Why Bingham is a great place to invest.

Bingham is a great location for a buy to let investment - the town was named in 2013 as the best place in England to bring up a family.

Follow the link to the Mail online article http://www.dailymail.co.uk/news/article-2499736/Is-best-place-live-Market-town-Bingham-named-THE-town-raise-family.html 

Bingham, which has a population of 9,000, topped a study that examined factors including quality of schools, childcare provision, affordability of living and crime levels.

The Family Investments survey identified that areas in the Midlands and the North of England are now more prominent thanks to more affordable housing in relation to the south.

The rental market has changed in recent years and it has grown in areas such as Leicestershire and Nottinghamshire. There are lots of new build developments in Bingham and that is always an indication of a healthy rental market. 

Bingham is an ideal location for professionals looking to commute to Nottingham or Leicester but also looking for a great place to bring up a family.

3 Bed Semi in Calverton, Nottinghamshire

This 3 bedroom property for sale in Calverton may need a lick of paint and a carpet or 2, but it is a steal at £115,000 and will not be on the market for long.  With good room sizes and a private garden it will let very easily.  

It should achieve a yield of around 6%.

Click below to see full details:

http://www.rightmove.co.uk/property-for-sale/property-29301630.html

                             

2 Bed Apartment in Bingham - Great Yield

Ian Peat Estate Agents have put this 2 bed apartment on the market for £83,000. looks great inside .. have a look at the pictures (more on the Zoopla link). I dont think this property will be on the market long .. dont hang about fellow Bingham landlords. Great yield!

http://www.zoopla.co.uk/for-sale/details/17546459

Bright and Breezy - Lovely Little BTL Woodpecker Close, Bingham

This would be a great little investment property for a landlord who wants an easy, low maintenance BTL.  Situated on arguably the most popular estate in Bingham, it is a Letting Agent's dream!  Light and airy, with a conservatory to boot, snap it up before someone beats you to it.

With a yield of just over 5% it will not be around for long.

http://www.rightmove.co.uk/property-for-sale/property-46931404.html

Unique Property in the Centre of Bingham

An investor I met yesterday was looking for something a bit different, something that he could use as a BTL now and then eventually live in himself.  I came across this lovely cottage just yards from the market place and bustling town centre of Bingham.

It could achieve a yield of 6% which is a sound investment for any landlord.

http://www.rightmove.co.uk/property-for-sale/property-48813311.html?premiumA=true

2 Bed Coach House in Calverton

Coach houses are great BTL  investments as they always popular with tenants: they offer the benefits a house with the convenience of an apartment.  Built just 8 years ago, this is a great buy and it will sell easily.  If you are looking for a virtually maintenance-free investment then this could be the one for you.

http://www.rightmove.co.uk/property-for-sale/property-45840004.html?premiumA=true

                            

Charming 2 Bed Semi - Calverton

Calverton is a great, large village with all the amenities a tenant could wish for, making it the perfect location to purchase your first buy to let, or to increase your current portfolio.  House prices remain affordable and the village is very popular, with good schools attracting tenants.  This 2 bed property needs no improvement and is situated on a lovely development close to a primary school.

On the market for £130k, I would expect to achieve a rental income of at least £595 PCM, giving the owner a yield of 5.5%.

Check the link below for further details:

http://www.rightmove.co.uk/property-for-sale/property-32649849.html?premiumA=true

2 Bed Semi on Sandpiper Close, Bingham

These are great little BTL properties as they require very little maintenance and they let very quickly to professionals or small families.  
Should achieve a yield of 5.5%.

Sadly no internal photos but I don't think it will be around for long so click the link below to contact the agent:

http://www.rightmove.co.uk/property-for-sale/property-48062501.html

Bargain BTL in Newton

This 2 bedroom property has just come on to the open market, with an attractive asking price, it could prove a lucrative choice for investors.  Newton is a great little village, popular with commuters who wish to live out of the city.  

On the market for just £116,000, I would expect it to achieve a yield of around 6%.

Follow the link below for all the details:

http://www.rightmove.co.uk/property-for-sale/property-47731946.html

3 Bed Family Home - Musters Road, Bingham

This property will not be around for long!  Beautiful garden.  Great area for families, close to good schools and leisure centre, 5.5% yield if a cheeky offer of £165,000 is accepted.

Click the link below to view full details and photos:

http://www.rightmove.co.uk/property-for-sale/property-31860684.html?premiumA=true

2 Bed Semi on Charlock Gardens, Bingham

I was informed of this great little 2 bed semi coming to the market and asked if I knew of any interested investors.  It is a great house, situated on a popular estate.  It may not be brand new but it is neat, tidy and neutral.  No upward chain so it should be a straight forward purchase for an investor.

Here are the details:

http://www.rightmove.co.uk/property-for-sale/property-31737153.html?premiumA=true

Tidy 2 Bed - Kestrel Drive, Bingham

I came across this lovely 2 bedroom semi for sale in Bingham.  Situated on a smart development, yet still within walking distance of the town centre, it is the perfect rental property. Little to no maintenance required in order to get this onto the rental market.

On the market for £150k, if bought for £145k and let at £650 PCM, brings a yield of just over 5%.

http://www.rightmove.co.uk/property-for-sale/property-32166093.html

Modern 2 Bed Apartment in Calverton - 7% yield!

This is every investor's dream - a 7% yield!  This apartment is situated on a quiet development and at only 3 years old, still benefits from 7 years NHBC guarantee.

Great price, on the market for £90k, it will not be around for long.  Make an offer today!

http://www.rightmove.co.uk/property-for-sale/property-43196353.html

Large 3 Bed Family Home in Bingham

This property is going to auction on 23rd July at a guide price of £155,000.  It may need some interior improvements (there are no photos) however there could be a bargain to be had here and it would make a sound, long term investment.
It is a good sized family home that will let easily.

If the property was bought for £140k it could achieve a yield of 6.4%.

http://www.rightmove.co.uk/property-for-sale/property-49181753.html

Rising Court costs for Possession ..How to protect yourself

It’s always a sensible idea to make sure you have the right protection if you’re a landlord but new government plans to increase fees for the eviction court costs could make an oversight far more painful to your bank balance.

From the 22^nd April 2014 the government plans to increase the cost of application for possession and accelerated possession claims from £175 to £280 and the cost of possession claim online is due to rise from £100 to £250.

This will effect landlords finding themselves in the already unfortunate position of having to start eviction proceedings if a tenant is in arrears or refuses to vacate a property. Thankfully these situations are quite rare but when they do occur, they can be very costly in court fees but also in unpaid rent and in some cases, property damage.

At Belvoir Melton Mowbray we help our landlords with any possession proceedings or rent arrears notices as part of the service. We also offer protection for unpaid rent and court costs from as little as £11 per month. This also includes 75% of the rent for the 2 months after the property has been taken back.

Please contact Charlotte or Katie to discuss the Rent Guarantee and Legal Expenses Cover available for Belvoir landlords in more detail.

2 Bed Cottage in Aslockton

A client of mine wanted to buy a BTL in a village location.  Aslockton is a great village for tenants, as it is well serviced with a primary school, post office, pub and even a train station.  I came across this great little cottage which had recently come onto the market for sale.  

A steal at £124,950, it would let for £595 PCM, giving a yield of 5.7%.

http://www.rightmove.co.uk/property-for-sale/property-45096217.html

Blank Canvas in Sought After East Bridgford

This family home has just come onto the open market and it is just what tenants are looking for - neutral decor, low maintenance garden, sought after village with primary school.  It will sell quickly and will let quickly too!  

Here is the link so you can see for yourself:

http://www.rightmove.co.uk/property-for-sale/property-42882820.html

                        

2 Bed Flat - East Bridgford - REDUCED PRICE!

Situated in sought after East Bridgford, this 2 bedroom 'maisonette' with garage will attract a broad range of tenants - from single professionals or couples wishing to escape from the city to more mature tenants looking for a friendly community. 

The vendor has just reduced the price; it would be a great buy for any investment landlord, and should achieve a yield of around 6%.

http://www.rightmove.co.uk/property-for-sale/property-41444623.html