Thursday 25 February 2016

Watling Manor stunning new build 2 bedroom apartments, buy off plan for June completion

We have championed this new West Flank development in Milton Keynes long since before the ground was broken, and today we are proud to be able to offer our readers a look at the latest stock offerings from David Wilson Homes, a range of stunning and spacious 2 bedroom apartments and coach houses to buy off plan today for June completion, in the beautiful new neighbourhood of Fairfield, just a few hundred metres south of the historic market town of Stony Stratford.







The latest release consists of a range of 2 bedroom apartments, most with 2 bedroom & 1 bathroom and high end interior finish, white goods to include cooker, hob, washing machine and dishwasher, allocated residents parking, lockable bike stores and much more, all available from £235k in Stratford House and Watling House. Also available is a more spacious version of the same apartment with an en-suite bathroom and separate dressing room available to the master bedroom, these will retail for £260k. A third variant is the Wincham coach house, effectively a 2 bedroom 1 bathroom detached apartment sat across the top of the entrance to the private parking and bike store, cost for this is £250k and there are extremely limited number of these units on site so will be snapped up quickly.






So as investments how do they stack up? All include a 2 year on site customer service call out to help with snagging and minor inconveniences that your first tenants identify, 10 year NHBC guarantee, are highly energy efficient with low energy lighting and gas combi boilers, and will generate a gross yield of between 5.3-5.6%. Buildings insurance is included within the annual charges and all come with brand new 125 year leases. With the benefit of a modern, well designed development, these new homes are the first green shoots of a brand new community which will soon start to flourish as shops, schools and communal spaces come online later this year. The nearest existing local town centre is Stony Stratford which is just 5 minutes walk away, and here you can find everything you need for daily living.






As a local partner to David Wilson Homes, we are working closely with them to market and manage these properties on behalf of buy-to-let investors, so if you would like to talk to us and find out more, call Chris on 01908 562582 at Belvoir, or go to direct to the sales office on site and speak to Lucy Sutherland from David Wilson Homes to register your interest.





If you struggling to find a high quality new build buy-to-let property investment like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other new build investment properties that we could introduce you to or to ask about our thoughts on your own investment choices, call us now or send us an email.
 





 



Thursday 18 February 2016

Smart family home in Bletchley, £225k with 5.3% yield

Looking for a 'ready to let' affordable family home as your next property investment, if so then this could be for you........
 
 

 
 
 
Located in West Bletchley on the very popular and established Sutherland Grove, with virtually nothing to do to it except sort out the legal compliances that are required, this could be turned around and rented in no time to a family wanting their children to attend the local schools. The asking price of £225k is completely reasonable in today's market for such a property in this condition, and this would comfortably rent for around £995 PCM to a long term tenant family.
 
 
 
 
 
 
We never have enough property to rent in this area, yet demand is always strong as there are numerous schools and facilities specifically aimed at families around here. With virtually nothing to spend on preparation, your costs will be kept in check here, and for a house of this size the price represents great value for money and would be a safe property in which to invest for long term capital growth.
 






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 on 01908 562582 and get your name put on our Premier Investor list or send us an email.
 

 







Tuesday 16 February 2016

Modern apartment, Central Bletchley opposite the leisure centre, £160k with 5.4% gross yield

Looking for a modern apartment with great train connections but don't want to break the bank? Have a look at this property.......
 
 
 
 
 
 
Located just 3-4 minutes walk from Bletchley train station, and located very close to the centre of town and directly opposite the new leisure centre, this property offers quite a lot for the money - a beautifully specced kitchen and bathroom, spacious rooms, 2 (yes 2!) balconies and allocated parking for 2 cars. Sure to appeal to young professional tenants, maybe they work in London and take the train, or they could be locals who want a town centre pad and all the high specification trimmings.
 
 
 
 
 
 
 
 
With an asking price of £160k, this would rent today for at least £725 PCM if not a little more, that equates to a decent 5.4% gross yield, so definitely ask the vendor about lease length and maintenance charges, and ask if there is also a tenancy in place as this is not clear from the advertisement but could be implied to be the case.


If you struggling to find anything decent on the property market and need a little help finding potential bargains like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.
 
 



Friday 12 February 2016

Simply stunning! Crownhill 2 bed house, £185k, 5.5% yield

Houses in this condition are rare, and at this price it really won't be around for long and will make a fantastic buy-to-let investment.....
 
 
 
 
 
 
 
On the established Crownhill estate, this area has seen a resurgence of demand in the past few years, as there are excellent schools and new shopping facilities locally now, along with a huge new residential development about to come online just across the road, and this is not only lifting prices but injecting a bit more life into this erstwhile sleepy estate.
 
 
 
 
 
 
The property needs virtually nothing doing to it in order to hit the rental market, and at £185k represents true value for money. Rental values around here would see this achieve at least £850 PCM which is a 5.5% yield, and remember this is a freehold house in top condition, just screaming out to professional tenants to come and live here. I haven't seen one this nice for a while, they are typically owner occupied hence the money spent on internal fittings is substantially more than a typical landlord would spend on a rental property, and it is small details like this that will elevate it above its peers.

 
 
 



If you struggling to find anything decent on the property market and need a little help finding potential bargains like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.
 
 



Monday 8 February 2016

Even better value - Bletchley 3 bed reduced to £220k, potential 5.4% yield

We recently showed this property in our blog, and I have recently visited it with an investor. Today I can tell you that it is reduced by £10k to £220k and is offered WITH NO CHAIN but tenants in situ, more about them in a moment......
 
 
 
 
 
 
This 3 bed end terraced home has been usefully extended, and has a modern bathroom and kitchen, good size bedrooms and a huge rear garden, all the things a young family will need. There are a number of great schools locally as well as local shops and facilities, and with a rental value on todays market of around £995 this yields a 5.4% financial return, and will always appeal to families in the future so will continue to rent well throughout it's life.
 
However, we now know that the tenants that have lived there for a number of years (and they keep the place spotless and tidy and would like to stay on) are about to have another baby, and probably cannot afford the sudden increase in rent from the lowly £800 PCM the current owner is charging them. As such, you may wish to accept an increase mid-way between both values, or you may feel the need to issue notice and re-market the property at the correct current rate, or some other combination in agreement with the tenants. It just needs a little paint and plaster repair and some very minor bits and pieces here and there, the reason for such a low rent currently is that the owner has lost interest and just wants to sell this, and is no longer prepared to spend time or money on it having owned it for many years.

 
 
 



If you struggling to find anything decent on the property market and need a little help finding potential bargains like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.
 
 



Friday 5 February 2016

Beautiful in Broughton! 1 bed apartment with new tenants in place, £149k with 5.6% gross yield

This apartment is one of our own rental stock, and our long term client now wishes to sell this and release the capital. In order to make this an interesting and attractive proposition, this is being sold with a new tenant in place, includes all white goods and chattels as supplied in the inventory and is in top condition throughout.
 
 

 
 
  
With an asking price of £149k, and a new tenant paying £695 PCM, this currently shows a 5.6% gross yield, and there is scope for a higher rental income in the future by adding some basic furnishings and potentially achieving around £750 PCM for any future tenancy. I can tell you that this property always lets quickly and to high quality, young professional tenants as it is so well suited to that particular market demographic. Internally it is in fantastic condition, very spacious, has a nice balcony with a view, and sits on it's own with just 1 apartment per floor in the block of 3 residences - being on the second floor, nobody else ever comes up this far, so effectively you have a private penthouse apartment. It comes with an allocated parking space in the private car park to the rear, and the lease remaining is 113 years as of 2016.

 
 
 
 
 
This is not on the open market, so do speak to us if you would like to know more details or to arrange a viewing. It won't be around for long at this price and specification, the new tenant even enquired about potentially purchasing this himself later in the year, so don't hang about and miss this great little starter property.
 


 

 
If you struggling to find anything decent on the property market and need a little help finding potential bargains like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.