Thursday 26 February 2015

Such a lot of house - 3 bed end terrace on Furzton £190k, yield of 5.8%

We have just spotted this appear on the market, a reasonable looking 3 bed end of terrace house on Furzton. With a brick paved drive offering off road parking for a few cars, there are no internal photographs and a very sparse description, so I would advise that you follow this up with the selling agent Elevation.
 
 
 
 
 
 
 
We have to make a few assumptions now, but if the inside is in reasonable condition, if gas central heating is fitted and working as it should, and if the property is not in need of any major repairs or refurbishment, then we would expect this to rent for anywhere between £900-950 PCM, giving a yield of around 5.8%.
 
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 pop along and speak to us in person at our offices in Stony Stratford.

Wednesday 25 February 2015

Chain free with tenant in Kents Hill, £155k with potential 5.6% yield

This property is up for sale with a sitting tenant paying £650 PCM, although we feel this ought to be £725 PCM if the property was painted and tidied up internally, and with no upper chain this could be a very quick deal for someone.
 
 
 
 
 
Ideally it needs the kitchen modernising and remodelling, and could also do with new carpets throughout, but the existing tenants d want to stay here. You will need to speak to the selling agent, Connells in Walnut Tree, for details of the tenancy, but where else have you seen a 2 bed house for this price recently in Milton Keynes?
 
 
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.

Tuesday 24 February 2015

Oldbrook spacious 3 double bedroom house, chain free at £200k with 5.6% yield

Here we have a very spacious, 3 double bedroom house on a nice part of Oldbrook, just a stones throw from Central Milton Keynes. Offered for sale at £200k, this is superb value for such a large house, and the condition appears to be more than acceptable with not much work needed.
 
 
 
 
 
With an ensuite bathroom to bedroom 1, gardens front & rear and no upper chain, this would potentially rent today at around £925 PCM, giving a great yield of 5.6%. What about the capital growth? Well, terraced houses in this area were for sale at around £143,167 in 2005, so the growth in the past decade has been 39% and in the past five years it has been 20.4%. Try getting that at a building society!
 
 
 
 
 
 
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.

Monday 23 February 2015

Great value freehold 1 bed maisonette, Walnut Tree £135k with yield of around 5.6%

How about this little gem, a freehold 1 bed ground floor maisonette on Walnut Tree with no service charges, offered for sale solely by us on behalf on one of our landlords for £135k with vacant possession.
 
 
 
 
In good order internally, with a garden and allocated car parking, this would achieve a rental of around £625 on the current rental market which is a yield of around 5.6%, and with prestigious local employers such as Red Bull Racing and The Open University you will have no problem letting this in the future.
 
Viewing urgently is advised, as this is likely to sell quickly to an interested investor, we have keys, can arrange full access for you, and know the history of this property going back almost 9 years.
 
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.

Thursday 19 February 2015

What great value - Newport Pagnell 3 bed terrace, £175k asking price, 5.8% yield

This seems to offer a little more value now, a 3 bed terraced house in Newport Pagnell for £175k, although I would budget for a change to the bathroom as it currently only has a wet room upstairs which is not very big.
 
 
 
 
With just the one external photo, I would advise getting along in person to have a good look around inside, but you could have it rented out in todays market for around £850 PCM which is a yield of 5.8%, and it would appeal to families who wish to stay in the area as there are never enough good yet affordable family homes in the town.
 
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 pop along and speak to us in person at our offices in Stony Stratford.

Wednesday 18 February 2015

No upper chain, 2 bed house on Two Mile Ash for £170k yield of 5.3%

This modest 2 bed terraced house is quite typical of a 1980's estate home, yet still very much in demand from young families, and with good schools nearby and excellent road links this is sure to appeal to a wide audience.
 
 
 
 
With some possible refreshing of the kitchen, this would achieve a yield of around 5.3% right now, but it will be the long term demand and growth that makes this a keeper. You could also add value by upgrading to gas central heating in the future, the windows & doors are already a modern UPVC and the garden just needs a seasonal tidying. This has grown by over 132% since the year 2000, and the signs are that it has plenty of life in it yet with further scope to keep it current and modernised.
 
 
 
 
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 pop along and speak to us in person at our offices in Stony Stratford.

Tuesday 17 February 2015

Lovely view - this 2 bed apartment in Wolverton Mill is offered at £165k through us, gross yield of 5.8%

Here we have another superb apartment with 2 bedrooms & 2 bathrooms, a fantastic lounge/diner, and offers great views across a pond and old farm complex (now used as light business units, but still very attractive to look at).
 
 
 
 
We have the keys for this here as it belongs to one of our ex-landlords, and it is offered for sale at a price of around £165k for a cash buyer, chain free and who is ready to move very quickly on this. At this price it would give a gross yield of around 5.8%, and would attract young professionals wanting a quiet place to live on the edge of town.
 
 
 
 
 
 
 
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 pop along and speak to us in person at our offices in Stony Stratford.

Monday 16 February 2015

Superb location - 2 bed/2 bath ground floor apartment in Monkston at £185k with gross yield of 5.5%

Look at how nice this property is - 2 double bedrooms, 2 bathrooms, very well appointed kitchen & bathrooms and no upper chain. In catchment of a really good school, and with great access for commuters to the M1, and to Kingston centre for shoppers, this is truly a fantastic location to suit all needs.
 
 
 
 
The spacious rooms certainly lend themselves to a couple of professional sharers, and at an asking price of £185k this represents good value for this location, and would achieve a gross yield of around 5.5%, but you won't ever have a void here because the space, location and specification is so good.
 
 
 
 
 
 
 
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 pop along and speak to us in person at our offices in Stony Stratford.

Thursday 12 February 2015

Rarely available 2 bed semi on Walnut Tree, £190k with excellent long term growth propects

Situated in the catchment of a number of fantastic local schools, and with every conceivable facility available on this estate, this property is good value at £190k for what it offers and where it is located.
 

 
 
Offered on the rental market, this would achieve around £825 PCM currently, but there seem to be tenants in situ at the moment you will have to work within the bounds of any existing tenancy agreement for now.
 
Properties like this, and in this very street, were sold for around £58K back in the year 2000, so this asking price represents a fantastic 227% growth in 15 years, and that's very good for Milton Keynes.
 
 
 

EDIT: TOO LATE, THIS IS NOW SOLD STC
 
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 pop along and speak to us in person at our offices in Stony Stratford.

Wednesday 11 February 2015

What a high spec - 2 double bedroom apartment on Grange Farm, around 5.8% gross yield

This is such a smart apartment, located behind electrically operated security gates and with a very high specification, and looks like it is ready to go straight on the rental market as it is.
 
 
 
With good size bedrooms and 2 bathrooms, this would really appeal to professional sharers or a young couple, and at £175k it is great value. When rented in the current market, this would likely achieve around £850 PCM giving a 5.8% gross yield, but do consider the ground rent and service charges.
 
 
 
 
 
 
 
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 pop along and speak to us in person at our offices in Stony Stratford.

Tuesday 10 February 2015

Stylish 2 bed apartment in Wolverton, £170k with gross yield of 5.6%

Today we have another great 2 bed apartment in a block that we know and already manage for an existing investor, in a modern development on the edge of the old railway town of Wolverton.
 
 
 
 
Last time we had one of these we were inundated with applicants, as this block offers modern, stylish living, secure parking and yet within walking distance to the train station and all local shops. At an asking price of £170k (do bargain for a reduction if you can), this could rent today at around £795 PCM giving a gross yield of 5.6%. It will attract professional young couples or sharers, and with 2 bedrooms & 2 bathrooms it is suited perfectly to this end. It already looks like it could be vacant and appears not to have too much work needed, so do get along and see this for yourself.
 
 
 
 
 
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 pop along and speak to us in person at our offices in Stony Stratford.

Monday 9 February 2015

Fantastic 2 bed / 2 bath apartment in Broughton, £165k is a great price with a 5.6% gross yield

Now we were at this block just last week, and these 2 bed apartments are really nice, and located in the quieter part of Broughton away from the busy centre and all the shops. Internally they are spacious and well appointed, and at £165k this offers good value for money although it does need redecorating and cleaning, so push for some money off the asking price.
 
 
 
 
 
On the rental market today, this would command a rental of around £775 which is a yield of 5.6% gross, currently a very good return for this area. With allocated parking, a very smart brick and stone built exterior, and wide, quiet internal hallways, this is a cut above the rest.
 
These apartments sold for around £158k when newly built in 2005, reached peak value in 2007 at £175k before the credit crunch, and one identical was sold in 2014 for £165k, so you can get in quick at this level now before prices start to rise again. With no upper chain you should not delay in seeing this as soon as you can.
 
 
 
 
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 pop along and speak to us in person at our offices in Stony Stratford.

Thursday 5 February 2015

A superb, modern, 2 bed apartment in Newton Leys for £165k with gross yield of 5.8%

What a nice property this is, located in the newly developed area of Newton Leys, just south of Bletchley and offering great road links out of Milton Keynes via the A5.
 
 
 
 


Offering 2 bedrooms and 2 bathrooms in a modern setting, this is offered with no upper chain at £165k and should rent at around £795 if not a little more, giving an attractive gross yield of 5.8%, and would really appeal to either a young couple or 2 professional sharers. With not much work to do internally, this could hit the rental market quickly upon completion and be earning you money without delay.
 
These were sold for £125k when brand new in December 2008, so you can see that growth has already started with a 31% increase over the new price, and this is through the early years of the credit crunch. With the whole area being developed and new schools & amenities planned in the future, this will soon be a bustling community in its own right.
 
 
 
 
 
 
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 pop along and speak to us in person at our offices in Stony Stratford.

Wednesday 4 February 2015

The Hub, CMK, 1 for sale & 1 repossession - 1 bed apartments with gross yield of 6.2%

These 1 bed apartments are always highly sought after by tenants securing jobs around CMK, and we are inundated with applicants from Santander, Tech Mahindra, Network Rail and others as they are huge local employers.
 
 
 
 
On the market today for £175k, if this was fully furnished to a reasonable standard then it would rent for at least £900 PCM and would not take long to find a tenant. With secure underground parking, bars & restaurants on the ground floor and all that CMK has to offer within a moments walk, these are always popular for city loving professionals. Just don't forget to investigate the service charges and ground rent though.
 
 
 
 
 
 
 
 
OR....
 
 
You could try to get lucky with a bid on this one, currently a repossession with a highest offer of £170k for pretty much the same style of apartment...
 
 
 
 
 
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.

Tuesday 3 February 2015

Excellent location - 2 bed house on Tattenhoe, £190k with yield of 5.2% but fantastic capital growth prospects

Location location location! This lovely 2 bed terraced house on Tattenhoe is in a very desirable area, and according to the particulars (not there are no photos at this time),it has a refitted bathroom & kitchen, has a garage, is not overlooked at the rear and there is no upper chain.
 
 
 
 
Such a property is bound to be popular, and although the asking price is at the high end at £190k at least most of the work has been done, and think about the great prospects for capital growth this would give in the coming years. An initial yield of around 5.2% will improve over time, the big money maker here is the increase in value of the house, and the little outlay it would need before hitting the rental market keeps your initial costs down.
 
 
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.