Bancroft 1 bed apartment, £115k with 6.3% gross yield

Today we have a 1 bed apartment on offer via one of our own landlords, available immediately with vacant possession for £115k.

 

 

 

 

 

With a lease remaining of 975 years, access to the local residents club (annual subscription paid for 2015), zero ground rent and annual service charges of approximately £600, these are very lettable properties and always rent well with young professionals - we still have another 2 in this very block. With a typical rent today of £600 PCM unfurnished and £625 furnished, this represents a gross yield of at least 6.3%.

 

The vendor is offering a range of white goods and chattels within the asking price, with the furniture available at an additional negotiable price.

 

For more information about this or other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, contact us now on 01908 562582 or miltonkeynes.enquiries@belvoirlettings.com

Wolverton modern 2 bed house with conservatory, £189,500 with yield of 5.4%

This is a nice one - 2 double bedrooms, downstairs WC and a lovely conservatory. We had this same house just around the corner and could have let it at least 10 times over, so there is no risk of having it empty.

 

 

 

 

 

Offered for sale by the owner occupiers for £189,500 you could try for a few pounds off, but the market being what it is lately, that might be harder than it once was. With an expected yield of around 5.4%, it would more than pay its own way, but the big earner here is long term growth, as this end of Wolverton has been heavily redeveloped in recent years and the housing stock is very modern and attractive, which always appeals to renters and potential buyers.

 

 

 

 

 

 

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 or email us on miltonkeynes.enquiries@belvoirlettings.com

Investment opportunity, 2x 1 bed maisonettes to be sold as a pair for around £260k, 5.8% minimum yield

Through our trade contacts, we have been informed that a local landlord has 2x freehold maisonettes for sale on Walnut Tree, for a total of £260k, but there is some room for negotiation on this.

(photo shown is of the general area and may not be the actual unit for sale)

It is one property on top of the other, and if let furnished each could achieve around £675 PCM, unfurnished approximately £625-640 PCM, giving a minimum yield of 5.8% if the full asking price was paid and the minimum rent achieved.

So far we do not have any more information other than they must be sold as pair, so please call us to be put in contact with the vendor to arrange a viewing and to learn more about this off-market opportunity.

 

For more information about this or other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, contact us now on 01908 562582 or miltonkeynes.enquiries@belvoirlettings.com

Still available - in great school catchment, 3 bed house on Walnut Tree, £200k with a yield of 5.4%

This lovely house is still available today, and represents a fantastic opportunity to acquire a 3 bed house on Walnut Tree, virtually on the doorstep of excellent first/middle and secondary schools, and close to all local amenities, doctors and shops. Boasting the extra living space in a conservatory certainly adds some value and kerb appeal here as well.

 

 

 

 

On the market for £200k, this will be in high demand from tenant families wanting to take advantage of all that the area has to offer including the school catchment areas, and will rent at around £900 PCM giving a yield of 5.4%, with great prospects for future capital appreciation as this will always be in demand and find a ready market. Since 2001, a very similar property on this road has increased in value by 122%, so you can see how things have been in this location.

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-50080649.html

 

 

If you are thinking of getting into the property rental market and don't know where to start, or want expert local knowledge about what has increased in value and what hasn't, then 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 pop along and speak to us in person at our offices in Stony Stratford.

Wolverton 2 bedroom ground floor flat + basement, £140k with potential 6.4% gross yield

Something a little different today, a nicely presented 2 bedroom ground floor flat with basement bedroom and garden, in the heart of the old railway town of Wolverton.

 

 

 

 

Offered for sale at £140k, this should rent for around £725-750 PCM, giving a gross yield today of 6.4%, and being in the centre of town within easy walking distance of the mainline train station this will appeal to a young couple or even professional sharers. With parking allocated behind the rear garden, and a small decked courtyard, this is urban living with a historic twist, as these old Victorian terraces still ooze character and presence.

 

 

 

If we had marketed this property for rent over the last month, it would have appeared in 3,815 Rightmove searches alone - and in a very vibrant and bustling location, it is sure to have been snapped up quickly. The last time we had a 2 bed apartment locally (just 2 streets away), it let on the first afternoon of viewings to a very happy couple of young sharers.
 

 

 

 

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 or miltonkeynes.enquiries@belvoirlettings.com

Renovation project! 2 bed semi in Bletchley, £167,500, potential yield of 5.7%

Is anyone looking for a project? On the face of it, it looks like it will be fairly superficial and also involve work in the kitchen & bathroom, plus a full repaint and new flooring.

 

 

 

 

 

At an asking price of £167,500 this could be a decent little bargain for someone with the skills to get stuck in and do a lot of the work themselves, and being close to the centre of town with off road parking on the driveway, this would suit a lot of local people, and also commuters who can walk to the train station in a few minutes from this location.

 

 

 

 

 

With a potential yield of 5.7%, this also offers a decent return in the local market, and is the sort of job that can be turned around fairly quickly for an early stage investor. With 2,947 searches on Rightmove for just such a property in this location last month, you can see the level of demand is there. If you would like to talk about the potential of this property, please give us a call today on 01908 562582.

 

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 or miltonkeynes.enquiries@belvoirlettings.com

What great value - 1 bed maisonette in Two Mile Ash, £120k with 6% gross yield

We have just seen this 1 bed maisonette appear on the market for £120k on Two Mile Ash, and these are in high demand through us, we had one recently and could have let this 10 times in a day such was the response and interest.

 

 

 

 

 

If put onto the rental market today, this would achieve £600 PCM giving a gross yield of 6%, but even better than that it comes with a tenant in situ, so you will not suffer 1 moment of void with this from the moment you become the owner. To give an example of how many people are currently looking for such a property, last week there were 215 searches for this very property on just Two Mile Ash alone, and well over 14,000 across Milton Keynes as a whole, so you can see how a property of this size and budget is in high demand.

 

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.

Walnut Tree 3 bed + conservatory, now reduced to £185k, yield of 5.7%

We originally blogged about this property back on December 4th, so I guess the sale must have fallen through in the meantime. Here is what we said back then, and today all of that still applies, but at the newly reduced price the yield has improved to 5.7%:

"The ever popular Walnut Tree area continues to offer a vast selection of properties to suit every budget, style and size of family. Situated within the catchment area of some very good and extremely popular schools, this 3 bedroom property with a large conservatory is perfect for families wanting to put down roots in the area."

 

http://www.rightmove.co.uk/property-for-sale/property-48949586.html?premiumA=true

 

 

On the market now at a reduced price of £185k, this property could achieve around £875 PCM on the rental market right now, but better than that it offers a great opportunity for future capital growth, as this is ALWAYS a popular area for homeowners and tenants alike, so you will always have options in years to come. Property such as this sold for around £170k earlier last year, but back in 2000 the typical asking price was £76k for this type of house, so if the vendor achieves their asking price then it would have grown by at least 150%

 

 

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.

Room to improve - Newport Pagnell 2 bed at £180k, yield of 5.3%

This property has been on the market for a month now, and although it is fairly tidy and modern there is still some scope for improvement, namely in tidying the front & rear gardens and more importantly fitting gas central heating throughout.

 

 

 

 

Offered for sale at around £180k, allow £5k for the renovations and it would then rent in such condition for around £825 PCM giving a yield of around 5.3%, and this would rent well to young families wanting to stay in the area where there is just not enough affordable housing for them. Growth wise, a house such as this would have sold for £152k 5 years ago, so this would be an 18% increase in value over that period, and in fact asking prices have now surpassed the peak of 2007, which means the market is now really moving in the right direction.

 

 

 

 

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 pop along and speak to us in person at our offices in Stony Stratford.

Such a lot of house - 3 bed end terrace on Furzton £190k, yield of 5.8%

We have just spotted this appear on the market, a reasonable looking 3 bed end of terrace house on Furzton. With a brick paved drive offering off road parking for a few cars, there are no internal photographs and a very sparse description, so I would advise that you follow this up with the selling agent Elevation.

 

 

http://www.rightmove.co.uk/property-for-sale/property-33748245.html

 

 

 

 

 

We have to make a few assumptions now, but if the inside is in reasonable condition, if gas central heating is fitted and working as it should, and if the property is not in need of any major repairs or refurbishment, then we would expect this to rent for anywhere between £900-950 PCM, giving a yield of around 5.8%.

 

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 pop along and speak to us in person at our offices in Stony Stratford.

Chain free with tenant in Kents Hill, £155k with potential 5.6% yield

This property is up for sale with a sitting tenant paying £650 PCM, although we feel this ought to be £725 PCM if the property was painted and tidied up internally, and with no upper chain this could be a very quick deal for someone.

 

 

 

 

 

Ideally it needs the kitchen modernising and remodelling, and could also do with new carpets throughout, but the existing tenants d want to stay here. You will need to speak to the selling agent, Connells in Walnut Tree, for details of the tenancy, but where else have you seen a 2 bed house for this price recently in Milton Keynes?

 

 

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.

Oldbrook spacious 3 double bedroom house, chain free at £200k with 5.6% yield

Here we have a very spacious, 3 double bedroom house on a nice part of Oldbrook, just a stones throw from Central Milton Keynes. Offered for sale at £200k, this is superb value for such a large house, and the condition appears to be more than acceptable with not much work needed.

 

 

 

 

 

With an ensuite bathroom to bedroom 1, gardens front & rear and no upper chain, this would potentially rent today at around £925 PCM, giving a great yield of 5.6%. What about the capital growth? Well, terraced houses in this area were for sale at around £143,167 in 2005, so the growth in the past decade has been 39% and in the past five years it has been 20.4%. Try getting that at a building society!

 

 

 

 

 

 

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.

Great value freehold 1 bed maisonette, Walnut Tree £135k with yield of around 5.6%

How about this little gem, a freehold 1 bed ground floor maisonette on Walnut Tree with no service charges, offered for sale solely by us on behalf on one of our landlords for £135k with vacant possession.

 

 

 

 

In good order internally, with a garden and allocated car parking, this would achieve a rental of around £625 on the current rental market which is a yield of around 5.6%, and with prestigious local employers such as Red Bull Racing and The Open University you will have no problem letting this in the future.

 

Viewing urgently is advised, as this is likely to sell quickly to an interested investor, we have keys, can arrange full access for you, and know the history of this property going back almost 9 years.

 

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.

What great value - Newport Pagnell 3 bed terrace, £175k asking price, 5.8% yield

This seems to offer a little more value now, a 3 bed terraced house in Newport Pagnell for £175k, although I would budget for a change to the bathroom as it currently only has a wet room upstairs which is not very big.

 

 

 

 

With just the one external photo, I would advise getting along in person to have a good look around inside, but you could have it rented out in todays market for around £850 PCM which is a yield of 5.8%, and it would appeal to families who wish to stay in the area as there are never enough good yet affordable family homes in the town.

 

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 pop along and speak to us in person at our offices in Stony Stratford.

No upper chain, 2 bed house on Two Mile Ash for £170k yield of 5.3%

This modest 2 bed terraced house is quite typical of a 1980's estate home, yet still very much in demand from young families, and with good schools nearby and excellent road links this is sure to appeal to a wide audience.

 

 

 

 

With some possible refreshing of the kitchen, this would achieve a yield of around 5.3% right now, but it will be the long term demand and growth that makes this a keeper. You could also add value by upgrading to gas central heating in the future, the windows & doors are already a modern UPVC and the garden just needs a seasonal tidying. This has grown by over 132% since the year 2000, and the signs are that it has plenty of life in it yet with further scope to keep it current and modernised.

 

 

 

 

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 pop along and speak to us in person at our offices in Stony Stratford.

Lovely view - this 2 bed apartment in Wolverton Mill is offered at £165k through us, gross yield of 5.8%

Here we have another superb apartment with 2 bedrooms & 2 bathrooms, a fantastic lounge/diner, and offers great views across a pond and old farm complex (now used as light business units, but still very attractive to look at).

 

 

 

 

We have the keys for this here as it belongs to one of our ex-landlords, and it is offered for sale at a price of around £165k for a cash buyer, chain free and who is ready to move very quickly on this. At this price it would give a gross yield of around 5.8%, and would attract young professionals wanting a quiet place to live on the edge of town.

 

 

 

 

 

 

 

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 pop along and speak to us in person at our offices in Stony Stratford.

Superb location - 2 bed/2 bath ground floor apartment in Monkston at £185k with gross yield of 5.5%

Look at how nice this property is - 2 double bedrooms, 2 bathrooms, very well appointed kitchen & bathrooms and no upper chain. In catchment of a really good school, and with great access for commuters to the M1, and to Kingston centre for shoppers, this is truly a fantastic location to suit all needs.

 

 

 

 

The spacious rooms certainly lend themselves to a couple of professional sharers, and at an asking price of £185k this represents good value for this location, and would achieve a gross yield of around 5.5%, but you won't ever have a void here because the space, location and specification is so good.

 

 

 

 

 

 

 

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 pop along and speak to us in person at our offices in Stony Stratford.

Rarely available 2 bed semi on Walnut Tree, £190k with excellent long term growth propects

Situated in the catchment of a number of fantastic local schools, and with every conceivable facility available on this estate, this property is good value at £190k for what it offers and where it is located.

 

 

 

Offered on the rental market, this would achieve around £825 PCM currently, but there seem to be tenants in situ at the moment you will have to work within the bounds of any existing tenancy agreement for now.

 

Properties like this, and in this very street, were sold for around £58K back in the year 2000, so this asking price represents a fantastic 227% growth in 15 years, and that's very good for Milton Keynes.

 

 

 

EDIT: TOO LATE, THIS IS NOW SOLD STC

 

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 pop along and speak to us in person at our offices in Stony Stratford.

What a high spec - 2 double bedroom apartment on Grange Farm, around 5.8% gross yield

This is such a smart apartment, located behind electrically operated security gates and with a very high specification, and looks like it is ready to go straight on the rental market as it is.

 

 

 

With good size bedrooms and 2 bathrooms, this would really appeal to professional sharers or a young couple, and at £175k it is great value. When rented in the current market, this would likely achieve around £850 PCM giving a 5.8% gross yield, but do consider the ground rent and service charges.

 

 

 

 

 

 

 

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 pop along and speak to us in person at our offices in Stony Stratford.

Stylish 2 bed apartment in Wolverton, £170k with gross yield of 5.6%

Today we have another great 2 bed apartment in a block that we know and already manage for an existing investor, in a modern development on the edge of the old railway town of Wolverton.

 

 

 

 

Last time we had one of these we were inundated with applicants, as this block offers modern, stylish living, secure parking and yet within walking distance to the train station and all local shops. At an asking price of £170k (do bargain for a reduction if you can), this could rent today at around £795 PCM giving a gross yield of 5.6%. It will attract professional young couples or sharers, and with 2 bedrooms & 2 bathrooms it is suited perfectly to this end. It already looks like it could be vacant and appears not to have too much work needed, so do get along and see this for yourself.

 

 

 

 

 

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 pop along and speak to us in person at our offices in Stony Stratford.

Fantastic 2 bed / 2 bath apartment in Broughton, £165k is a great price with a 5.6% gross yield

Now we were at this block just last week, and these 2 bed apartments are really nice, and located in the quieter part of Broughton away from the busy centre and all the shops. Internally they are spacious and well appointed, and at £165k this offers good value for money although it does need redecorating and cleaning, so push for some money off the asking price.

 

 

 

 

 

On the rental market today, this would command a rental of around £775 which is a yield of 5.6% gross, currently a very good return for this area. With allocated parking, a very smart brick and stone built exterior, and wide, quiet internal hallways, this is a cut above the rest.

 

These apartments sold for around £158k when newly built in 2005, reached peak value in 2007 at £175k before the credit crunch, and one identical was sold in 2014 for £165k, so you can get in quick at this level now before prices start to rise again. With no upper chain you should not delay in seeing this as soon as you can.

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-32224284.html

 

 

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 pop along and speak to us in person at our offices in Stony Stratford.

A superb, modern, 2 bed apartment in Newton Leys for £165k with gross yield of 5.8%

What a nice property this is, located in the newly developed area of Newton Leys, just south of Bletchley and offering great road links out of Milton Keynes via the A5.

 

 

 

 

Offering 2 bedrooms and 2 bathrooms in a modern setting, this is offered with no upper chain at £165k and should rent at around £795 if not a little more, giving an attractive gross yield of 5.8%, and would really appeal to either a young couple or 2 professional sharers. With not much work to do internally, this could hit the rental market quickly upon completion and be earning you money without delay.

 

These were sold for £125k when brand new in December 2008, so you can see that growth has already started with a 31% increase over the new price, and this is through the early years of the credit crunch. With the whole area being developed and new schools & amenities planned in the future, this will soon be a bustling community in its own right.

 

 

 

 

 

 

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 pop along and speak to us in person at our offices in Stony Stratford.

The Hub, CMK, 1 for sale & 1 repossession - 1 bed apartments with gross yield of 6.2%

These 1 bed apartments are always highly sought after by tenants securing jobs around CMK, and we are inundated with applicants from Santander, Tech Mahindra, Network Rail and others as they are huge local employers.

 

 

 

 

On the market today for £175k, if this was fully furnished to a reasonable standard then it would rent for at least £900 PCM and would not take long to find a tenant. With secure underground parking, bars & restaurants on the ground floor and all that CMK has to offer within a moments walk, these are always popular for city loving professionals. Just don't forget to investigate the service charges and ground rent though.

 

 

 

 

http://www.zoopla.co.uk/for-sale/details/35500682?search_identifier=48aa6308b5984918388a7cd61027b936#WvO8gEvR1lh3SfFt.97

 

 

 

 

OR....

 

 

You could try to get lucky with a bid on this one, currently a repossession with a highest offer of £170k for pretty much the same style of apartment...

 

 

http://www.rightmove.co.uk/property-for-sale/property-49867454.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.

Excellent location - 2 bed house on Tattenhoe, £190k with yield of 5.2% but fantastic capital growth prospects

Location location location! This lovely 2 bed terraced house on Tattenhoe is in a very desirable area, and according to the particulars (not there are no photos at this time),it has a refitted bathroom & kitchen, has a garage, is not overlooked at the rear and there is no upper chain.

 

 

 

 

Such a property is bound to be popular, and although the asking price is at the high end at £190k at least most of the work has been done, and think about the great prospects for capital growth this would give in the coming years. An initial yield of around 5.2% will improve over time, the big money maker here is the increase in value of the house, and the little outlay it would need before hitting the rental market keeps your initial costs down.

 

 

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.