At the moment interest rates are dropping, house prices are the lowest the are going to be and rents are the highest they have ever been. I’m personally thinking that in the next few months house prices in the market we operate in are going to start increasing as the demand for them is already getting higher.
We have now updated ALL existing property brochures with the new rates (which are expected to fall further), so why not have a look at some of our existing stock to see how the figures have improved and how buying right now could be the perfect time!
The rental market has really increased in this area, we would predict this property to achieve £675 - £700PCM.
Properties had an overall average price of £141,371 over the last year.
The majority of sales during the last year were terraced properties, selling for an average price of £117,331.
Overall, sold prices over the last year were 7% up on the previous year and 7% up on the 2021 peak of £131,540.
The property has been tenanted since 29.07.2023 and is due to have the rent increased to £525PCM in July 2024. Tenants pay on time each month and we have had no issues with them.
The property was renovated in June 2023 and rented immediately. There are no required maintenance works.
Properties had an overall average price of £133,224 over the last year.
The majority of sales in during the last year were terraced properties, selling for an average price of £95,144.
This property is ready to rent and will achieve at least £600PCM.
We already manage 8 properties in this area and currently rentals are in high demand.
Properties had an overall average price of £153,762 over the last year.
The majority of sales in during the last year were terraced properties, selling for an average price of £106,174.
Overall, sold prices over the last year were 15% up on the previous year and 20% up on the 2020 peak of £128,497.
Introducing a remarkable investment opportunity in a turn-key 3-bedroom property, priced at just £103,000. This meticulously maintained home is ready to generate substantial rental income from day one, estimated at £800 per calendar month.
Properties had an overall average price of £136,206 over the last year.
The majority of sales in during the last year were terraced properties, selling for an average price of £95,568.
Introducing a premier investment choice, this turn-key property, is offered at an £95,000. It stands out not only for its immediate income potential, reflected in a tenancy at £695 per calendar month but also for its hassle-free, ready-to-go status.
Properties had an overall average price of £156,201 over the last year.
The majority of sales in during the last year were terraced properties, selling for an average price of £127,657.
This 3 bedroom property requires some minor touch up decorating and it will be ready for the the rental market.
There is currently a property rented on the same street for £795PCM.
Properties had an overall average price of £115,723 over the last year.
The majority of sales in during the last year were terraced properties, selling for an average price of £103,726.
Investment opportunity for a three-bedroom turn-key property, available for £105,000, potential rental income exceeding £850 per calendar month.
Properties had an overall average price of £159,690 over the last year.
The majority of sales in during the last year were terraced properties, selling for an average price of £119,192.
Seize the chance to invest in a prime turn-key property, listed at an attractive price of £65,000, boasting a potential rental income exceeding £550 per calendar month. This property is an excellent opportunity for investors seeking a low-entry cost with a high return potential in a competitive rental market.
Properties had an overall average price of £109,446 over the last year.
The majority of sales in during the last year were terraced properties, selling for an average price of £82,809.
Seize the opportunity to invest in a turn-key property, offering an attractive purchase price of £61,500 and a stable rental income of £475 per calendar month. This investment is ideal for those looking to enter the property market or expand their portfolio with minimal effort and immediate returns.
Properties had an overall average price of £136,472 over the last year.
The majority of sales in during the last year were terraced properties, selling for an average price of £96,608.
We recommend that you be satisfied with the expected rental returns and income based on the property's purchase price. Consider any potential future increase in value as a bonus. The property market can fluctuate, sometimes decreasing in value, so it's wise to think of property investment as a long-term strategy.
Our estimations for potential revaluations and rental incomes are based on current market trends. Please note that we are not responsible for any discrepancies between our estimates and the valuations made by lenders. We encourage all clients to independently verify any figures we provide and base their purchasing decisions on their own investigation of rental returns, current and potential market values in the area.
Be aware that all renovation cost figures are approximations. Actual costs may vary, potentially increasing or decreasing depending on the nature of the work and any unforeseen issues after purchase completion. Properties requiring electrical testing may need extensive work, such as a complete rewiring, if they fail these tests.
Any property purchase is undertaken at the buyer's own risk. We always recommend seeking professional advice. Our service is intended for guidance and should not be solely relied upon for decision-making.
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