Newport Pagnell 3 bed semi, garage & conservatory - £210k with 5.4% yield

Todays little gem is a family friendly property on a family friendly estate in Newport Pagnell - a fairly typical 3 bed semi-detached with driveway, garage and conservatory. We know from experience that there are never enough family sized properties on the market for this location, and when they come up they are very sought after.

 

 

 

 

 

Now it may well need a little makeover to bring the aesthetics up to date, but essentially all the bare bones seem to be in good order, the room sizes aren't too bad, and with a sale price of £210k it represents fair value for such a house. You would likely rent this for around £950 in the current market, which is an initial yield of 5.4%, but the winner here is the long term potential for this to let to families who are very likely to stay in the house for years at a time.

 

 

 

 

 

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 email us.

 

 





miltonkeynes.enquiries@belvoirlettings.com

Another house just outside Bletchley train station, 3 bed terraced for £230k, yield of around 5.7%

Like buses, you wait for ages then several come at once! Here is another fantastic home that would suit the London commuters now, an immaculately presented 3 bedroom modern terraced house within a few hundred meters of Bletchley train station.

 

 

 

Offering stunning communal gardens within the internal courtyard, 2 allocated parking spaces, built in wardrobes in all rooms, this is sure to appeal to a professional couple who might still work in London, and can commute easily and park for free at home all day. With an anticipated rental value of around £1100 this has a yield of 5.7%, and is sure to be popular for many reasons, including just how spotlessly presented it is and the fantastic specification including integrated Smeg appliances.

 

 

 

 http://www.rightmove.co.uk/property-for-sale/property-34253862.html?premiumA=true

 

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

Crownhill 2 bedroom terraced, reduced to £165k, yield of around 5.8%

Today we have another 2 bedroom house, this time without the benefit of being recently refurbished so there is some saving to be made on the purchase price, and also scope for further value to be added by you through the process of modernisation.

 

 

 

 

 

On the market today at the reduced price of £165k, this could still be rented for £795 showing a decent return of 5.8% in its current state, so you can see there is still some money to be made out of this one. Back in 2012, a very similar property on this road sold for £125k and would have rented for around £675 PCM, so there has been capital growth of £40k or 32% in 3 years at todays asking price, with a corresponding rise in rental income of 17% - that's not bad given that this is just your average, middle of the road, nothing special 2 bed terrace.

 

http://www.rightmove.co.uk/property-for-sale/property-47283487.html

 

This particular property has already been circulated to our current list of investors looking to purchase something in the Milton Keynes area. 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.





miltonkeynes.enquiries@belvoirlettings.com

Walnut Tree refurbished 2 bed house, £180k with 5.5% immediate yield

How about this lovely 2 bedroom terraced house on the ever popular Walnut Tree, fully refurbished and with no upper chain, this immediately available property has had all the hard work done to it, and could be earning you money without delay.

 

 

 

 

 

Offered for sale at £180k or offers above this, in it's current condition we would put this straight onto the rental market at £825 PCM, which is a yield of 5.5% right from the word go. These 2 bed homes are incredibly popular all over Milton Keynes, and the benefit of Walnut Tree is that if offers an excellent range of local shopping, 3 schools, a doctors surgery and pharmacy, pubs and takeaways, and lots of outdoor recreational space - in short, everything a young family would need in order for then to be able to live here for many years.

 

 

 

 

Last week alone, there were 222 searches for this type of property in this specific area, so you can see the level of demand on the open market. We already have a number of live applicants on our books who could view this today, such is the interest that we always seem to have for people waiting for decent 2 bedroom houses to appear close to great schools.

 

 

 

 

 

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 on miltonkeynes.enquiries@belvoirlettings.com

 

 





miltonkeynes.enquiries@belvoirlettings.com

Hartwell village 3 bed property, £190k asking price, 5.2% minimum yield but great potential to let

This property is located just to the north of Milton Keynes in one of the many pretty villages, yet still within 15 minutes drive of the city and with even quicker access to junction 15 of the M1 motorway.

 

 

 

 

With 3 decent sized bedrooms, a very modern refitted kitchen and a spacious conservatory, along with a single garage and front/rear gardens, this offers a lot of property for the money. Even better, it is in a location that is often under represented yet still in demand, particularly from employees working at the Foreign & Commonwealth Office facility just outside Hanslope, and of course commuters who can simply hop on to the motorway and be in London or Birmingham within an hour.

 

 

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-34182864.html

 

With an asking price of £190k, I would barter hard for a better deal on this as the same house a few doors away sold for £147k in November 2013. This would rent currently for around £825 PCM, giving a yield of 5.2% at the asking price, but what else is there to rent in this area at the moment - not much really, and we are always receiving enquiries from families wanting to live in a village location but within easy reach of Milton Keynes. 10 years ago, a house such as this would have sold for £125k, showing growth of 52% at todays price.

 

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

Delightful 1 bedroom house in Bluebridge, offers over £140k, 5.6% yield possible

These 1 bedroom terraced houses are always popular, we occasionally have 1 or 2 available and they go like proverbial hot cakes, and as this one has a decent sized private garden and rear access, this will be another one that won't hang around long.

 

 

 

 

 

With an asking price of offers over £140k, this includes an off road allocated parking space and spacious downstairs living rooms for a house of this nature and price. On the rental market, you could currently expect to achieve around £650 PCM for this, giving a yield of 5.6% which is very good at the moment locally. We have just let a very similar property a few streets away on this estate, and it was taken on the second viewing on the first afternoon of marketing.

 

 

 

 

 

 

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 on miltonkeynes.enquiries@belvoirlettings.com

 

 





miltonkeynes.enquiries@belvoirlettings.com

Broughton 1 bed apartment, £130k with 5.8% gross yield

Perfect for young professionals, this 1 bedroom apartment in Broughton has everything in compact proportions and in a great location, close enough to Central Milton Keynes and the M1 for the London commuters.

 

 

 

 

 

Offered at a shade under £130k, it has allocated parking, a balcony and is of a good modern standard internally, and with no upper chain it represents a quick and cost effective opportunity to get on to the property investment ladder. A rent of at least £625 PCM is achievable here, giving the new owner a gross yield of 5.8%, and being in a tenant friendly area which has always proven very popular and attractive to the younger generation this is sure to let over and over without difficulty.

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-47804771.html?premiumA=true

 

 

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

On the doorstep of Bletchley train station, 3 bed terraced house £230k, yield of around 5.7%

Something to suit the commuters now, a delightful and immaculately presented 3 bedroom modern terraced house within a few hundred meters of Bletchley train station.

 

 

 

 

Offering stunning communal gardens within the internal courtyard, 2 allocated parking spaces, built in wardrobes in all rooms, this is sure to appeal to a professional couple who might still work in London, and can commute easily and park for free at home all day. With an anticipated rental value of around £1100 this has a yield of 5.7%, and is sure to be popular for many reasons, including just how spotlessly presented it is.

 

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-34073877.html?premiumA=true

 

 

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

Kents Hill 2 bed entry level house, £165k with 5.5% yield

A 2 bedroom house for £165k in a nice area, is that possible?  Well if you search hard then yes it is, and this is a nice little starter home which any tenant family would be happy to live in.

 

 

 

 

 

Offering a reasonable amount of space internally, located close to good schools & shops and with excellent road links to the M1 and A5, this would suit either a young family with their first child or a couple just starting out. With an expected gross yield of around 5.5%, this is a good earner for an investor looking to get in at a lower level, and historically we find that affordable 2 bed houses always let without difficulty and very quickly with 708 searches for a property such as this in Kents Hill alone last month - the total Milton Keynes figure was over 83000 searches in the same time, so don't worry about trying to find tenants.

 

As for growth, 2 bedroom cluster houses in this street have grown in value by 34% in the past 5 years, which you have to admit is better than any saving account - remember that the tenant will also have been paying your mortgage if you had one, or providing you with positive cashflow every month if you didn't borrow against the property.

 

 

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 on miltonkeynes.enquiries@belvoirlettings.com

 

 





miltonkeynes.enquiries@belvoirlettings.com

 

 



 

 

Beautiful 1 bed apartment close to Furzton Lake, £135k with 5.6% gross yield

We have a number of lovely 1 bedroom houses on this road, today though we are talking about a quaint 1 bedroom apartment.

 

 

 

 

 

In what seems to be a clean and tidy condition, but with no great frills, this apartment is offered for sale at around £135k, and with an expected rental return of £625 PCM this would show a gross yield of 5.6%, and at that price it would be very appealing to a young professional looking to live out of the city centre in a more residential location.

 

With no upper chain, low service charges, under floor heating installed and allocated off road parking in the private residents carpark, this has an awful lot going for it.

 

 

 

 

 

 

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

miltonkeynes.enquiries@belvoirlettings.com

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.