Latest News For Investors

Category: Property Deals

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.

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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.

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A stunning 1 Bedroom modern apartment – Great buy to let property!

A stunning 1 bedroom modern apartment located in the Exeter City Centre. This property is an excellent buy to let deal. It will be appealing to tenants who are looking for a City centre location which is within walking distance to high street shops, local cafés and restaurants.

This apartment is marketed by Northwood and it’s in EXCELLENT CONDITION, so from a buyers perspective, not much will need to be done to it once you own it.

The asking price is £225,000, a great apartment in the hub of the city centre.

Rental wise, you would be looking at approximately £800- 850pcm. If you took the top rental you would be looking to generate an annual yield of 4.5%.  

If you would like any advice on your investment property search, please do not hesitate to contact me 01392 435 130.

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Ready made investment in Alphington

This property has come on the market with Northwood. The property, formally a Cornish unit has been bricked up to more of a standard construction. The property comprises on the ground floor a separate lounge with a log burner, open plan kitchen/ breakfast room with bi-folding doors out to a decked area. The first floor offers 3 bedrooms and a shower room. The property also benefits from gas central heating, double glazing and a garden to front and rear. This would suit a family or anyone looking for an investment opportunity.

The property is on the market at £183,000 and the market rent is £795 pcm, this brings you up to 5.2% annual return.

For more potential good property deals for buy to let purposes, follow this blog as we post a few properties every week that catch our eye.

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