With average net returns of 6% +, we focus our attention this week on the busy Peterborough and Kettering markets.
We have a great deal of experience in these areas and both enjoy strong rental demand. Combine this with current and future infrastructure we foresee good potential capital appreciation which makes them an attractive area for investment.
If you are a first time or experienced investor and would like to discuss these or indeed any other property you might be considering, please do contact us.
Breymere Road, Hampton, Peterborough
An excellent modern apartment in a very sought after location with strong demand from professional city tenants. If secured for around £120,000, we’d expect to achieve a monthly rental of £725.00 giving an excellent potential return of nearly 7.25%!
Old Baily Road, Hampton Vale, Peterborough
Nice looking apartment block and again a sought after location attracting a more professional tenant. Assume a purchase of around £122,000, we’d achieve a rental of at least £700.00 giving another potential attractive return of 6.89%
Lornas Field, Hampton, Peterborough
We currently manage a few properties in this area and we’ve always had a good stream of quality tenants. This property does look as if it needs some minor updating but assume a purchase can be secured for say £150,000 we’d achieve a rental of £725pcm seeing a potential yield of nearly 6%
Redgrave Close, Kettering
A well presented modern house in a popular area of Kettering and close to amenities, business and schools. Secured for £145,000, this property would rent for £695-725pcm and with it just short of a potential 6% net yield.
Nelson Street, Kettering
Traditional town centre property, close to all amenities and always a solid renter. Seemingly good value and maybe worth an offer but if secured for the asking price of £139,995, we’d achieve a monthly rental of £695.00 with a net return of 5.8%
Dawson Court, Oakham
This 4 bedroom property has just caught our eye. It’s a modern 4 bedroom house in a small development in Oakham town centre. An ideal buy to let opportunity with strong tenant demand and good capital growth potential. Advertised with an attractive asking price of £150,000, we’d let this property for £750pcm giving an excellent return for Oakham of nearly 6%