Best buys in and around Melton Mowbray under £125k this week 12/9/17

Newton Fallowell are advertising this 2 bed apartment in the Beckmill development for £115,000. We currently achieve between £550 and £575 pcm for this style of apartment in this development. It does give a good potential return but with and flat there is always the ground rent and block management fees to consider.

http://www.rightmove.co.uk/property-for-sale/property-61770247.html

        

Newton Fallowell are also advertising this apartment just off the Leicester Road. It has 2 beds and an en-suite. It would easily let for around £550 pcm  so you would be looking at a potential return of 5.5%.

http://www.rightmove.co.uk/property-for-sale/property-61340026.html

        

Bentons have a smart 2 bed terrace property for sale at Asfordby Valley.  Its on the market for £124,995 and has a great kitchen and bathroom. The garden looks lovely to. It would achieve £575 pcm so again a potential return of 5.5%.

http://www.rightmove.co.uk/property-for-sale/property-50502432.html

          

Please note these values are for guidance only as the properties have not been fully appraised and are based on details available online. The % returns are gross so do not include any running costs of the let or Stamp Duty Land Tax. 

If you are considering investing in property please give me a call to discuss the rental returns 01664 569700 Charlotte.

Stafford Avenue £149,950 - potential 5.2 % return

This is a lovely big 3 bed property on Stafford Avenue. It is for sale with Harrison Murray for £149,950 and is in an area very popular with families. We would expect to let this property for £650 pcm as it has a nice garden and large rooms. 

The lack of parking is overcome by the generous room sizes so it could provide a potential return of 5.2%. It would be very popular with families as there is a good primary school around the corner. 

http://www.rightmove.co.uk/property-for-sale/property-68734205.html