Tamworth – Tenanted property for sale – Nice little earner!

Last week, a landlord who lives in Dosthill met me for a coffee and to discuss a property that his daughter had seen in Dryden Road. She was interested it the property as it already had a renter in situ. Lucy wanted to get into the rental business and was looking at this property.

My advice was that she needed to know how much the renter was currently paying, I gave the ball park figure for this type of property and area, the rest was up to Lucy. I did say that this would be a nice little property to buy and I’m sure it wouldn’t be on the market for long.

This 3 bed end terraced property is on the market with Right Estate Agents and is being advertised on Zoopla, for a conservative price of £115,000.

 http://bit.ly/1zQOK8Q
Mark my words, this won’t be available for too long, it will be snapped up.
When considering buy to let deals, yields are not always the number one factor, steady rental growth may be your main consideration. So if you are investing in Tamworth and want capital value or yield give me a call for a chat about property in Tamworth.    Lorraine 07531484956

 

Two EGG-CELLENT properties for Easter! Wilnecote and Town Centre

Hello everyone I hope you’re all ready for the Bank Holiday!

From what I’ve seen in the supermarkets there are no chocolate eggs left, but what we do have today is two cracking houses with great buy to let potential!

 

 
http://bit.ly/1F6Xfyq

 

Our fantastic first property is located in the Wilnecote area of Tamworth and is advertised with our good friends Taylor Cole on Rightmove. The asking price is £135,000 and from the exterior, it’s beautifully kept.

 

This three bedroomed terraced house is in fantastic condition throughout and I would say that any work that did need doing would be very minimal, which of course is great news as it would be available to let straight away.

This particular house would be expected to let for £650 per calendar month due to the exceptional refurbishment work that has been carried out within. This equates to a 5.77% yield, not bad for someone looking to get on the buy to let ladder or for an investor looking to expand their portfolio.


Our super second property is by no means second place, because this is another corker. 

 
This traditional looking property, advertised by Mark Webster and on the Rightmove website again
for £135,000 is located in the town centre of Tamworth, it’s another polished jewel just waiting to 
be snapped up.
The property is a two bedroomed terrace with front and a reasonably large rear garden. The interior of this house is very highly renovated. It is not often houses come up on the market in such good condition yet this week we have found two!
Based on the location and the quality of the property we’d recommend a monthly rental income of £600 from this property, equating to a 5.33% yield and I would say it again, ready to let from day one.
I hope you all have a fantastic Easter holiday and let’s hope the weather stays good and remember, if you have any queries or questions about property investment feel free to contact me.
 If you are thinking of getting into the property rental market and don’t know where to start, 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 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk
You can view the properties in more detail at the following addresses:
http://bit.ly/1F6Xfyq
 
 

A little bit of luxury! Tamworth Road, Amington

 

May I just start by saying that this property is not something we’d normally mention, but it is absolutely gorgeous, it is genuinely a luxurious property that everyone would love to own. Advertised with Dixon’s Countrywide on Zoopla, this exquisite home sits next to the beautiful waterways of the Coventry Canal.

 

 

The property was built over one hundred years ago and with an extension being added in the later years, it’s addition bumps this property to a massive five bedroomed beauty. The work on the extension looks to be of a very high quality and matches the original house. This detatched property has enclosed front and rear gardens and boasts a double garage.

 

Since it’s last sale in 2001 for £189,950 it has doubled in asking price, listed originally in August 2013 for £485,000 the owners have since reduced the price to offers in the region of £460,000 and with average values in the area set to rise I can imagine it being a great little investment.
This really is the house that has everything. Picturesque, serene and spacious, it is the ideal house for those who enjoy the finer things in life, the ideal hangout for those summer parties with friends and family or those quiet Autumn nights in the cosy, warm conservatory.
This is a lovely home, just waiting for the right person to come and make dreams in it. People say that you can’t put a price on happiness and though that may be true – when you see something like this, sometimes you can’t really be sure.
For full details of the property please visit:
If you would like to discuss your own property requirements, please feel free to drop me a line, Lorraine 07531484956.
If you are thinking of getting into the property rental market and don’t know where to start, 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 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk
 
 
 

 

 

 

Buy-to-let deals of the week: 4 bed house in Glascote, yield 9.86% against 4 bed house in Wilnecote, yield 6.95%

 

This week there’s a nice little buy-to-let opportunity of a 4 bed house in Glascote at a purchase price of £90,000, this is courtesy of our good friends Barstow Eves and is advertised on Zoopla.
 
 
 
This house would be ideal for a family of renters who were on the Local housing authority scheme. I would expect that you could achieve rent of £8874.84 per annum and paying £90,000 would get a healthy yield of 9.86%
The house looks as though it needs some TLC, but I would hope that your costs would be relatively low to get the house in a reasonable condition. Unfortunately Bairstow Eves have only taken one photograph so without a viewing it’s difficult to confirm the condition of the interior. The house is currently vacant so you may be able to get this for a lower than advertised price, making an even better yield.

Full details can be found  via the following link:

http://bit.ly/1FtyZud      


 
On the other hand if you were looking for private renters, this 4 bed house in Brambling, Wilnecote is in immaculate condition and will always attract renters. The house which is being advertised with Mark Evans and advertised on Zoopla would bring you in an annual return of 6.95%. Still a nice little earner.
 
I would expect you to achieve rent of £11,400 per annum if you were able to purchase the house for £164, 000, the house has been on the market since February and you may have  a little room to negotiate from the current asking price of £164,950.  
 
For an investor looking for a low-hassle purchase with renter demand, I don’t think you can go wrong.
 
Full details can be found  via the following link:
http://bit.ly/1DuhaM4
 
If you would like to discuss your own property requirements, feel free to drop me a line, you don’t need to be one of our existing landlords. 

If you are thinking of getting into the property rental market and don’t know where to start, 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 01827 425195, you can always email me on Lorraine@hallandthompson.co.uk
Don’t forget to visit the links below to view back dated deals and Tamworth Property www.tamworthpropertyblog.co.uk