Friday 31 July 2015

Fantastic value! Bletchley Park 3 bed house, £215k with potential yield of 5.9%

Didn't think you could afford a lovely family sized house in Bletchley Park? Think again - this 3 bedroom house is right on the doorstep of Bletchley train station and is situated on the development which was built on the grounds of the codebreakers HQ back in 2006/7, and this area is really proving very popular with commuters.

 

 
 
 
With an asking price of £215k this surely won't stay on the market for long - with 3 bathrooms, a garage, no upper chain and a modern style this will really appeal to families looking for modern accommodation. On the rental market today, we would ask £1025-1050 PCM for this which is a very respectable 5.9% yield, and it won't take long to find tenants for such a property, as we have families sat waiting for these properties to appear all the time. Do get along and view this yourself, because for the price, you will struggle to find anything like it on the market right now.
 



 
 


If you can't find what you are looking for on the property rental market and need a little help finding those gems, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about any 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

Thursday 30 July 2015

Canal side location in Fenny Stratford, £158.5k with fantastic gross yield of 6.4%

Now these properties are always popular on the rental market, as they offer modern style with easy parking and great access to the A5 and the centre of Bletchley and the southern parts of Milton Keynes.
 
 
 
 
 
 
With gas central heating, a large balcony and 2 bathrooms, this is the perfect flat for 2 professional sharers who wish to split the cost of living. With a current retail price of £158.5k this is quite good value for a property of this size and specification, and on the rental market right now this would achieve around £825-850 PCM, a potential gross yield of 6.4%. With continual high demand for 2 bedroom properties across the whole of the city, especially one that would accept sharers and could comfortably accommodate their needs, we would have no problem in letting this out. As it is fairly recently constructed (this area was a brownfield redevelopment in 2007-2008, the first units coming to the market right in the depths of the credit crunch), the maintenance costs should be minimal and the fabric of the buildings and the surrounding area are still all in very good order, but do factor in the ground rent and annual service charges, and of course ask about the lease period remaining.
 
 
 
 
 
 
 

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.





 
miltonkeynes.enquiries@belvoirlettings.com

Monday 27 July 2015

Wow! Oakhill 3 bed semi with guide price of £200k and yield of around 6.6%

What a way to start the week - this rather nice 3 bed semi on Oakhill has a very high level of internal finish and has clearly been looked after by its current owners, and is now on the market for what seems a ridiculously low price of £200k, so maybe they are looking for best offers over this, but do keep reading....
 
 
 
 
 
 
On the doorstep of Hazeley School, and only 10 years old from new, this house would appeal to professional families looking for a quality home in the catchment of a great school and close to a varied range of local shops over the road on Grange Farm. If we were to rent this today, it would go on the market at around £1100 PCM, which at the asking price is an amazing 6.6% yield. Now even if this sold for £240k (and ultimately it may well do), this would still give a 5.5% yield, and of course all the facts above are unchanged regarding demand and internal condition.
 
 
 
 
 
I would urge any of our readers who may be interested in this to speak to the vendor without delay, because this could well be a nice earner for one of you - and if you do buy it, remember where you heard it first!
 
 
 



** STOP PRESS - SINCE WRITING THIS, WE HAVE LEARNED THAT IT IS NOW SOLD **

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.





 
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Thursday 23 July 2015

Unusual freehold 2 bed coach house with garage and garden, £185k with 5.4% 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 £185k, 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 £825 PCM which represents a yield of 5.4%, pretty healthy for a non-project property in a quiet, residential cul-de-sac. For the 79,968 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.
 
 
 




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 22 July 2015

Handy for the city centre - 3 bed detached in Oldbrook, £235 k with 5.2% yield

Close enough to the city centre but still in suburbia, this 3 bed detached house could be very practical for a family who work in the city or need to commute by train.
 
 
 
 
 
 
On the market now for £235k, the property looks to be in good order and on a nice residential street, with no upper chain and all the things that a young family would love - downstairs WC, ensuite bathroom to master, enclosed and flat rear garden and a beautiful kitchen. On the rental market today, we would achieve around £995 PCM for this which is an initial yield of 5.2%, but it will continue to rent well in the future and the proximity to schools, shops and the city will be the attraction here.
 
 



 

 


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

Tuesday 21 July 2015

Exceptional value 3 bed detached on Furzton, £235k with 5.4% yield

Todays little gem is a delightful 3 bed detached house on Furzton with garage, ample parking and a conservatory, for sale direct by the owner on Purple Bricks.
 
 
 
 
 
With an asking price of £235k, there is just a slight amount of decoration needed to neutralise a few of the rooms, and with an extremely low maintenance rear garden as well this is one that will not be hard to rent out. On todays rental market, we would achieve £1050 PCM, possibly even more on the day, but this would return you a minimum 5.4% yield. With a detached, family home and so much parking, this will be sure to go to a family looking for a longer term rental, and as such you will be sure to have good tenants who are committed to stay as their family grows. Last month, there were 73,482 searches on Rightmove that would have found this exact house within the live stock available for Milton Keynes.
 
 
 
 
 
 
As for capital growth, a house very similar to this would have sold for £68k back in 2000, an increase of a staggering 245% in 15 years! Now it's quite unlikely that this will happen again at quite such a high rate of return, but it gives an indication of the quality of this area and how popular it is, because a neighbourhood which is in decline would never show such positive figures.
 
 






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.





 
miltonkeynes.enquiries@belvoirlettings.com

Monday 20 July 2015

Light project in Newport Pagnell - £175k with potential 6% yield here

If you want to add value to an investment property then the way to go about it is to buy one that needs some work, because anything you do will immediately improve its appearance and make it more 'lettable', but best of all, the money spent on it is not money down the drain - the value will be there for years to come, provided you do it correctly and sensibly, and here is one such property.
 
 
 
 
 
 
Do go along and check the location, because on the one hand it is within walking distance of the only secondary school in Newport Pagnell, and whilst it is also a very 'family friendly' estate, this particular street is quite close to the motorway, and noise may be an issue so check this out.
 
 
 
 
 
 
For sale today at £175k, it would need a new kitchen, a full redecoration, the garden and fences could do with a bit of work, but with no upper chain and good schools on the doorstep tis would rent today for around £875 PCM which is a very nice 6% yield. Even with a £10k budget for improvements, your return would be in the region of 5.7% - clearly there is some money in this deal, so don't delay and get along to see it for yourself. In this area last month, there would have been 7,179 families searching for this kind of property according to Rightmove statistics, so you can see the sort of demand there is here, and once tidied up and modernised, this could be a decent earner for many years to come.
 
 





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.





 
miltonkeynes.enquiries@belvoirlettings.com

Thursday 16 July 2015

Exceptional value here - Bradwell Village 3 bed terrace, £195k with 5.5% yield

This is a very nicely finished, solid family house from the 1980's, yet updated wherever possible to a modern standard.

 
 
 
 
Not the prettiest externally yet spacious and modern inside, this would have sold for around £67k in the year 2000, so at todays retail price this represents an increase of 191% as the rest of Milton Keynes has grown around it and helped to create a decent level of demand for both purchasers and tenants. At todays rental market value of around £900 PCM this would give a handsome return of 5.5% and it would appeal to families looking for a tidy and modern property close to schools, shops and transport links.

 
 
 
 
 



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.





 
miltonkeynes.enquiries@belvoirlettings.com

Wednesday 15 July 2015

Spacious 3 double bedroom house on Emerson Valley, £240k with minimum 5.3% yield

How about a decent sized 3 bed terraced house on the ever popular and leafy Emerson Valley estate? Situated close to the linear park and with great local schools, this could be a larger house for a long term tenant family and is sure to be popular.
 
 
 
 
 
Offered for sale today at £240k with a garage, 3 good sized bedrooms and a fair sized garden, this will appeal to families who want to put down roots and settle their children into the local schools, so having a void should not ever be a worry with this one. On todays rental market I would suggest a price of around £1050, which would be an initial yield of 5.3% but don't forget that rents are rising quite quickly at the moment, and this is mainly due to the very high demand in the local market, so a decent long term return is assured from this property.
 
 
 
 
 
 
** STOP PRESS, THIS HAS NOW RECEIVED AN OFFER, SUCH IS
THE SPEED OF THE MARKET AT THIS TIME **



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

Tuesday 14 July 2015

Show house quality! 3 bed semi in Wolverton Mill, £250k with 5.3 yield here

You can literally see the money in this house, it is of the utmost quality throughout and in virtually a show home condition, with just a little toning down of some of the strong colours required before going onto the rental market.
 
 
 
 
 
In a location that is within walking distance of schools for all ages and the centre of both Wolverton and Stony Stratford, this would appeal to families who don't want to be cramped into the centre of either town and require off road parking or a garage, which this has. On the rental market today, this would achieve £1100 PCM which represents a yield of 5.3%, and with such a modern and well presented property you are sure to have continuous tenants here. At todays asking price of £250k, this has increased already by £75k in 8 years since newly built, an increase of 42% - very good capital appreciation considering these would have been completed and first up for sale during the depths of the credit crunch.
 
 
 



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

Monday 13 July 2015

Great value 3 bed modern townhouse in Wolverton, £235k with respectable 5.6% yield

Now this is quite a lot of house for the money, with everything a modern family would expect and at a very keen price. It has a bathroom or WC on every floor, garage, gas central heating and double glazing, and an amazing top floor master suite.
 
 
 
 
 
Located at the far end of Church Street in Wolverton, this house sits in a modern development and yet is still within a short walk of the centre of town and the mainline train station. On sale for around £235k, I would not hold back or delay in viewing this as it won't be around for long, and with a yield of 5.6% at todays rental price of £1100 PCM this would see an immediate return on your investment, along with great potential for future growth in an up and coming location. From new in 2002, these houses were around £160k, and after riding out the last 'boom and bust' the current value shows a growth of 45% for this house so far, and the outlook when letting to families for many years to come is very positive, this will not be one to worry too much about.
 
 
 
 
 
 



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
 

Friday 10 July 2015

Another gem in Wolverton, a large 3 bed Victorian terrace, £210k with 5.7% yield

This is such a lot of house for the money, a large 3 bed terraced house in Wolverton in what appears to be great condition, offering modern internal living in the historic heart of the town.
 
 
 
 
 
On sale today for £210k, it appears to need anything doing to it to prepare it for rental, and if we were to list this for rental today it would achieve £1000 PCM, this represents a very attractive 5.7% yield, and in a location that is growing in popularity with families due to the regeneration and expansion going on locally. Within walking distance from the town swimming pool, large supermarket chains and numerous schools, this is a great opportunity that will be jumped on by families wanting to stay locally as they grow.
 
 

 
 
With facilities such as an upstairs main bathroom, downstairs WC, utility room, double glazing & off road parking for multiple cars, there is so much on offer here to tempt future tenants that you can be assured to be addressing a level of demand that already exists, including the 3207 families who would have found this in their Rightmove search this past month for Wolverton alone.
 
 
 
 
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

Wednesday 8 July 2015

Superb value! Leadenhall 2 bed apartment £160k with 6% gross yield

How about this for a location - on Leadenhall just opposite St.Pauls High School & Milton Keynes College and a few hundred metres away from the Milton Keynes Academy, and still just a short walk from the railway station and city centre, and what a great price it is.
 
 
 
 
 
With a huge lounge/diner and 2 bedrooms, this represents good value at a shade under £160k, and this would rent today at around £795 PCM, a very respectable yield of 6% gross. Do enquire as to the service charges and ground rent, and try to arrange an internal viewing as there is only one external photo - now it could just be tenanted at the moment, or it may need some remedial works, so make all your checks and take professional advice if necessary.


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
 

Friday 3 July 2015

Stunning 2 bed house in Redhouse Park, £200k with 5.6% gross yield

Stunning, spacious, modern and different - these are all words I would use to describe this wonderful property on the incredibly popular and newly opened Redhouse Park, a very desirable and affluent new neighbourhood situated between Wolverton and Newport Pagnell. Rent levels are high around here, as people are prepared to pay for the newness of not just the houses but also the location, which boasts lakeside walks and open countryside to the north of the site.
 
 
 
 
 
Described as detached (although it appears not be, it has undercover parking next to the downstairs room), it has an enormous front room downstairs with a kitchen/breakfast room upstairs along with the traditional bedroom layout. Offered at an asking price of £200k with £46 per month charges, we would be happy to offer this for rental in todays market at £925 PCM which represents a decent 5.6% gross yield, and with such a beautiful and modern property you are sure to see decent capital growth in the coming years, especially given that someone else has already gone through the pain of snagging and all the new build woes.



 

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