Wednesday 16 December 2015

Back again! Unusual freehold 2 bed coach house with garage and garden, £190k with 5.5% 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 £190k, 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 £875 PCM which represents a yield of 5.5%, pretty healthy for a non-project property in a quiet, residential cul-de-sac. For the 68,200 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
 
 



miltonkeynes.enquiries@belvoirlettings.com

Thursday 10 December 2015

Broughton 3 bed townhouse, £235k with 5.6% yield

Another family sized home for you today, located on the modern estate of Broughton which offers great access to the M1 and has great local schools for all ages.

 


 
  
 
Offered with tenants in place, this really is only ever going to appeal to landlords or investors anyway, and the benefit here is that there will be positive cash flow right from the moment you become the property owner. Do enquire as to the current tenancy terms (length & rental income) and of course check the internal condition, the state of the boiler, age of the flooring and decoration, as the tenants may well think that a new landlord will be automatically looking to update the property - you may well need to, and it may be that in order to do this you have to bring the tenancy to an end and have an empty property for a few weeks, but at that point you would list it for rental at around £1100 PCM which is a 5.6% yield. We can also advise you with regards to your assumed responsibilities once you take over the tenancy, along with the most cost effective way of refurbishing and keeping it up to date in order to attract the best tenants.

 

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.



 
 

 

Wednesday 9 December 2015

Family home in Pennyland, 3 beds £235k, 5.6% yield

Our suggestion today is a nicely presented 3 bed family home on Pennylands, with plenty of space for a young family.
 
 
 
 
 
 
With 3 decent sized bedrooms, a beautiful kitchen and family bathroom, downstairs WC and a spacious and private rear garden, this is very well appointed for the price point and represents good value in todays market for an investment landlord - with the best 2 bed houses commanding a very similar price, this is sure to be snapped up quite quickly. Offered for sale at £235k, I would see if there is any room for a deal to be done this side of Christmas for a few thousand pounds off, and this could be on the rental market in the early part of 2016 for around £1100 PCM, a very respectable 5.6% yield.
 
 
 
 
 
 
Family 3 bed houses are great long term rental options, as families tend to stay for a number of years once they have their children settled into local schools, and this particular property looks well kept and updated by its current owners, which bodes well for future maintenance issues. With over 65,400 searches on Rightmove last  month for a property such as this, you can be sure it will be in high demand and will be on a lot of shortlists for viewings when it goes on to the rental market.
 
 
 
 
 
 
 
 
 
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.



 
 

 

Wednesday 2 December 2015

Great family home in Emerson Valley, reduced to £240k now with 5.5% yield

This one is another of those great family homes on a lovely street on a popular estate, with excellent local schools - everything a family wants.
 
 
 

 
 
 
On sale today for a reduced price of around £240k, for a house in this location it does make a lot of sense to invest in one that will cater for a long term family as the local secondary school at Shenley Brook End is highly rated, and with an anticipated rental of around £1100 this returns a yield of 5.5% which is currently a great return on such a property. With local parks and woodland walks, along with an extensive local shopping centre at Westcroft, all that a family needs is available locally, and the quality of the housing stock makes this a very comfortable and safe place to live.
 
 
 
UPDATE:  THIS HAS JUST BEEN REDUCED BY £10K TO £240K WHICH MAKES EVEN MORE SENSE FOR AN INVESTOR
 
 
 
 
 
 



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

Tuesday 1 December 2015

Oakhill 4 bed townhouse, Hazeley secondary catchment, reduced to £265k with 5.7% 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 the now reduced price of £265k, 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 5.7% 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 by over 26% since 2008 when you could have bought this for just £210k.
 
 
 
 
 



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