What a lot of house! Huge 3 bed Victorian terrace in Wolverton, £210k with 5.7% yield possible

Today we bring you a large 3 bedroom Victorian terraced house in the up & coming Wolverton area, on one of the better roads at the top of town.

 

 

 

 

 

Externally this could do with some of the colour toning down, the rear garden needs a good tidying, and the bedroom accessed through the main bathroom is - unusual - however, what a lot of house you get for the money. On sale now at £210k, this would go on the rental market with just a little work at around £1000 PCM, a yield of 5.7%. We have recently let one just like this a few streets away, and it was taken on first viewing by a family keen to stay in the area who were already on our waiting list, and the owners were extremely happy with the quick turnaround on our part, as were the new tenants who had waited patiently for just such a house to come onto the market.

 

 

 

 

 

Wolverton is an area that is undergoing some large scale regeneration, in recent years hundreds of new houses on brand new developments have sprung up, drawing in new families keen to live in historic and vibrant community with a rich heritage.

 

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-34750395.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

Beautiful location - Newton Leys 2 bedroom apartment, £170k with 5.8% gross yield possible

Another 2 bed apartment today, this time in the totally new development at Newton Leys, once old clay pits for the brick making industry, now totally made over and offering modern, stylish accommodation close to the A5, with beautiful countryside walks and views all around.

 

 

 

 

 

The particular apartment is a 1st floor 2 bedroom property with en-suite to master, balcony and dual aspect lounge/diner and allocated parking. Rents here reflect the newer build and more modern style both internally and externally, with £825 PCM possible, a gross return of 5.8%. What you will be buying into is minimal maintenance from a recently constructed building, and a new and vibrant location which will grow tremendously well in coming years once all of the schools, shops and amenities come online. Currently less than 3 years old, these properties were sold for around £150k when new, so there has already been approximately 13% growth even during the quite post-recession years, so you could reasonably expect future growth to be much higher.

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-34787973.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 email us on miltonkeynes.enquiries@belvoirlettings.com

 

 





miltonkeynes.enquiries@belvoirlettings.com

Newport Pagnell lovely ground floor 2 bed flat, £155k with 5.8% gross yield

We know this apartment personally, as we advertised it and found tenants for the vendor last year, and it appears they may be wanting to remain in situ from the sale particulars.

 

 

 

 

In decent, clean condition throughout, this ground floor flat has a lovely open plan feel to the lounge/kitchen, and comes with allocated parking and a small residents garden to the rear. The tenants currently pay £695 PCM, although if it was to be advertised on the open market today you could expect to achieve around £750 PCM due to the current strong market conditions and high demand. We have seen 2 bed apartments in this development sell quite quickly in the past, as the location makes it ideal for motorway commuters and yet is still close to the town centre for the local shopping and pubs/restaurants.

http://www.rightmove.co.uk/property-for-sale/property-34901472.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, or send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

Garden flat in a very small block, £150k with 5.8% gross yield

What a great property to start the week with - a delightful and unusual garden flat in a small development on Crowborough Lane, Kents Hill.

 

 

 

 

 

Being just one of four flats in this low rise block, it features a large open atrium and stairwell with plenty of internal space in the communal area along with allocated off road parking. With a very long lease of 979 years, this could be a very interesting property. Being finished to a good standard already, this looks like it won't need too much to prepare it for the rental market where it would strongly appeal to the young professional tenant, and would rent today for around £725 PCM giving a gross yield of 5.8%, plus being on the doorstep of The Open University and Red Bull Racing F1 Team you can be sure to attract someone willing to pay the price to enjoy all that this offers.

 

 

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

Charming 1 bed ground floor flat, Newport Pagnell, £130k with 5.9% gross yield

The flats in this small development close to the centre of Newport Pagnell are very nicely kept and spacious, offer residents off road parking and are incredibly popular.

 

 

 

 

At an asking price of £130k it represents stunning value for money, with a 104 year lease remaining and £420 annual maintenance charge you know where you are and it's not an excessive service charge. On todays rental market, this would easily rent for around £640 PCM which is a gross yield of a very acceptable 5.9% gross. Demand continues to remain high for such a property, we have let 6 similar 1 bedroom properties in just the last week, with many applicants now queuing and waiting for the next to come along, so don't worry about having a void period here.

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-50167003.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.





miltonkeynes.enquiries@belvoirlettings.com

Great value for the commuter market - 1 bed maisonette on Oldbrook £120k with 6% gross yield

This could be a great little earner for someone, a 1 bedroom ground floor maisonette located on Oldbrook, within a very short 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.

 

 

 

 

 

Just the one external photo tells me there could well be some work to do internally, but if you think about it, how much can there be to work on in such a small property? Offered for sale at a very reasonable £120k, this would rent today at around £600 if not a little more - we are in an extremely busy market for such properties right now, demand is staggering, with 15,819 searches for 1 bedroom apartments in the last week alone - so you can see that the demand is clearly there, and seemingly never ending at this 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 send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

Wolverton again, a modern 2 bed terrace, £175k asking price with 5.7% yield

Now this is great value - a low £175k buys this potentially tidy looking 2 bedroom terrace house on the modern Oriel Close development in Wolverton, within easy walking distance of the mainline train station and all local shopping.

 

With just the one external photo, do get along for a viewing and check out the internal condition. As it is offered with no upper chain, it may well be empty and in need of some works, but assuming it is in good order this could rent for around £825 PCM which is a nice 5.7% yield for someone.

 

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.





miltonkeynes.enquiries@belvoirlettings.com

What a great bargain, a 3 bed house in Newport Pagnell for £200k with 5.6% yield

What a great price for a decent 3 bedroom house in a nice area, with excellent schools nearby. This looks like it is for sale by the family that currently live there, and as such it may need some minor preparation for the rental market, including having the kitchen modernised, but in all other aspects it looks like a great buy.

 

 

 

 

 

With over 7,073 searches in the last month for such a property, there is a very good level of demand currently for this house, which should give some comfort to a potential investor. We also find that with family homes of this size, tenants will be looking to put down roots and stay for a number of years once they have their children enrolled in good local schools, so the outlook for this as a potential long term investment is very positive. At a current rental value of £925 PCM, this represents a decent 5.6% yield at this time, and with a good solid future ahead of it the prospects are great for any investor.

 

 

 

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 send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

Superb value 2 bed terrace in Wolverton, £155k with 6.2% yield

Close to the heart of the historic railway town of Wolverton is this charming 2 bedroom mid terrace property, on a street full of equally lovely bay fronted Victorian terraces, all in a traditional red brick so familiar to this town.

 

 

 

 

 

On the market for around £155k, it looks to be already well prepared to go onto the rental market at around £800 at least, although it is currently tenanted until March 2016 at an annual rate of £8400, so there is initial income from the moment you become the owner, with scope to raise the rent next year to be more in line with the current market rates.

 

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

Old Stratford tidy 1 bedroom maisonette, £125k with gross yield of 6% possible

We manage another one of these in this block already, and they are incredibly popular, being in a quiet and peaceful location on the outskirts of town.

 

 

 

 

 

Offered at £125k and with no upper chain, this is currently very good value, and has an anticipated rent at this time of £625 PCM which is a gross yield of 6%. They always appeal to single professionals, and with allocated parking and a lot of green space outside, they are not terribly overcrowded or overlooked.

 

 

 

 

 

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

Great value 3 bedroom house in Oldbrook, £210k with 5.6% yield

This is another lovely house, located not far from CMK train station and the city centre, and it looks like it has been finished to very good standard, with just some neutralising of the colours needed before putting it straight onto the rental market.

 

 

 

 

 

 

With an asking price of £210k, try for a little off as we know the house next door was for sale at a shade under £200k just over 2 months ago, although in fairness this one is a lot nicer with a more modern kitchen and bathroom. On todays rental market, with little needing to be done in preparation, this could achieve around £975 PCM which is a reasonable 5.6% yield.

 

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-34049220.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, or send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

Oldbrook 2 bedroom terrace, may need some work, £170k with 5.5% yield

This 2 bedroom terraced house looks like it may need some attention from the scant details and lack of internal photos ( note the weeds outside the front door as a bit of a giveaway as to what you may find inside).

 

 

 

 

 

This is on the market for £170k and could well achieve £775 PCM if it was cleaned and finished to a decent standard (no ropey old kitchen units or odd coloured bathroom suites please, they just don't work for 2015!) and this would give a yield of around 5.5%. Demand is very strong for 2 bedroom houses currently, in fact we can't remember when it has ever been slack but just now it is off the scale, and being within walking distance of Central Milton Keynes and the mainline train station, it would appeal to a large number of professionals as well as young families.

 

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 send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

 

6 bedroom tenanted HMO in Broughton, offers around £495k with potential 8.3% yield

This is a little unusual for us, but we are happy to draw it to the attention of anyone who may be interested in a larger property which has the capacity to hold 7 units as a HMO (House of Multiple Occupation).

 

 

 

 

 

This is offered for sale at offers around £495k but we are told it could be had for £475k, and the vendor would prefer to sell it as a going concern with tenants in place, currently achieving £3300 PCM in total, which equates to £39,600 per annum or 8.3% yield if bought at the lower price. Our friends at Christopher Rose estate agents will be happy to talk to you further about this, but it is not something we are insured or able to manage on behalf of the new owner so you would have to make your own arrangements for future management of this.

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-49688185.html?premiumA=true

The details of this property have already been forwarded to our many subscribers who are currently looking for such an investment. If you are one of the hundreds of other potential 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 send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

Nicely affordable 2 bed apartment on Grange Farm £155k with 6% gross yield

Today we are showing a 2 bedroom apartment on Grange Farm, fairly plain in appearance yet still offers gas central heating, allocated parking, double glazing and secure entry to building, which are the sort of facilities that any keen tenant would want to have in place.

 

 

 

 

 

With an asking price of £155k this represents very good value for money, and could well suit a young couple or family as it is in close proximity to excellent schools and arrange of local shops. At an anticipated rent of around £775, this would give a gross rental yield of 6% which is very good at this point in time, and is reflective of the asking price.

 

 

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-33931746.html?premiumA=true

The details of this property have already been forwarded to a number of our interested subscribers who are currently looking for such an investment. If you are one of the hundreds of other potential 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 send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

Needs a little TLC - 1 bed house in Walnut Tree, £142.5k, gross yield around 5.5%

This vacant 1 bedroom house has so much potential, and is a great entry property for both the novice investor and a fantastic first home for a young professional. When we say it needs a little TLC, it really is a little, looking like just painting, maybe update some flooring and put a decent shower in the bathroom.

 

 

 

 

With an advertised price of £142.5k and offered with vacant possession, try to get a little wriggle room on the price and then spend a couple of thousand pounds at most to lift the appearance of the property, this would then go straight back on to the rental market at £650 showing a yield of 5.5%. The best thing about this property is that it is in a very tenant friendly and appealing area, with fantastic road links to the M1 motorway, and world class employers such as The Open University and Red Bull Racing on the doorstep. With a traditional house layout, small garden and parking space, this is exactly what such a young tenant would like from a property, and they let with fantastic ease once they are tidied up and presented well.

 

The details of this property have already been forwarded to a number of our interested subscribers who are currently looking for such an investment. If you are one of the hundreds of other potential 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 send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

Great value 2 bed maisonette on Emerson Valley, £145k with 5.8% yield

This has just popped on to our radar, and we already manage another in this building so we know the property very well and the target market.

 

 

 

 

Offered for sale at £145k, these maisonettes rent well at £700 PCM which is a yield of 5.8%, and the best part of this deal is that there is already a sitting tenant in place paying this amount, so it can be earning you money from the moment you become the proud new owner. Whilst it may not look much, it has a large communal garden which is kept immaculate, has a spacious living area and is very affordable when compared to apartments in the centre of town which can be priced at least £200 more per month.

 

As for growth, this property was previously for sale at £125k in September 2012, showing an increase at todays asking price of 16% in under 3 years, so it is heading in the right direction along with the rent which has seen a matching 16% increase over this period of time.

 

 

 

 

The details of this property have already been forwarded to our many subscribers who are currently looking for such an investment. If you are one of the hundreds of other potential 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 send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com

Decent returns here, 2 bed maisonette in Newport Pagnell £160k with 6% yield

Wow, today we have something of a bargain, a 2 bedroom first floor maisonette with gas central heating, double glazing, a garage, extensive driveway, very nice internal finish and all for £160k.

 

 

 

Offered with no upper chain, this is so well prepared already that you could potentially let this with little or no further expense if you were to purchase this, and with an expected rent of around £795 PCM and supposedly low service charges of £15 per annum (do check the ground rent or any other fees) an initial gross yield of 6% is possible here. Located within a short walking distance to Newport Pagnell town centre, you are in very pleasant surroundings in this part of town yet still retain easy access back to Milton Keynes.

 

 

 

 

This is not likely to hang around for long in this market, so do have a look at this as soon as you can, if it is what it appears to be, then it could be a real steal for somebody.

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-51539546.html

The details of this property have already been forwarded to a number of our interested subscribers who are currently looking for such an investment. If you are one of the hundreds of other potential 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 send us an email.

 





miltonkeynes.enquiries@belvoirlettings.com