Recently we have had many enquiries from buyers looking to invest in properties so we have a few that are currently on the market and could make great investments.
NG13:
Dakota Road, Newton
2 bed modern property, garden and off road parking £182,000
Agents: Johnson and partners
Potential rental £800 pcm Potential Yield 5.25%
https://www.rightmove.co.uk/properties/114224267#/?channel=RES_BUY
Newton is ideally located for people travelling to work in Nottingham, Leicester and Newark. It is a popular rural location a few miles from the market town of Bingham.
A down side for Newton, if you are un familiar with the area, is the lack of a village shop or school. These are however in the pipeline with the upcoming Newton Garden Village. See our recent blog about the Redrow development and capital growth potential : https://www.belvoir.co.uk/bingham-estate-agents/articles/a-new-build-investment-property-with-an-opportunity-for-capital-growth/
Langdale Grove, Bingham
1 bed property £119,950
Agents: Newton Fallowell
Potential rental £600 pcm Potential yield: 6%
https://www.rightmove.co.uk/properties/111430913#/?channel=RES_BUY
I like these 1 bed properties as they suit a single person or a couple and they let easily. This one is a 10 minute walk to Bingham town centre and close to the bus route to Nottingham. It has an outside lawned area and it is a quiet cul de sac location.
If you are considering investing in property please give me a call and we can let you know what the properties should achieve on the rental market. The demand is so high at the moment we are achieving higher rents but we always discuss a realistic rental to help investors calculate the best options.
Please note these values are for guidance only as the properties have not been fully appraised and are based on details available online. The % returns are gross so do not include any running costs of the let.
Please give me a call 01949 714101 or email charlotte.baker@belvoir.co.uk
