2 Medway Close, Chilwell, Nottingham, NG9 5FS

2 Medway Close, Chilwell, Nottingham, NG9 5FS

See Rightmove link below:

http://www.rightmove.co.uk/property-for-sale/property-37138357.html

A lot of people haven't even considered bungalows for a B-T-L investment, but with an ageing population the demand for bungalows is going to increase significantly. See report below:

http://www.parliament.uk/business/publications/research/key-issues-for-the-new-parliament/value-for-money-in-public-services/the-ageing-population/

There are very few bungalows on the rental market, so the demand is high and the tenancies tend to be long term. You should expect to achieve approximately £600pcm for this property, so based on a purchase price of £120k it is a 6% rental yield.

Douglas Court, Toton

30 Douglas Court, Toton, NG9 6ER

See the link below:

http://www.rightmove.co.uk/property-for-sale/property-41111717.html?premiumA=true

Don't be put off by the exterior appearance of this block, it is popular within the area, well maintained and attracts professional tenants. It is a great investment for someone who wants to take advantage of the Toton tram link but doesn't have a large budget.

This property would comfortably Let out for £450pcm, and based on the last three prices paid for two bedroom flats (62k) you are looking at a gross yield of 8.7%!

Houses prices - http://www.zoopla.co.uk/house-prices/nottingham/beeston/douglas-court/ng9-6er/?q=NG9%206ER&search_source=house-prices

THINGS TO CHECK OUT - LENGTH OF LEASE + MANAGEMENT FEE'S / GROUND RENT.

24 Wharfedale Road, Long Eaton, Nottingham, NG10 3HG

See link below:

http://www.rightmove.co.uk/property-for-sale/property-38030782.html

A very popular estate (The Dales) with tenants. Typically properties of this type on the estate will sell for between £120-125k so it is priced competitively.

You should expect to achieve around £550-575pcm, working on a purchase price of £115k you are looking at a yield of around 5.7-6.0%. Although the yield isn't that exciting, we generally find that rental properties don't come up that often in this area, so once tenants secure a property on the estate they tend to stay put.

We have had one tenant on Teesdale Road for 4 years, and another tenant on Darwin Road for 10 years!