Here is an opportunity to purchase a two bedroom property located in an area that rents really well, it’s close to the town centre and both railway stations. It boasts two spacious bedrooms, a modern kitchen, bathroom and garage.
The guide price is £250,000 and with expected rent of £925-950 pcm this would provide a solid gross annual yield of 4.56%.
It’s on the market with Purple Bricks and here is the link http://www.rightmove.co.uk/property-for-sale/property-52908243.html
Just taken a call from an agent to give me the heads up that this property has been added to the market this afternoon. It’s not even had the full photos taken at this moment so this really is a HOT deal straight off the press! Read More
One of the best things about my job is helping Bicester landlords with their strategic portfolio management. Gone are the days of making money by buying any old Bicester property to rent out or sell on. Nowadays, property investment is both an art and science. The art is your gut reaction to a property, but with the power of the internet and the way the Bicester property market has gone in the last 11 years, science must also play its part on a property’s future viability for investment. Read More
As we go headlong into 2018, I predict that UK interest rates will stay low, even with the additional 0.25% increase that is expected in May or June. This rise will add just over £20 to the typical £160,000 tracker mortgage, although with 57.1% of all borrowers on fixed rates, it will probably go undetected by most buy-to-let landlords and homeowners.
I also think it’s unlikely that we’ll see any more interest rate rises due to the fragile nature of the British economy as it continues to navigate Brexit. Even though mortgages will remain inexpensive, with retail price inflation outstripping salary rises, it will still very much feel like a heavy weight to some Bicester households. Read More
Looking at the newspapers between Christmas and New Year, it seemed that this year’s spot in the column inches was given over to predicting the future of the British housing market. So in response to that, I have shared some of my thoughts on the Bicester property market below.
With the average five-year fixed rate mortgage at 1.98% (down from 3.47% in 2014) and two-year fixed rate at 1.47% (down from 2.37% in 2014), mortgage interest rates offered by lenders are at an all-time low (even with the slight increase on the Bank of England base rate a few months ago). Read More
This two bedroom end of terrace property in Southwold has just entered the market with Apple Homes. It’s in good order as it’s been recently renovated by the current vendor, it’s very rentable due to the condition and location, so I would suggest rent in the region of £825 pcm which based on the guide price of £194,995 would provide a very reasonable 5% gross annual yield.
I don’t think this will be around for long, here is the link for more details;
http://www.rightmove.co.uk/property-for-sale/property-70972490.html
Just spotted this gem on Rightmove. It’s a three bedroom end terrace property located in Southwold. Read More
I was recently reading a report by the Home website, which stated that hordes of landlords are selling their buy-to-let investments due to increasing burdens on them in the buy-to-let market. Their findings show that the number of new properties that came onto the market (for sale) nationally, jumped by 11% as a result.
The increasing burdens relate to new tax rules coming into effect over the next three to four years, as well as the announcement that all self-managing landlords (i.e. landlords that don’t use a letting agent to look after their buy-to-let property) will soon need to register with a compulsory redress scheme to resolve tenant arguments and disputes. This is because Westminster wants to heighten standards in the private-rented sector. Read More
If you need something to get you in to the swing of 2018 after the festivities, this deal will get you excited! If it’s not gone already, this large 2 bed linked detached in the Glory Farm area is an ideal investment opportunity, it’s on the market with Barton Fleming for £265,000 and would rent for £1,000 providing a 4.52% gross annual yield. The rent is at the top end for a 2 bedroom property but this home is significantly bigger than your typical 2 bed in Bicester so would have no problem finding tenants at that price.
Here is the link for full details. http://www.rightmove.co.uk/property-for-sale/property-52278531.html
This 2 bedroom mid terrace located in the popular Bure Park was reduced today. The asking price has dropped to £245,000 but with plenty of festive cheer still in the air could there be room for further negotiation? Read More
This weeks Buy to Let deal, is a two bedroom mid-terrace on the new Kingsmere, Bicester. The asking price is £269,950, it will rent for £1,000 per month giving you a gross yield of 4.44% per year. The Kingsmere development is a desirable place to live within Bicester and popular with Bicester Village employees as it is only a short walk away. It’s on the market with Barton Fleming in Bicester, here is a link to the property. http://www.rightmove.co.uk/property-for-sale/property-70407290.html
I have just spotted this ‘Winter Winner’, it’s a two bedroom semi detached house in Greenwood, Bicester. The property is on the market with Chancellors and the guide price is £210,000. The property has tenants in situ with rent agreed of £850 per month providing a gross yield of 4.85% per annum. This is a great deal as the current AST is about to be renewed on March 2018 and the property has a history of being tenanted with little problem.
Here is the link. http://www.rightmove.co.uk/property-for-sale/property-70350308.html
This weeks Buy to Let deal is a three bedroom terraced house in Cosford Gardens. The market price is £250,000, I would expect a monthly rental amount of £1,050-£1,100 which means this property would provide a good minimum gross yield of 5.04% per annum.
The property is listed with Quadrant, here is the link. http://www.rightmove.co.uk/property-for-sale/property-62461402.html
This property is priced to sell quickly and it will do exactly that if you do not act fast! The three bedroom family home in Fairford Way is on the market for just £240,000 and with potential to rent for £1,100 per month, it could provide a landlord with a mouth watering 5.5% gross yield per annum.
The property is listed by Michael Crouch, here are the details. http://www.rightmove.co.uk/property-for-sale/property-51389181.html
This weeks Buy to Let deal is a 2 bedroom terraced house, which is on the market with Quadrant for £234,995. The property is located in Langford Village which continues to have a strong demand from tenants. The property will rent for £950 per month which represents a solid 4.85% gross annual yield.
Here is the link to the details.
http://www.rightmove.co.uk/property-for-sale/property-61974715.html
This little beauty is available for £257,500 and with rental potential of £1,100 per month would generate you a tasty gross annual yield of 5.12%.
The property benefits from a recently fitted kitchen, bathroom and boiler meaning it requires little to no work before being occupied. I can’t see this one being around for too long!
The property is listed by Barton Fleming, here is the link.
http://www.rightmove.co.uk/property-for-sale/property-67665275.html
