestingly though, of the 3,283 properties in Stony Stratford only 547 of them are detached (or 16.6%), compared to the 28.4% average in Milton Keynes. There are 1,099 semi detached properties, 1,241 terraced houses.

 

Anyway, he is eager to purchase his first Buy to Let property in Stony Stratford as he has lived there for over 15 years and felt investing around there as he knew it well, we started to discuss the property market in this area. With my local knowledge I was able to tell him that there are plenty of 3 bed semis in Stony Stratford. I particularly like the semi-detached houses around the South Eastern edge of Stony Stratford in the Hale Avenue area, off London Road. Three bedroom semi-detached houses in that area sell for around £220,000 and £230,000 and a good one rents for around £895 per month, a healthy yield of 4.8% to 4.9% per year. It is also interesting to note that since 1999 semi-detached houses in Stony Stratford have, on average, risen by 166.1%, which when you consider the Milton Keynes average property value increase is only 123.8% over the same time scale its good news all round!

 

So with a reasonable yield and excellent capital growth, semi-detached houses in Stony Stratford, especially 3 beds, could make a decent future investment. Of course, the difficulty in this market is that availability is drying up and prices are rising quite quickly now, so finding that gem is getting harder all the time.

 

Whether you are a landlord of ours or someone thinking of investing in the rental market for the first time, drop into our offices on London Road, Stony Stratford for advice on where the bargains are in both Stony Stratford and Milton Keynes.

Downs Barn £165k 2 bed semi, potential yield of 5.6%

This property on Downs Barn offers tremendous value for money, and although it looks like it needs some work in the kitchen, it would likely achieve a rent today of around £775 giving the new owner a healthy 5.6% yield.

 

 

 

 

 

House prices for semis on this road have risen by an average of 84% since 2000, when sold values were around £70k. As always, a fairly decent 2 bed house with parking will attract a decent audience in any market, and being relatively close to Central Milton Keynes just adds to the desirability.

 

 

For more information about this or other potential investment properties that we could introduce you to, or to ask about our thoughts on your own choices, you know by now just to call us on 01908 562582

 

Milton Keynes area ranks in top ten of most desirable postcodes in England

A study has revealed a Milton Keynes postcode is the seventh most desirable in England.

MK8, which covers areas including Two Mile Ash, Great Holm, Crownhill and Grange Farm ranked in the top ten in an analysis to mark the 40th anniversary of the allocation of postcodes to every address in Britain.

The research took into account employment opportunities, health levels, education and training opportunities, crime levels, homelessness, household overcrowding and ease of accessing local services, the quality of the physical environment and housing affordability – the relationship between average house prices and average annual earnings.
Iain Stewart, MP for Milton Keynes South, says he is pleased that Milton Keynes has received this recognition. He said: “It doesn’t come as any surprise to me as I have long regarded Milton Keynes as a wonderful place to live and work. We have an exciting future ahead of us and I look forward to playing my part in our development for many years to come.”

 

Steve Rooney, Head of Royal Mail’s Address Management Unit, said “Royal Mail commissioned the Centre for Economic and Business Research to conduct analysis to identify the most desirable postcodes in England, Scotland and Wales to mark the 40th anniversary of the allocation of postcodes to every address in Britain. The invention of the postcode revolutionised the way post is sorted and delivered”.
The research was conducted by reviewing a number of data sources at the local level, including the 2011 Census, the Department for Communities and Local Government’s Indices of Multiple Deprivation, several releases from the Office for National Statistics and lending data from the British Bankers Association and the Council for Mortgage Lenders.

 

Great Holm resident, Councillor Zoe Nolan, said: “I have lived in the MK8 postcode area for 22 years and have been privileged to represent much of the area as its councillor since May this year. The Royal Mail report took into account a whole host of measures that make MK8 stand out, from health and education to employment and crime rates. I love living here and it is wonderful to have it recognised as such a desirable part of England.”

 

Heelands tidy 3 bed terraced at £180k, potential yield of 6%

This areas offers good value for money, and this is a tidy house on a nice street that would appeal to families. On sale for £180k, with plenty of internal space and external parking, this property has already grown in value from an average of £118k in 2003, showing a potential increase of 52% in that time.

 

 

 

 

On the rental market today, this could achieve around £900 PCM, showing a return of 6% which is very reasonable for the outlay.

 

As always, for more information about this or other potential investment properties that we could introduce you to, or to ask about our thoughts on your own choices, call us now on 01908 562582

Newton Leys 2 bed coach house apartment for £160k, yield of 6% gross on this

For 160k, you could buy this delightful 2 bed apartment situated above carports, often termed as a coach house, in the newly developing and very popular Newton Leys, just to the south of Bletchley, with great access to Milton Keynes and other local towns such as Aylesbury and Dunstable.

This sold in 2012 from new for £139k, so I think there could be some movement on todays asking price, but if not that's still been a nice 15% increase for the vendor in 2 years. With a rental value in todays market of around £800PCM, this would represent a gross yield of 6% for the new owner, and as this area continues to be developed, it will bring with it new shops and community facilities, which is great for the future of the area and for property prices.

 

 

For more information about this or other potential investment properties that we could introduce you to, call us now on 01908 562582