Tuesday 24 March 2015

Deal of the Day - 1 bedroom terraced bungalow - Royal Oak Drive, Apley, Telford - Growing Demand for Bungalows!

Just seen this bungalow on with Barbers for £99,500, and the first thing that struck me was its location. close to a bus route and the princess Royal hospital, Apley is a desirable location and should rent well.
                                  
 
It looks on first inspection as the property is ready to rent, however will need closer inspection. Last week I received over 5 phone  calls for bungalows! 
 

 
A monthly rent for around £500 pcm could be achieved and if purchased at the asking price  you could expect a 6%.
 
See more at goo.gl/236Pmd

Saturday 21 March 2015

Deal of the Day - 3 Bed Semi, Bryony Rise, Randlay, Telford - Great Location & easy to Let

This property is currently vacant but in the process of been let. This will make a great addition to a portfolio or a solid first in investment.
 
Randlay is located close to Telford Town Centre, and walking distance to Telford Town park, it has local amenities including a school within walking distance. It also sits neatly between Stafford Park & Halesfield two of Telford's main employment parks.
 
Will be rented for £550.00 PCM offers over £110k considered.
 
Give me a call / email for further details
 
 
 


Wednesday 11 March 2015

Deal of the Day - 2 bedroom terraced, Crown Street, Dawley, Telford, Shropshire - Ready to go with a good return

 
Seen this property come onto the market yesterday. On with Barbers for £79,995 this is the type of property that will rent well in an area that has demand for 2 bed rental properties.
 
The gross return could be around £525.00 pcm giving an annual 7.8% return - maybe more if negotiated well!
 
Initially it looks ready to go, so don't think this will be around for too long.
 
Situated in the established residential locality of Dawley being served by a range of shops and a range of education facilities including Phoenix Academy. Good transport links connects the property to all parts of the Telford and surrounding area.
 
 

 
see more at goo.gl/0o3XlE
 
If your thinking of buying a rental property in the Telford area please give us call on 01952 306 444 we are always willing to help out with advice or support.
 
 
 

Tuesday 10 March 2015

Deal of the Day - 3 Bed Terrace, Trench Road, Trench, Telford - Good location, some work required.

 
Whilst on my way back from a valuation in Trench I seen this 3 bed terrace along the main Trench Road. Up with DB Roberts for £80k it looks like it needs some work, however some of it looks in good order.
 
Trench is a popular location for tenants, lots of local amenities, good schools and easy transports links across Telford and Newport, the Industrial parks of Hortonwood & Stafford park are located nearby.
 
A monthly rent of £525 pcm should be achievable giving a gross yield of 7.8% more if negotiated well!
 
Read more at http://goo.gl/LQqvMa

Friday 6 March 2015

Deal of the Day - 3 bed semi-detached, Broadway, Ketley, Telford - Good location with 6% Yield

 
On with Fodens for £104k this 3 bed semi is located in Ketley close to the popular HLC school and the market town of Wellington. With good transport links and easy access to the M54, Shrewsbury, Telford & the West Midlands are commutable from this location.
 
What took my eye with this property was the kitchen / diner layout and the parking outside parking, all features tenants are looking for. I also believe looking at the floor plan there's some scope to add some value.
 
The last property I let in this achieved £550 and it didn't take very long to find a good family tenant.
I believe this could be achieved on this property, giving a gross yield of around 6% maybe more if purchased below the asking price. 
 
If your thinking of buying a rental property in the Telford area please give us call on 01952 306 444 we are always willing to help out with advice or support.
 
See more at goo.gl/BPUi85

Wednesday 4 March 2015

Deal of the Day - 1 bed flat, Stonebridge Close, Telford - Potential of 9% Yield

I have just seen this come onto the market with DB Roberts for £55k, it appears to require some cosmetic attention, but this one bedroom ground floor flat makes a fantastic opportunity for the investor purchaser.
 
 
Requires some cosmetic attention - This one bedroom ground floor flat makes a fantastic opportunity for the investor purchaser. Should be able to receive £425 pcm giving at gross yield of over 9%
 
Speaking with an investor landlord yesterday who has properties in this area, he was explaining that having a mix of properties (flats and houses) in different areas if Telford enables him to a balanced mix of income and capital appreciation. If you would like to help or advice regarding investing in Telford please give me a call on 01952 306 444, I'll be happy to help.
 
Read more at goo.gl/8XFo3q