Thursday, April 19, 2018

5% Potential Rental Return - Waltham Rise

Fantastic family property for sale on Waltham Rise just off Baldocks Lane and is being marketed by Melton Premier for £169,500. 
You would be looking at 4.7% - 5% return on the investment and long term tenants so it might be the type of property an investor looking for a pension income may want to consider. 
The interior looks to be in great condition too so not a lot of work required to get it let!

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Saturday, April 7, 2018

Asfordby Valley - 2 bed semi detached would achieve £600 pcm

This 2 bed semi-detached property is being marketed by Middletons for £149,950. It is in Asfordby Valley, has a nice garden and a modern dining kitchen. It wold easily achieve £600 pcm on the rental market and I think would appeal to tenants looking for a long term rental property.

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Thursday, April 5, 2018

Rosebery Avenue - 3 investment properties on the market...

It looks like there is landlord selling a chunk of a portfolio on Rosebery Avenue near the centre of Melton Mowbray. There are three terraces being marketed by Newton Fallowell - all in the region of £125,000 with tenants currently paying £535 pcm. 

These properties always let well if they are well maintained and give a potential return of over 5% from day 1.