Monday 29 June 2015

Size is everything! Bletchley 2 bed semi with loft room, £180k with 5.7% yield

This property offers exceptional value for money, and although it is marketed and will be rented as a 2 bedroom house, the useful addition of a loft room lends itself to many uses.
 
 
 
 
 
 
In great condition throughout, with a huge garden and literally a car park for a driveway, this is on the market at a touch under £180K, and I would be happy to rent this today for around £850 PCM, which is a yield of 5.7%, a pretty good return in the current market. For a growing family this would be ideal, and it is a traditional solid house in an established residential area on the outskirts of Bletchley and Milton Keynes. It won't stick around for long, so don't delay and contact the vendor soonest for an early viewing.
 
 
 
 
 




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

Thursday 25 June 2015

West Bletchley - good, solid 3 bed terrace, £190k with 5.7% yield

How about a pretty solid, older house in a more established area of Bletchley, with plenty of space and a lot of work already done for you, yet at an attractive price?
 
 
 
 
 
For sale with Haart in Milton Keynes, this is on the market for £190k and I would expect to be able to rent this today for around £875-895 PCM, giving a potential yield of 5.7% - that's not bad in the current market place, and if the house is as large and as well sorted as you would hope, then it would make a great rental proposition for a smart investor looking for value for money. As for demand, in this location alone (not the whole of Milton Keynes, just Bletchley) there were 6,810 searches for a house such as this last month, so you can see it would have been very popular on the rental market.
 
 




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
 
 



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Wednesday 24 June 2015

It's all about the school! 3 bed extended semi on Shenley Church End for £230k, yield of 5.5% possible

You've heard the saying, location, location, location - well here it has never been more true. Within a 2 minute walk of one of the very best secondary schools in Milton Keynes, along with a brand new Sainsbury's supermarket and in a desirable area anyway, this is just ready to let to long term tenant families.
 
 
 
 
 
 
Offered for sale at a shade under £230k, this seems ready to hit the rental market and is of a very high quality internally, having been extended and remodelled by the owners. With a downstairs master bedroom complete with en-suite, a conservatory and lovely bathrooms and kitchen, this is sure to appeal very highly to families looking to get or keep their children at Denbigh School which is located very close by. On todays rental market this would rent for around £1050 which is a decent yield of 5.5%, and it will always rent well, and generally for longer periods of time, so there is little to worry about if you were to invest in this property. In fact, we currently have 2 tenant families of our own who are looking to upgrade to this exact house in this area, and I have taken several similar enquiries in recent weeks from people for whom this would make an ideal home.
 
 
 
 
 
 

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
 
 



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Tuesday 23 June 2015

Tenants in place, modern 2 bed apartment in Broughton, £175k with 5.7% gross yield

Here's a lovely property on Broughton that is currently tenanted and managed through us, it has been fully redecorated in Spring 2015, offers 2 bedrooms and 2 bathrooms so is perfect for professional sharers, and needs nothing doing to it at this time.
 
 
 
 
 
For sale by the current landlord (discreetly, this is not on the open market) at £175k, we can vouch for just how good this property is - so good in fact, that when we marketed this is was taken by the first applicants within 2 hours of them viewing it, as nothing else that they had seen came close. Offered with a 90 year lease remaining and annual service charges of £975, it's current rental income is £825 PCM at this time, a gross yield of 5.7%, but upon re-letting this we would envisage it being able to achieve at least £850 PCM due to the rising market and high demand. If you would like to view this, please call us for your ONLY opportunity to have a look inside and to learn more about it.
 
 
 
 


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
 
 



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Friday 19 June 2015

What a find! Freehold 1 bed house on Willen Park, £145k with minimum 5.4% yield

Sometimes these gems just appear from nowhere, and I can tell you that across Milton Keynes these 1 bedroom cluster houses are in very high demand, despite there being literally thousands of them. Two things really stand out about this one - first it is freehold, so no standing charges, and secondly it has a very nice garden. Now tell me where you've seen something like this recently?
 
 
 
 
 
On the market for a whisker under £145k, do go along and see how good it is and how close to the asking price you would have to offer to secure this, I'm thinking nearer to £140k would be a good price on this as there could be work to do in the kitchen (note that there are no photos of it). If it went on the rental market today, this would achieve at least £650 PCM, if not a tad more as we are in a strong and rising market right now, which is a minimum of 5.4% yield. Anyone interested in this should not delay, as it will not hang around long, as it is a lot of house for the money.
 
 
 
 

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

Thursday 18 June 2015

Very popular area! Walnut Tree 1 bed house at £145k with 5.3% yield

We have 4 others like this in this street alone, so we really know the ins and outs, the problems they can have and the target market they attract, and this one is something that you could add value to today, a 1 bedroom cluster house with lots of potential.
 
 
 
 
 
On the market for a shade under £145k, try to get some money off as it does need some TLC and some minor internal works, but in half decent condition this would rent (as do the 2 either side of it which are our properties) for £640 PCM easily, and to young single professionals or a couple starting out this is a fantastic option in a great location. You won't have to worry about voids here as these are so popular, we literally have people waiting all the time for such properties and they never fail to let.
 
 
 
 
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
 
 



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Wednesday 17 June 2015

Broughton lovely 2 bed terrace, £180k with 5.5% yield

Today we have this delightful and spacious 2 bed terraced home in Broughton, with easy access to the M1 for commuters and yet still within close striking distance of Central Milton Keynes.
 
 
 
 
 
 
Newly built in December 2012, these sold for £162k at the time, so at todays retail price this equates to an 11% increase in value in just over two and a half years, with scope for plenty of future growth as more and more homes come online in this fast growing area. New schools, shops and leisure facilities are already opening, with large scale development all around this area now going full speed ahead, and attracting people to live here in large numbers. Offering 2 bedrooms, a downstairs WC, 2 allocated parking bays and a modern internal style, at todays rental valuation of £825 PCM this would show a 5.5% yield and yet would be a very popular proposition on future rental markets.
 






* EDIT: Having seen inside this now, it is VERY small, and this would limit its appeal. I would now revise my valuation to £760 PCM or 5.1% yield, and due to the small size I would say it would be less popular than first imagined, so please do have a good look and think hard before committing to this *

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
 
 



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Monday 15 June 2015

What a lot of house! Huge 3 bed Victorian terrace in Wolverton, £210k with 5.7% yield possible

Today we bring you a large 3 bedroom Victorian terraced house in the up & coming Wolverton area, on one of the better roads at the top of town.
 
 
 
 
 
Externally this could do with some of the colour toning down, the rear garden needs a good tidying, and the bedroom accessed through the main bathroom is - unusual - however, what a lot of house you get for the money. On sale now at £210k, this would go on the rental market with just a little work at around £1000 PCM, a yield of 5.7%. We have recently let one just like this a few streets away, and it was taken on first viewing by a family keen to stay in the area who were already on our waiting list, and the owners were extremely happy with the quick turnaround on our part, as were the new tenants who had waited patiently for just such a house to come onto the market.
 
 
 
 
 
Wolverton is an area that is undergoing some large scale regeneration, in recent years hundreds of new houses on brand new developments have sprung up, drawing in new families keen to live in historic and vibrant community with a rich heritage.
 
 
 
 
 


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

Friday 12 June 2015

Beautiful location - Newton Leys 2 bedroom apartment, £170k with 5.8% gross yield possible

Another 2 bed apartment today, this time in the totally new development at Newton Leys, once old clay pits for the brick making industry, now totally made over and offering modern, stylish accommodation close to the A5, with beautiful countryside walks and views all around.
 
 
 
 
 
The particular apartment is a 1st floor 2 bedroom property with en-suite to master, balcony and dual aspect lounge/diner and allocated parking. Rents here reflect the newer build and more modern style both internally and externally, with £825 PCM possible, a gross return of 5.8%. What you will be buying into is minimal maintenance from a recently constructed building, and a new and vibrant location which will grow tremendously well in coming years once all of the schools, shops and amenities come online. Currently less than 3 years old, these properties were sold for around £150k when new, so there has already been approximately 13% growth even during the quite post-recession years, so you could reasonably expect future growth to be much higher.
 
 
 


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

Wednesday 10 June 2015

Newport Pagnell lovely ground floor 2 bed flat, £155k with 5.8% gross yield

We know this apartment personally, as we advertised it and found tenants for the vendor last year, and it appears they may be wanting to remain in situ from the sale particulars.
 
 
 
 
In decent, clean condition throughout, this ground floor flat has a lovely open plan feel to the lounge/kitchen, and comes with allocated parking and a small residents garden to the rear. The tenants currently pay £695 PCM, although if it was to be advertised on the open market today you could expect to achieve around £750 PCM due to the current strong market conditions and high demand. We have seen 2 bed apartments in this development sell quite quickly in the past, as the location makes it ideal for motorway commuters and yet is still close to the town centre for the local shopping and pubs/restaurants.






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.


 



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Monday 8 June 2015

Garden flat in a very small block, £150k with 5.8% gross yield

What a great property to start the week with - a delightful and unusual garden flat in a small development on Crowborough Lane, Kents Hill.
 
 
 
 
 
Being just one of four flats in this low rise block, it features a large open atrium and stairwell with plenty of internal space in the communal area along with allocated off road parking. With a very long lease of 979 years, this could be a very interesting property. Being finished to a good standard already, this looks like it won't need too much to prepare it for the rental market where it would strongly appeal to the young professional tenant, and would rent today for around £725 PCM giving a gross yield of 5.8%, plus being on the doorstep of The Open University and Red Bull Racing F1 Team you can be sure to attract someone willing to pay the price to enjoy all that this offers.
 
 




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.
 
 



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Friday 5 June 2015

Charming 1 bed ground floor flat, Newport Pagnell, £130k with 5.9% gross yield

The flats in this small development close to the centre of Newport Pagnell are very nicely kept and spacious, offer residents off road parking and are incredibly popular.
 
 
 
 
At an asking price of £130k it represents stunning value for money, with a 104 year lease remaining and £420 annual maintenance charge you know where you are and it's not an excessive service charge. On todays rental market, this would easily rent for around £640 PCM which is a gross yield of a very acceptable 5.9% gross. Demand continues to remain high for such a property, we have let 6 similar 1 bedroom properties in just the last week, with many applicants now queuing and waiting for the next to come along, so don't worry about having a void period here.
 
 
 
 



If you are thinking of getting into the property rental market and don't know where to start, or want expert local knowledge about what has increased in value and what hasn't, then 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.






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Wednesday 3 June 2015

Great value for the commuter market - 1 bed maisonette on Oldbrook £120k with 6% gross yield

This could be a great little earner for someone, a 1 bedroom ground floor maisonette located on Oldbrook, within a very short 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.
 
 
 
 
 
Just the one external photo tells me there could well be some work to do internally, but if you think about it, how much can there be to work on in such a small property? Offered for sale at a very reasonable £120k, this would rent today at around £600 if not a little more - we are in an extremely busy market for such properties right now, demand is staggering, with 15,819 searches for 1 bedroom apartments in the last week alone - so you can see that the demand is clearly there, and seemingly never ending at this 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 send us an email.


 



miltonkeynes.enquiries@belvoirlettings.com