Back again! Unusual freehold 2 bed coach house with garage and garden, £190k with 5.5% yield

Todays offering is essentially a semi-detached first floor flat, with garage, driveway and private rear garden, and all FREEHOLD.

 

 

 

 

 

 

It looks like all the major work you would need to have done has already been taken care of - gas central heating, double glazing are sought after at this level of the market, where it would be more typical to see electric heating and older wooden windows. And where else would you get a flat with a garage and a garden, it's virtually unheard of!

 

 

 

 

 

 

On the market today at £190k, I would get along without delay and speak to the agent about viewing this. If it were to go on to the rental market at this time, we would expect to be able to rent this for around £875 PCM which represents a yield of 5.5%, pretty healthy for a non-project property in a quiet, residential cul-de-sac. For the 68,200 applicants looking to rent a 2 bedroom apartment such as this during the last month, this would have been a very interesting and unusual proposition which they could not have imagined was out there.

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-53172458.html?premiumA=true

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

 

 





miltonkeynes.enquiries@belvoirlettings.com

Broughton 3 bed townhouse, £235k with 5.6% yield

Another family sized home for you today, located on the modern estate of Broughton which offers great access to the M1 and has great local schools for all ages.

 

 

  

 

Offered with tenants in place, this really is only ever going to appeal to landlords or investors anyway, and the benefit here is that there will be positive cash flow right from the moment you become the property owner. Do enquire as to the current tenancy terms (length & rental income) and of course check the internal condition, the state of the boiler, age of the flooring and decoration, as the tenants may well think that a new landlord will be automatically looking to update the property - you may well need to, and it may be that in order to do this you have to bring the tenancy to an end and have an empty property for a few weeks, but at that point you would list it for rental at around £1100 PCM which is a 5.6% yield. We can also advise you with regards to your assumed responsibilities once you take over the tenancy, along with the most cost effective way of refurbishing and keeping it up to date in order to attract the best tenants.

 

http://www.rightmove.co.uk/property-for-sale/property-52288003.html

 

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.





 

 

 

miltonkeynes.enquiries@belvoirlettings.com

Family home in Pennyland, 3 beds £235k, 5.6% yield

Our suggestion today is a nicely presented 3 bed family home on Pennylands, with plenty of space for a young family.

 

 

 

 

 

 

With 3 decent sized bedrooms, a beautiful kitchen and family bathroom, downstairs WC and a spacious and private rear garden, this is very well appointed for the price point and represents good value in todays market for an investment landlord - with the best 2 bed houses commanding a very similar price, this is sure to be snapped up quite quickly. Offered for sale at £235k, I would see if there is any room for a deal to be done this side of Christmas for a few thousand pounds off, and this could be on the rental market in the early part of 2016 for around £1100 PCM, a very respectable 5.6% yield.

 

 

 

 

 

 

Family 3 bed houses are great long term rental options, as families tend to stay for a number of years once they have their children settled into local schools, and this particular property looks well kept and updated by its current owners, which bodes well for future maintenance issues. With over 65,400 searches on Rightmove last  month for a property such as this, you can be sure it will be in high demand and will be on a lot of shortlists for viewings when it goes on to the rental market.

 

 

 

 

 

 

http://www.zoopla.co.uk/for-sale/details/38734337?search_identifier=0c66356588095621f5bab7039b432d32#WyXePbfpHulBi3UT.97

 

 

 

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.





 

 

 

miltonkeynes.enquiries@belvoirlettings.com

Great family home in Emerson Valley, reduced to £240k now with 5.5% yield

This one is another of those great family homes on a lovely street on a popular estate, with excellent local schools - everything a family wants.

 

 

 

 

 

 

On sale today for a reduced price of around £240k, for a house in this location it does make a lot of sense to invest in one that will cater for a long term family as the local secondary school at Shenley Brook End is highly rated, and with an anticipated rental of around £1100 this returns a yield of 5.5% which is currently a great return on such a property. With local parks and woodland walks, along with an extensive local shopping centre at Westcroft, all that a family needs is available locally, and the quality of the housing stock makes this a very comfortable and safe place to live.

 

 

 

UPDATE:  THIS HAS JUST BEEN REDUCED BY £10K TO £240K WHICH MAKES EVEN MORE SENSE FOR AN INVESTOR

 

 

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-55157906.html

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 01908 562582 and get your name put on our Premier Investor list, or send us an email 





miltonkeynes.enquiries@belvoirlettings.com

Oakhill 4 bed townhouse, Hazeley secondary catchment, reduced to £265k with 5.7% yield

Families with growing children in their teens need a lot of space, and this one really delivers.

 

 

 

 

 

 

Located on a quiet estate, but opposite a hive of activity on Grange Farm which has shops, takeaways and a range of great schools, this property offers 3 floors of space and 4 good sized bedrooms, and the children can be at a number of local schools within just a few minutes.

 

 

 

 

 

Offered for sale at the now reduced price of £265k, this is surely a lot of house for the money, and any tenant family will be happy to put down roots and stay here for the duration of their children's school career. With an expected yield of around 5.7% there is a decent return to be had here, along with the potential of longer term capital growth which should be the real winner here on a property of this size, having already increased in value by over 26% since 2008 when you could have bought this for just £210k.

 

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-55158224.html

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 01908 562582 and get your name put on our Premier Investor list, or send us an email 





miltonkeynes.enquiries@belvoirlettings.com

Family 3 bed home in Monkston, £235k with 5.1% yield

At the moment, yields are taking a battering due to the rise in property resale prices, but they will always bounce back, so buy the best house you can that will meet demand in the market, that's one of the best ways to future proof your investment.

 

 

 

 

 

 

 

This property is located on the popular and family friendly Monkston estate, served by fantastic local schools accommodating all ages from 4-18 years, with a huge range of shopping and restaurants across the road at Kingston. Offered for sale at £235k, the property would benefit from a light tidying (especially the gardens) and some new flooring here and there, but it could then be on the busy new year rental market for £995 PCM, a yield of 5.1%, but remember that as rents rise so will your return, and being a magnet for growing families, this house will always rent with ease. Last month there were 1,123 searches in the Monkston area alone for a property such as this, with 68,664 across the wider town for the same house - high numbers which demonstrate just how strong the demand is from families to be in nice locations with good schools.

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-52207888.html

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.





 

 

 

miltonkeynes.enquiries@belvoirlettings.com

Superb value 2 bed house in Stantonbury Fields, £180k with 5.7% yield

It's currently a struggle to buy a decent 2 bed house for under £200k, so this one could be worth another look, and with tenants in place you at least have an income while you decide what to do with it......

 

 

 

 

 

 

 

Located on the doorstep of a private school, and on a small development of modern houses just a mile north of the city centre, this house offers quite a lot for it's relatively small purchase price. If it was remarketed now, I would suggest a paint throughout to neutralise some of the colours, weed and sweep the front and rear garden, and generally just tidy up any rough edges here and there. Typically today, this would rent for around £850 PCM which is a very decent 5.7% yield, as it has an adjacent garage and still 2 off road parking places which are very important considerations these days.

 

 

 

 

 

 

 

You would need to enquire as to the length of the existing tenancy and the current rent being paid, but this house will not really appeal to private buyers as they would be seeking vacant possession and it appears the current landlord does not want to provide that - as an investor, this sort of purchase makes a lot of sense, as your income starts the minute you complete therefore bringing your void (empty) period down to zero. We let one in this street earlier in the year and it did not take long at all, with it being centrally located and very accessible for city centre workers as well as commuters who can easily reach the A5 from here.

http://www.rightmove.co.uk/property-for-sale/property-52194055.html

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 to see how we can help, or send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

Tidy 2 bed terrace - Emerson Valley, £197.5k with a 5.2% yield

Prices for decent 2 bed houses are rising rapidly, and this one represents great value today so please read on.....

 

 

 

 

 

 

 

On the market today at £197.5k, there is no chain with this one so you could potentially have this bought and ready to hit the very buoyant new year rental market, when there will be even more people looking to move house once Christmas is over and done. There is only the one photo to go by, so do go and have a good look inside, but never be scared of a little bit of paintwork or fitting some new flooring, this work lasts for years and makes any property more 'lettable'. With an expected rent of around £850 PCM, this would generate a yield of 5.2% and be extremely popular with potential tenants.

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-55690763.html

 

 

 

** UPDATE **

ONE OF OUR CLIENTS HAS NOW HAD AN OFFER

ACCEPTED ON THIS SUBJECT TO CONTRACT

 

 

The buyer of this property has been speaking to us for a number of weeks now, and was given advance notice of this as an investment proposition days before it was published online. If you are one of the hundreds of investors reading this blog and want to be kept informed of similar opportunities before the rest of the pack, 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 to see how we can help, or send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

A nice reduction! 3 bed in Bletchley, was £230k now £215k

It's back, with a nice price reduction - this 3 bedroom house has been on the market since August and is now offered at a lower price of £215k (down from £230k), it surely has to be worth another look. Here is what we said recently......




Good family homes need a few ingredients to make them work, and we think this one works quite well so do read on....

 

 

 

 

 

 

Schools are always important, and here you have a selection of first schools within a stones throw of the property, and for secondary schools you have the option of Lord Grey which is also just a short walk up Rickley Lane. How this works for the adults in the family is that you can also walk into the centre of Bletchley and the train station, so commuting to work will not be as big a chore as it could be (think about the free parking at home for a start).

 

 

 

 

 

For sale right now (and it has been on the market for almost 3 months) at £230k, it has to be worth an offer, but even at full price you could still make this work as a buy-to-let investment purchase, showing a yield of around 5.2-5.4% in the rental market at this time. With such a well presented property there would not be much to do here to prepare it for rental, and families that we regularly talk to are looking for houses such as this - Bletchley might not be for you, but for the 34,000 or so local inhabitants that call it home, it will most certainly appeal.

UPDATE: At the new price of £215k and with a rental value of £950-995 this will still return a yield of at least 5.3-5.6%.

 

 

http://www.rightmove.co.uk/property-for-sale/property-37550778.html

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 to see how we can help, or send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

Modern 3 bed townhouse in Broughton, £270k with 5.3% yield

The family sized house today is on the newer part of Broughton, just opposite the brand new Brooklands development, and offers the usual benefits of the area - easy access to the motorway, on the doorstep of Kingston local centre, and still within a short distance of Central Milton Keynes.

 

 

 

 

 

 

For sale today at £270k, this 3 storey townhouse benefits from 3 bathrooms, 3 good sized bedrooms and a modern, fresh design and internal finish. With an expected rental or around £1200 PCM, this would show a yield of 5.3% and is really well placed in one of the most vibrant and growing areas of the town. Commuters love the easy access to the M1, and there are several brand new schools either already online or about to open, all within a short walk of the property, and Oakgrove Secondary comes with one of the very best reputations in the area for older children.

 

 

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-55465721.html

 

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 01908 562582 and get your name put on our Premier Investor list, or send us an email 





miltonkeynes.enquiries@belvoirlettings.com

It's the schools again! 4 bed townhouse on Oakhill, Hazeley secondary catchment, £280k with 5.4% yield

Families with growing children in their teens need a lot of space, and this one really delivers.

 

 

 

 

 

 

Located on a quiet estate, but opposite a hive of activity on Grange Farm which has shops, takeaways and a range of great schools, this property offers 3 floors of space and 4 good sized bedrooms, and the children can be at a number of local schools within just a few minutes.

 

 

 

 

 

Offered for sale at £280k, this is surely a lot of house for the money, and any tenant family will be happy to put down roots and stay here for the duration of their children's school career. With an expected yield of around 5.4% there is a decent return to be had here, along with the potential of longer term capital growth which should be the real winner here on a property of this size, having already increased in value 33% since 2008 when you could have bought this for just £210k.

 

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-55158224.html

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 01908 562582 and get your name put on our Premier Investor list, or send us an email 





miltonkeynes.enquiries@belvoirlettings.com

Bletchley 3 bed family home, realistically priced at £230k, 5.2% initial yield

Good family homes need a few ingredients to make them work, and we think this one works quite well so do read on....

 

 

 

 

 

 

Schools are always important, and here you have a selection of first schools within a stones throw of the property, and for secondary schools you have the option of Lord Grey which is also just a short walk up Rickley Lane. How this works for the adults in the family is that you can also walk into the centre of Bletchley and the train station, so commuting to work will not be as big a chore as it could be (think about the free parking at home for a start).

 

 

 

 

 

For sale right now (and it has been on the market for almost 3 months) at £230k, it has to be worth an offer of around £220k, but even at full price you could still make this work as a buy-to-let investment purchase, showing a yield of around 5.2-5.4% in the rental market at this time. With such a well presented property there would not be much to do here to prepare it for rental, and families that we regularly talk to are looking for houses such as this - Bletchley might not be for you, but for the 34,000 or so local inhabitants that call it home, it will most certainly appeal.

 

 

http://www.rightmove.co.uk/property-for-sale/property-35796867.html?premiumA=true

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 to see how we can help, or send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

Bluebridge spacious family 3 bed house, £245k with 5.4% yield

Todays offering is a spacious home for a growing family, and located on a quiet estate but still within easy travelling distance of all the amenities a family would need.

 

 

 

 

 

 

On the market today at a shade under £245k, this is a fair price for such a lot of house. Sure to appeal to families with children who want to stay for the longer term, this is within a short walk or drive of Wolverton town centre and the 24 hour supermarket, yet is surrounded by plenty of open space, canal walks and linear parkland. Demand is always the key, and for a home such as this there were 72,379 searches on Rightmove last month that would have put this house in front of potential tenants, so providing the house is prepared and shown to its best then it will have every chance for renting at around £1095 PCM, a healthy 5.4% yield.

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-51960691.html

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.

 



 

 

 

miltonkeynes.enquiries@belvoirlettings.com

It's all about the schools - Monkston 3 bed semi at £230k with 5.5% yield

We always say that anyone looking to buy a family sized home as an investment property should be guided by the quality of the schools, and this one wins the prize for location....

 

 

 

 

 

 

In the very sought after Monkston estate, this house could do with a little work to neutralise some colours, maybe modernise the kitchen and tidy up the garden and it can be on the rental market without any delay. With a price of £230k, we would put this up for rental at £1050 and expect to get very close to this figure, resulting in a yield of around 5.5%. The main draw here will be the schools - Monkston Primary for the younger children is just a few streets away and has a great reputation, and Oakgrove Secondary School is within 5 minutes walk, this also is highly regarded and offers a very modern site including public gym and sports hall. As a sweetener, there is also a Waitrose over the road which is just a year old along with a range of new shops opening, including a Costa Coffee - this is the sort of demographic the local area attracts, and why prices are as high as they are.

 

 

http://www.rightmove.co.uk/property-for-sale/property-46822819.html?premiumA=true

 

 

Families will flock to this location for all the above, and the beautiful park and playing fields at the heart of the estate give children somewhere to run around, Mums will be catered for with the excellent and varied shopping across in Kingston, and the whole family will love the multiple chains of restaurants also within walking distance.

 

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.

 



 

 

 

miltonkeynes.enquiries@belvoirlettings.com

Another Furzton 3 bed famil home, £200k with 5.7% yield

Here we have yet another of those solid 3 bed houses from the late 1980s on Furzton - where else could you get a decent 3 bedroom house plus garage on a nice estate for around £200k?

 

 

 

  

At this price it is great value for money, you would be able to have this on the rental market quite quickly once you have repaired the fence, although to take some of the years off it you would perhaps consider updating the kitchen as well. With an anticipated rent level of £950 PCM this would show a 5.7% yield, more than acceptable for a property of this size and specification and a quite realistic budget for a family sized house.

 

 

 

  

 

Around 921 searches were specifically performed for a property of this specification on Furzton by name last month, whilst over 70,000 looked for a house like this in any location citywide. Family sized 3 bed homes always attract longer term tenant families due to school catchments and the need for stability, so once they are in they are highly likely to stay for a good few years, this adds some comfort to you with fewer re-let and re-marketing fees over the life of the house, another benefit to you as the landlord.

 

 

http://www.rightmove.co.uk/property-for-sale/property-49163464.html?premiumA=true 

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.

 

 

 

 

miltonkeynes.enquiries@belvoirlettings.com