Newton Leys stunner! 2 bed 2 bathroom apartment, £162.5k with 5.9% gross yield

How nice is this little gem that we have for you today - a 2 bedroom 2 bathroom stunning apartment in the new development of Newton Leys, and your chance to get in whilst the area is still being developed and gaining its own identity.

 

 

 

 

So just what is so good about this one? Well it is just perfectly suited to the young professional sharer market, is of a new and modern style with parking included, and ought to be relatively low maintenance now that the first owner has 'snagged' the property and got it all sorted. At an asking price of £162.5k, this would rent for around £795 PCM in the current market, showing a gross yield of 5.9% which is excellent for a property which is by no means a project or any kind of hard work for a new investor. Demand for this area is such that there would have been 477 successful searches for this exact property last month, with over 85000 across the city as a whole, so that is the size of the market chasing flats or apartments alone.

 

 

 

 

The details of this property have already been forwarded to a number of our interested subscribers who are currently looking for such an investment. If you are one of the hundreds of other potential 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

Light project time - 2 bed mid terrace in Walnut Tree, £175k but will take an offer

We managed to have an internal viewing on this recently with one of our investors, and although it didn't suit him (he wasn't looking to do any work on an investment property), this could well appeal to someone who wants to get their hands a little bit dirty and add some value.

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-50821892.html

 

 

Whilst the structure and main fabric of the house is generally OK, it does need a new kitchen for sure, the decoration would need to be sorted and so would the garden. We are told that the existing owner will replace all the windows as part of the sale as they in a really poor condition, and that they would be open to a close offer on this. It will be offered with vacant possession, and when tidied up this could potentially be rented at up to £775 in a strong market - if you were to secure this for £170k then your yield would be 5.5% and it would be a very marketable property for years to come.

 

The details of this property have already been forwarded to our many subscribers who are currently looking for such an investment. If you are one of the hundreds of other potential 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

Another Crownhill 2 bed semi in high demand, £185k with minimum 5.2% yield

Today we have another 2 bedroom semi detached house in Crownhill, offered for sale with a modern kitchen and refitted shower room for a tad under £185k.

 

 

 

 

 

 

With a carport and off road parking for 2 cars, this represents fair value for money (but do try to get some reduction if you can, just to make the figures more attractive) and would likely rent for around £795 PCM in the current market, a yield of 5.2% but it's best attribute is that it is in an established residential area with great school catchments, so will always appeal to young families. Last month, there were 452 searches on Rightmove for this specific location that would have shown this property, and over 100,000 if you look at 2 bed semis across the whole of Milton Keynes - so you can see the level of demand that exists for this type of property at all times across the whole of the city.

 

 

 

 

 

 

 

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

Such a nice affordable family home - Bradwell Village 3 bed terrace, £190k with 5.4% yield

Located in the newer part of Bradwell Village, this typical 3 bed terraced house offers stunning value for money for any investor.

 

 

 

 

 

 

With 3 bedrooms, gas central heating, front & rear gardens and good schools nearby, this offers a lovely family home to potential tenants, and also is close enough to walk to Milton Keynes train station for those that commute to work. On the market for a shade under £190k, on todays rental market this would achieve around £850 PCM, a yield of 5.4%, but you won't have a problem letting this over and over again to families looking for stability. All the major features seem to be in place, such as a decent modern kitchen, a family sized garden and UPVC double glazing, so you shouldn't have too much more to spend to get this rented.

 

 

 

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

Two Mile Ash 1 bed house, £145k asking price with gross yield of 5.4%

These lovely 1 bedroom cluster houses are always popular amongst younger tenants, and they have everything a regular house has just in smaller proportions.

 

 

 

 

 

Offered for sale at £145k, high demand for these means that it could rent for around £650 PCM easily, especially given the high level of internal finish and the quality of the kitchen - this is above and beyond the quality needed for a rental property, and will really help to get this house let without any delays. Last week alone there were 323 searches for this exact type of property on Rightmove just in the Two Mile Ash area, so you can see there is demand there straight away.

 

 

 

EDIT: ALREADY UNDER OFFER, THIS COULD HAVE BEEN YOU!

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

Newport Pagnell 3 bed semi, garage & conservatory - £210k with 5.4% yield

Todays little gem is a family friendly property on a family friendly estate in Newport Pagnell - a fairly typical 3 bed semi-detached with driveway, garage and conservatory. We know from experience that there are never enough family sized properties on the market for this location, and when they come up they are very sought after.

 

 

 

 

 

Now it may well need a little makeover to bring the aesthetics up to date, but essentially all the bare bones seem to be in good order, the room sizes aren't too bad, and with a sale price of £210k it represents fair value for such a house. You would likely rent this for around £950 in the current market, which is an initial yield of 5.4%, but the winner here is the long term potential for this to let to families who are very likely to stay in the house for years at a time.

 

 

 

 

 

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 email us.

 

 





miltonkeynes.enquiries@belvoirlettings.com

Another house just outside Bletchley train station, 3 bed terraced for £230k, yield of around 5.7%

Like buses, you wait for ages then several come at once! Here is another fantastic home that would suit the London commuters now, an immaculately presented 3 bedroom modern terraced house within a few hundred meters of Bletchley train station.

 

 

 

Offering stunning communal gardens within the internal courtyard, 2 allocated parking spaces, built in wardrobes in all rooms, this is sure to appeal to a professional couple who might still work in London, and can commute easily and park for free at home all day. With an anticipated rental value of around £1100 this has a yield of 5.7%, and is sure to be popular for many reasons, including just how spotlessly presented it is and the fantastic specification including integrated Smeg appliances.

 

 

 

 http://www.rightmove.co.uk/property-for-sale/property-34253862.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

Crownhill 2 bedroom terraced, reduced to £165k, yield of around 5.8%

Today we have another 2 bedroom house, this time without the benefit of being recently refurbished so there is some saving to be made on the purchase price, and also scope for further value to be added by you through the process of modernisation.

 

 

 

 

 

On the market today at the reduced price of £165k, this could still be rented for £795 showing a decent return of 5.8% in its current state, so you can see there is still some money to be made out of this one. Back in 2012, a very similar property on this road sold for £125k and would have rented for around £675 PCM, so there has been capital growth of £40k or 32% in 3 years at todays asking price, with a corresponding rise in rental income of 17% - that's not bad given that this is just your average, middle of the road, nothing special 2 bed terrace.

 

http://www.rightmove.co.uk/property-for-sale/property-47283487.html

 

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.





miltonkeynes.enquiries@belvoirlettings.com

Walnut Tree refurbished 2 bed house, £180k with 5.5% immediate yield

How about this lovely 2 bedroom terraced house on the ever popular Walnut Tree, fully refurbished and with no upper chain, this immediately available property has had all the hard work done to it, and could be earning you money without delay.

 

 

 

 

 

Offered for sale at £180k or offers above this, in it's current condition we would put this straight onto the rental market at £825 PCM, which is a yield of 5.5% right from the word go. These 2 bed homes are incredibly popular all over Milton Keynes, and the benefit of Walnut Tree is that if offers an excellent range of local shopping, 3 schools, a doctors surgery and pharmacy, pubs and takeaways, and lots of outdoor recreational space - in short, everything a young family would need in order for then to be able to live here for many years.

 

 

 

 

Last week alone, there were 222 searches for this type of property in this specific area, so you can see the level of demand on the open market. We already have a number of live applicants on our books who could view this today, such is the interest that we always seem to have for people waiting for decent 2 bedroom houses to appear close to great schools.

 

 

 

 

 

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

 

 





miltonkeynes.enquiries@belvoirlettings.com

Hartwell village 3 bed property, £190k asking price, 5.2% minimum yield but great potential to let

This property is located just to the north of Milton Keynes in one of the many pretty villages, yet still within 15 minutes drive of the city and with even quicker access to junction 15 of the M1 motorway.

 

 

 

 

With 3 decent sized bedrooms, a very modern refitted kitchen and a spacious conservatory, along with a single garage and front/rear gardens, this offers a lot of property for the money. Even better, it is in a location that is often under represented yet still in demand, particularly from employees working at the Foreign & Commonwealth Office facility just outside Hanslope, and of course commuters who can simply hop on to the motorway and be in London or Birmingham within an hour.

 

 

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-34182864.html

 

With an asking price of £190k, I would barter hard for a better deal on this as the same house a few doors away sold for £147k in November 2013. This would rent currently for around £825 PCM, giving a yield of 5.2% at the asking price, but what else is there to rent in this area at the moment - not much really, and we are always receiving enquiries from families wanting to live in a village location but within easy reach of Milton Keynes. 10 years ago, a house such as this would have sold for £125k, showing growth of 52% at todays price.

 

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

Delightful 1 bedroom house in Bluebridge, offers over £140k, 5.6% yield possible

These 1 bedroom terraced houses are always popular, we occasionally have 1 or 2 available and they go like proverbial hot cakes, and as this one has a decent sized private garden and rear access, this will be another one that won't hang around long.

 

 

 

 

 

With an asking price of offers over £140k, this includes an off road allocated parking space and spacious downstairs living rooms for a house of this nature and price. On the rental market, you could currently expect to achieve around £650 PCM for this, giving a yield of 5.6% which is very good at the moment locally. We have just let a very similar property a few streets away on this estate, and it was taken on the second viewing on the first afternoon of marketing.

 

 

 

 

 

 

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

 

 





miltonkeynes.enquiries@belvoirlettings.com

Broughton 1 bed apartment, £130k with 5.8% gross yield

Perfect for young professionals, this 1 bedroom apartment in Broughton has everything in compact proportions and in a great location, close enough to Central Milton Keynes and the M1 for the London commuters.

 

 

 

 

 

Offered at a shade under £130k, it has allocated parking, a balcony and is of a good modern standard internally, and with no upper chain it represents a quick and cost effective opportunity to get on to the property investment ladder. A rent of at least £625 PCM is achievable here, giving the new owner a gross yield of 5.8%, and being in a tenant friendly area which has always proven very popular and attractive to the younger generation this is sure to let over and over without difficulty.

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-47804771.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