Here’s our pick of this weeks ‘buy to let’ opportunities currently for sale locally. As always, we try to focus on properties with a mix of good yield (for the area), potential long term capital growth and of course within locations where we know that rental demand is strong. If you are a first time or experienced investor and would like to discuss any of these or indeed any other property you might be considering, please do contact us.
1. Grampian Way, Oakham, Rutland
http://www.rightmove.co.uk/property-for-sale/property-58125428.html
A great property in seemingly excellent condition and an ideal buy to let investment. Close to both primary and secondary schools and within easy reach of the town centre this property will always enjoy strong rental demand.
Asking Price: £158,950
Potential Rent: £575/95pcm
Yield: 4.34%
2. Burley Road, Langham, Rutland
http://www.rightmove.co.uk/property-for-sale/property-41648424.html
This lovely looking cottage in located in one of Rutland’s most popular villages and having just been completely refurbished could be a great property investment. The village has great amenities and is close to Oakham itself.
Asking Price: £134,950
Potential Rent: £525pcm
Yield: 4.67%
3. Nelson Street, Kettering, Northamptonshire.
http://www.rightmove.co.uk/property-for-sale/property-41445039.html?premiumA=true
A well presented terraced house in a popular location within easy reach of the town centre, main line railway station and amenities. Good value and this property will appeal to a more professional tenant.
Asking Price: £125,000
Potential Rent: £625pcm
Yield: 6%
4. Willow Road, Stamford, Lincolnshire
http://www.rightmove.co.uk/property-for-sale/property-53099776.html
A modern terraced house in a highly sought after location within Stamford and an excellent buy to let opportunity given the demand for professional lets in this area. Not a bad return also for Stamford!
Asking Price: £129,995
Potential Rent: £500pcm
Yield: 4.6%