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

Newton Leys stunner! 2 bed 2 bathroom apartment, £162.5k with 5.9% gross yield

How nice is this little gem that we have for you today - a 2 bedroom 2 bathroom stunning apartment in the new development of Newton Leys, and your chance to get in whilst the area is still being developed and gaining its own identity.

 

 

 

 

So just what is so good about this one? Well it is just perfectly suited to the young professional sharer market, is of a new and modern style with parking included, and ought to be relatively low maintenance now that the first owner has 'snagged' the property and got it all sorted. At an asking price of £162.5k, this would rent for around £795 PCM in the current market, showing a gross yield of 5.9% which is excellent for a property which is by no means a project or any kind of hard work for a new investor. Demand for this area is such that there would have been 477 successful searches for this exact property last month, with over 85000 across the city as a whole, so that is the size of the market chasing flats or apartments alone.

 

 

 

 

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

Light project time - 2 bed mid terrace in Walnut Tree, £175k but will take an offer

We managed to have an internal viewing on this recently with one of our investors, and although it didn't suit him (he wasn't looking to do any work on an investment property), this could well appeal to someone who wants to get their hands a little bit dirty and add some value.

 

 

 

http://www.rightmove.co.uk/property-for-sale/property-50821892.html

 

 

Whilst the structure and main fabric of the house is generally OK, it does need a new kitchen for sure, the decoration would need to be sorted and so would the garden. We are told that the existing owner will replace all the windows as part of the sale as they in a really poor condition, and that they would be open to a close offer on this. It will be offered with vacant possession, and when tidied up this could potentially be rented at up to £775 in a strong market - if you were to secure this for £170k then your yield would be 5.5% and it would be a very marketable property for years to come.

 

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

Another Crownhill 2 bed semi in high demand, £185k with minimum 5.2% yield

Today we have another 2 bedroom semi detached house in Crownhill, offered for sale with a modern kitchen and refitted shower room for a tad under £185k.

 

 

 

 

 

 

With a carport and off road parking for 2 cars, this represents fair value for money (but do try to get some reduction if you can, just to make the figures more attractive) and would likely rent for around £795 PCM in the current market, a yield of 5.2% but it's best attribute is that it is in an established residential area with great school catchments, so will always appeal to young families. Last month, there were 452 searches on Rightmove for this specific location that would have shown this property, and over 100,000 if you look at 2 bed semis across the whole of Milton Keynes - so you can see the level of demand that exists for this type of property at all times across the whole of the city.

 

 

 

 

 

 

 

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

Such a nice affordable family home - Bradwell Village 3 bed terrace, £190k with 5.4% yield

Located in the newer part of Bradwell Village, this typical 3 bed terraced house offers stunning value for money for any investor.

 

 

 

 

 

 

With 3 bedrooms, gas central heating, front & rear gardens and good schools nearby, this offers a lovely family home to potential tenants, and also is close enough to walk to Milton Keynes train station for those that commute to work. On the market for a shade under £190k, on todays rental market this would achieve around £850 PCM, a yield of 5.4%, but you won't have a problem letting this over and over again to families looking for stability. All the major features seem to be in place, such as a decent modern kitchen, a family sized garden and UPVC double glazing, so you shouldn't have too much more to spend to get this rented.

 

 

 

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

Two Mile Ash 1 bed house, £145k asking price with gross yield of 5.4%

These lovely 1 bedroom cluster houses are always popular amongst younger tenants, and they have everything a regular house has just in smaller proportions.

 

 

 

 

 

Offered for sale at £145k, high demand for these means that it could rent for around £650 PCM easily, especially given the high level of internal finish and the quality of the kitchen - this is above and beyond the quality needed for a rental property, and will really help to get this house let without any delays. Last week alone there were 323 searches for this exact type of property on Rightmove just in the Two Mile Ash area, so you can see there is demand there straight away.

 

 

 

EDIT: ALREADY UNDER OFFER, THIS COULD HAVE BEEN YOU!

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

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