http://www.rightmove.co.uk/property-for-sale/property-43766189.html
Click on the Rightmove link above to see my most recent property post.
Reasonable price, ready to let and a good rental yield!
You should expect to achieve £450 - 475pcm, so based on the asking price alone you are looking at a gross yield of between 6.3% and 6.7%.
This is a very popular area with people who are seeking rental properties in Long Eaton.
Thursday, 6 March 2014
Tuesday, 26 November 2013
19 Bramley Road, Long Eaton, Nottingham, NG10 3SX
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| 19 Bramley Road, Long Eaton, Nottingham, NG10 3SX |
Very well presented one bedroom top floor apartment. A stones throw away from Long Eaton train station and within 5 minutes of the M1. This is a great location for commuting to Nottingham, Derby and Leicester and is therefore very popular with professionals.
We have rented this apartment out for 16 months and the same tenant has lived there since the beginning. It comfortably rents out for £425pcm. I know that the vendor is motivated to sell and is very open to reasonable offers.
Pay the right price and you should expect a gross yield of atleast 6%.
The lease is 125 years from 1 Jan 2006, ground rent is 250pa, and management charge is around 800pa.
A sound investment for someone with a small amount of capital to invest.
We have contact with the vendor, please let me know if you wish to submit an offer.
Thursday, 21 November 2013
Rowsley Avenue, Long Eaton, Nottingham
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| Rowsley Avenue, Long Eaton, Nottingham |
A slightly high asking price, but a good property and a popular location!
Pay the right price and you should expect a yield of around 6% on this property, and it will let time and time again!
Wednesday, 23 October 2013
Close Quarters, Cow Lane, Bramcote, Nottingham
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Close Quarters, Cow Lane, Bramcote Village, Nottingham |
Please click here to see this property on Rightmove.
A lovely location and a strong yield. We have always found Bramcote village to be popular with renters. This flat would achieve £525pcm. I think an offer of £92,500 is not unreasonable and based on this price that would be a gross yield of 6.8%.
There are no details of the leasehold on the marketing, make sure you check the length of the lease before submitting any offers. Anything below 75 years and the property will lose value year on year. You can apply for an extension of the leasehold but this can cost thousands. If this is the case that should be reflected in any offers made.
I would also make enquiries about installing gas central heating.
Tuesday, 22 October 2013
14 Curzon Street, Long Eaton, NG10
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| 14 Curzon Street, Long Eaton, NG10 |
Click here to see the property on Rightmove.
This is a sought after postcode in Long Eaton, Close to Trent College and within minutes of the M1 and A52.
It appears to be ready to let immediately, and you should expect to achieve around £575pcm. Based on the asking price alone this gives you a respectable yield of 6%.
Properties on this street will hold there value well. This is a good long term investment.
One thing to bare in mind is maintenance costs are always higher with a property of this age, and this will eat in to your gross rental yield.
Wednesday, 19 June 2013
27 Hobart Drive, Stapleford, Nottingham, NG9 8PX
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| 27 Hobart Drive, Stapleford, Nottingham, NG9 8PX |
This property is competitively priced and once it is brought up to a lettable standard you should expect to achieve around £550 per calender month. It is less than a mile away from Bramcote Hills Primary School which has an excellent reputation.
It has been on the market for almost a year and was originally marketed for £129,500. Given the £30k reduction I would say the vendors are motivated to sell and may accept an offer.
Monday, 10 June 2013
Stevens Road, Sandiacre, Nottingham, NG10 5FU
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| Stevens Road, Sandiacre, Nottingham, NG10 5FU |
See link below:
For sale by Auction on Thursday 11th July 2013.
The property has a realistic guide price and once it has been brought up to a good standard you should expect to achieve around £500pcm.
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