Friday, 27 February 2015

Headingley one bed flat with 7% return

Located on the fringes of Headingley, Moores Estate Agents have this huge one bed ground floor flat is for sale for £110k. It's perfectly located for those wishing to be close to all the excitement of Headingley and Hyde Park but tucked away nicely for when you need some peace and quiet!

A flat of this size will let all day long in the region of £650pcm so when you do the sums that's a yield of 7% so it's definitely worth looking in to!

If you'd like any advice on this property or any other that you're thinking of investing in then by all means just give me a call on 0113 2304690 or 0113 2743488.

Wednesday, 18 February 2015

Burley 3 bed house with 7% return

I spotted this little number, which I think should be right up any buy to let investors street. A modern 3 bed house in Burley which is close to Headingley, the city centre and the train station, perfect for the commuting tenant.  Other 3 bed properties in this area are renting in region of £950pcm at the moment and this house offers great size rooms and a driveway.

Manning Stainton have an asking price on this property of £149,995, so if you do your calculations on these figures, you are looking at a potential annual return of 7%, much better than what you are getting in the banks at the moment!

If you would like any advice on buying a property to let, feel free to give me a call on 0113 2304690 or 0113 2743488. 

Tuesday, 17 February 2015

Large 2/3 bed house in Burley - 6% yield


Doing the sums on this spacious house in Burley on Beechwood Mount you could be looking at an annual yield of 6%. This is based on an asking price of £140,000 and an achievable asking rent of £650 pcm. The market for this type of property is incredibly hot at the moment.

This particular example looks lovely, nice and modern, with an additional study room (if rented to two people). Probably not much you would need to do to it to get it 'Letting Ready', although make sure that when you view it, you double check the nitty gritty of the condition, photos don't always tell the whole story. 

If you would like any further information on buying to let in Headingley & Burley, come on in for a chat. My office is on Burley Road.

Friday, 13 February 2015

Very large 2 bed house in Burley - great BTL deal!

This huge 2 bed end terraced house on Beechwood Street in Burley is available with Moores Estate Agents for £152,000. 

From looking at the photos it doesn't look like a whole lot needs doing to it to get it rented but my advice is to always arrange an inspection to check all the nitty gritty. 

Two bed properties, especially as spacious as this house are always popular and could achieve a rent of £735pcm so when you do the sums that's a yield of 6%. 

If you are out viewing property and want an idea of the 'realistic' rental price for it, just give a call, or email me the link over. My advice will always be honest and hopefully will enable you to make an informed decision of what is right for you.