Latest News For Investors

Month: October 2015

Good buy to let option!

Having a little nose on Rightmove this morning and this property caught my eye. It looks to be in lovely condition and they are great apartments for buy to let. They are modern, close enough to the centre for professionals and usually a very good size.

ATTRACTIVE CITY INVESTMENT OPPORTUNITY. Stylish apartment in the prestigious Princesshay development in the heart of the Exeter. This beautifully presented one bedroom apartment has a spacious lounge, modern kitchen and bathroom, with easy access to the nearby shops and cafes. Achievable montly rental of £725 5.5% yield gross.

If this particular property isn’t floating your boat, but have seen something else that you would like an honest opinion on, e-mail me the link over to exeter@northwooduk.com and I’ll be happy to give you a rental guide and opinion on lettability.

 

 

Continue Reading

6% Gross Return, Not bad!

Halfway through another week and, here’s another hot property THAT WE HAVE JUST PUT ON THE MARKET. This is a really nice example of a EXCELLENT INVESTMENT OPPORTUNITY. Its a 2 bed apartment situated near the Exeter University.GREAT LOCATION but it will need some TLC.

Similar properties in the area are renting for around £750 pcm, for the nice ones, which means, when you compare it against the current asking price of £150,000,  you could potentially receive a SUPERB annual gross return of 6%.

You will need to bear in mind though, this is a leasehold property, so there may be an element of service charges / ground rent.

My door is always open if you want to pop in for a chat about investing in Exeter, my office is on 85 South Street, EX1 1EQ.

Continue Reading

Great buy to let deal near the RD&E Hospital

Good afternoon everyone, I hope you are all keeping well. We have just been instructed on this property and it could be a great investment property.
It’s a 2 bedroom mid terrace property situated within walking distnace of the RD&E Hospital. The current landlord had the property rented out for £750 pcm. It may need a lick of paint but apart from that it’s ready to go.

The property is currently being marketed at £210,000. The tenants were paying £750 pcm. Therefore, based on these numbers, you could be looking at an annual gross return of 4.2%. The yield is O.K but the I can see CAPITAL GROWTH in this property.

If you would to book a viewing on this place, you better be quick, interest is hotting up! You can contact our sales team on 01392 435 130.

Continue Reading