2 bedroom apartment in Ashland for £179,950, with a potential 6% yield

For sale today is a 2 bedroom apartment in the newly redeveloped area of Ashland. The apartment is less then 5 years old and therefore will come with a reasonable lease length and is offered with no onward chain.

The property is on the market for £179,950 and appears to be in relatively good decorative order, however from the photos it appears that there is holes in the walls between the lounge and one of the bedrooms, which will need repairing before a tenant moves in. This property will appeal to young families and professional tenants with its two double bedrooms, allocated parking and its close proximity to the Open University and Hospital. Once the works were completed, you would be looking to achieve a rental return of between £875pcm and £900pcm, which would see a healthy gross yield of between 5.8% and 6%.

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, or pop along to our offices for a more detailed chat about your requirements and how we can help you.

miltonkeynes@belvoirlettings.com

Good location for the city centre - 2 bedroom apartment in Oldbrook for £165K

This could be a great little earner for someone, a 2 bedroom duplex apartment located on Oldbrook, within a 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.

With an asking price of £164,995, this is in the right ballpark for this flat in Oldbrook and with a good internal condition, we would be happy to rent this for between £800pcm and £825 PCM right now, which is a 5.8% to 6% gross yield from a fairly modest investment. Demand on 2 bedroom properties is very high, and generally go in the first week of viewings!

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.

miltonkeynes.enquiries@belvoirlettings.com

A one bedroom maisonette in Stony Stratford with a healthy gross yield of 5.7%

Small yet perfectly formed, this 1 bedroom ground floor maisonette would make a fantastic starter property or nice addition to any portfolio, with on going high demand for similar rental properties locally.

On for sale at £134,995, with no upper chain and a 94 year lease, this would make a great little investment.  This maisonette would appeal to a couple just moving out of their family home or a young professional, with its driveway parking, modern interior and communal garden.  You would look to achieve a rent of between £626pcm and £650% which would return a healthy gross yield of up to 5.7%.

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, or pop along to our offices for a more detailed chat about your requirements and how we can help you.

miltonkeynes.enquiries@belvoirlettings.com

Great flat for professionals in Broughton for £194k

This apartment is situated perfectly for young professionals who work in the local industries or central Milton Keynes and even has its own little garden space!

This property looks to still be in great condition, not too tired or worn out and maybe just in need of a quick clean before going on to the rental market. For sale at £194,000, this 2 bedroom flat with its own garden, would look to achieve approximately £900pcm. The only thing stopping me giving it a higher rental value is the size of the second bedroom. At this rent you are look at a good gross yield of 5.5%.

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

Investment opportunity, 2 bedroom house in Bletchley for £190k

Todays property is a 2 bedroom mid terrace house, with ready made investment potential, located in the racecourses estate on the edge of Bletchley, with a tenant already in situ.

The details of this are a bit thin on the ground and no internal photos, but if you speak with the agent I'm sure they can advise you on such things as the state of the boiler, internal decoration, any outstanding repairs and of course arrange an internal viewing for you. It is on sale for offers over £190,000, but with a current rental of £695pcm, this would achieve a relatively low gross yield of approximately 4.3%. However similar properties in the area have rented for up to £825pcm, which would return a much healthier yield of 5.2%, making this a much more attractive investment opportunity.

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, or pop along to our offices for a more detailed chat about your requirements and how we can help you.

miltonkeynes.enquiries@belvoirlettings.com