Friday, January 26, 2018

Potential Investment Opportunity - Currently Tenanted

We have a landlord looking to sell a property on Fleming Drive, Melton Mowbray.

The current tenants have been living in the property since February 2016 paying £550 pcm rent. If this came up for re let it would currently achieve £595 pcm.

The landlord is looking to sell the property for £150,000 and this is your opportunity to consider this investment property before it is listed with an estate agent.
You could be getting a yield of 4.7% from day one and improve that return in the future.

This is a 2 bed Barratts property built around 2009 with an enclosed rear garden. These properties are on the development at the top of Doctors Lane and are very popular with tenants. If you would like to arrange a viewing or express an interest please let me know.

Charlotte Baker Belvoir Lettings 01664 569700

Thursday, January 18, 2018

Buy to Let investment that will appeal to Families in Melton Mowbray

This 3 bed extended semi is on the market with Anthony Hancock. It is located on a popular estate to the south of Melton Mowbray and has been extended to create a good size kitchen. 

As it has a garage it would easily let for £675 pcm and with an asking price of £185,000 it could make a good investment. Its certainly the type of property to let quickly and have minimal void periods...