3 Bed Family Home in Popular Calverton - Great Investment at 5%

A great example of a family property which would be easy to let, bringing the investor a 5% yield.

Calverton is a popular village with good schools and amenities, with easy access to Nottingham.

On the market with Northwood for an asking price of IRO £170,000:

http://www.rightmove.co.uk/property-for-sale/property-66181901.html

2 Bed Investment in Sought After Burton Joyce

This 2 bedroom property in popular Burton Joyce would make a fantastic investment. Rental properties in the village get snapped up, and when they do let, tenants tend to stick around for lengthy periods.  

The property itself offers flexible living arrangements, with an annex in the garden which would make a great office / workshop or games room.  It is in good order, with a quality kitchen and modern decor.

Being marketed with Lesley Greaves Estate Agents for an asking price of £190,000, see some of their photos below (or click the link for full details):

       

http://www.rightmove.co.uk/property-for-sale/property-48377391.html

Why should you consider investing in a Buy to Let property in Bingham?

Bingham’s great location close to Nottingham and The A46 make it a popular location with professionals commuting daily. It also has great Primary and Secondary Schools so it appeals to families – after all it was in 2013 named the best place to raise a family. 

What’s on the market that would make a good buy to let investment for professionals?

I have seen a 2 bed apartment for sale with Newton Fallowell for £ 132,950, this apartment is in a gated complex and is private and modern with an en suite.  

It would easily achieve £600 pcm – giving a potential return of 5.4% but any investor must take into account the leasehold management fees payable monthly. It is worth checking what apartments in this development have sold for in the past and there are 2 that sold in 2016 for a higher price than this apartment’s asking price.

http://www.rightmove.co.uk/property-for-sale/property-59700841.html

Alternatively you might like to consider an investment aimed at the family market.  Frank Innes are marketing a 3 bed semi detached property on Skylark Close. It has off road parking, a dining kitchen and a garden. This is being marketed for £190,000 and would achieve £ 700 pcm. Whilst the rental return on this is slightly lower than the apartment at 4.4%, there are not the leasehold fees to consider and I would expect it to would see a better rate of capital growth over the years.

http://www.rightmove.co.uk/property-for-sale/property-64519412.html

If you are considering investing in property please give me a call. As we only deal with letting property we are able to give you an honest opinion of the rent that is achievable and help you to make an informed decision.

Keep an eye on my property blog for potential investment properties from across the market. Katie Archer  01949 714101.

Great investment property for sale £190,000 Skylark Close Bingham

Frank Innes currently have this nice 3 bed semi for sale at £190,000 - they reduced it in March. 

Skylark Close in Bingham is a popular location and has with a good parking area and would let easily for £700 pcm. Family properties are in high demand in Bingham and this would let quickly.

http://www.rightmove.co.uk/property-for-sale/property-64519412.html