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