Egham - Freehold house at £220,000 - 5.1% yield

Townends have just this one bed town hosue for sale at a very reasonable £220,000. Will rent for £900 to £925 per month, a freehold yield of 5.1%

Little cracker!

http://www.zoopla.co.uk/for-sale/details/34343013#h9WZPMHqxf6IBB43.97

Stainash Crescent in Staines - Decent BTL investment

Regents have just put this on the market for £320,000. I thought it looked quite nice and would make a decent  buy to let investment.

Regents say "Presented in good condition throughout this three bedroom house is situated within walking distance of Staines train station and local amenities. The ground floor comprises open plan living/dining room with double doors leading onto the garden and re-fitted kitchen. Upstairs there are two double bedrooms with built in wardrobes, further single bedroom and good size family bathroom. Further benefits include rear access, garage, gas central heating and double glazed windows. Viewings are highly recommended! "
We say, it will rent well and sell well .. wont on the market for long .. click here for more pictures ..  http://www.zoopla.co.uk/for-sale/details/34343081#TXtxwmTQZVxQt0z8.97

How can you find a good property deal in Staines?

The debate about what constitutes a Staines property bargain has always been a subject of burning interest to most landlords.

We spend every minute of our working (possibly even our waking) lives thinking about, talking about, debating  property  and rental values in our area.   Knowing what has happened to the property market in Staines and Ashford compared to say, Stanwell, allows us to spot and identify trends for buy to let landlords. Therefore we are able to voice an opinion on what does (and doesn’t) make a good property investment. 

For example here ‘s a bargain we spotted at the time, and now that it has completed, we wanted to share with you.  A 1 bed flat in Romana Court on Sidney Road sold in September 2011 for £124,950.  Two years later, it came back on the market and completed in January of this year for £169,250, that’s an overall increase of 35%.  I’ll bet that vendor is quite satisfied with his return on investment!  

In addition had he been renting he would most likely have achieved a rental of around £750, giving him a very impressive yield of 7.2%.  And if the new owner goes on to rent, with a likely rental value of £795 - £825 he will still achieve a very healthy 5.8%.

Whether you are a landlord of ours or not, drop by our office for advice and opinion on where the bargains are in Staines.  We can guide you on what and where to buy.  We don’t charge for our advice, so just drop in for a chat. 

Laleham Buy to let deal - nice maisonette

Frosts have this more mature 2 bed maisonette for sale at £250,000

http://www.rightmove.co.uk/property-for-sale/property-32028777.html?premiumA=true

They say, "Located in a small cul-de-sac on the popular 'Royal Estate' in Laleham, close to local shops and amenities with easy access of both Ashford and Staines town centres and mainline train stations, this two double bedroom ground floor maisonette is offered for sale in excellent condition. This spacious accommodation comprises a lounge, a modern kitchen, refitted bathroom suite, one bedroom also benefitting from fitted wardrobes. Further features include double glazing, gas central heating, direct access to a private garden and two brick built storage areas."

We say a very reasonable buy to let purchase especially as a private garden that tenants will love. Nice inside, have a look at the pictures via the link.

Stanwell BTL - ideal for Heathrow workers or Plane spotters

Well, she isnt going to win any prizes for looks, but this utilitaran one bed apartment will sell well and always let well.

Frosts have put her on the market at Offers Over £165,000. Will rent for £775 to £800 per month depending on condition and marketing. Yield of 5.5%+


Needs serious consideration. Ignore the clutter inside ... get it bought!

http://www.zoopla.co.uk/for-sale/details/34290422#WgF8Ce3g4lJkmfKS.97

Property values rise by nearly £400 per week in Staines

Last week a landlord who lives in a lovely riverside property in Wraysbury came into our office to discuss the rising property values in Staines 

He owns a portfolio of rental properties with several two bedroom flats just off the Kingston Road, a stone’s throw from the station, so always easy to let.  He is considering selling a couple of these off now that there are indications that the market is starting to move, so he came in to discuss the increase in property values in the area

.  

Over the last 12 months property values in Staines itself have increased by an impressive £394 a week.  However this price rise is by no means uniform and there are some significant variances.  If you look at Stanwell for example, that area has seen a significantly lower average increase at around £225 per week; on the other hand Ashford has risen by £360 per week, doing almost as well as Staines.  This snapshot looks at the last twelve months, however during March and April 2014 the market really gathered pace and moved even more quickly.  In line with London, this acceleration seems to have stabilised and is now being consolidated - good news for homeowners and landlords alike.

Looking at this landlord’s buy to let portfolio, the rental values have shown a small upward trend of around 1.5% over the last 12 months.  Over the last five years we have seen rents in our area rise around 5.5%, so he has seen a steady rental return whilst also accruing significant capital growth. 

Now could be a great time to invest in the property market in Staines.  If you would like some advice about buying to let, be you a landlord with a portfolio of someone thinking of investing in the rental market for the first time, please come at talk to us at our office on the High Street in Staines.

Westland Close, Stanwell - BTL deal of the week

Sherwoods have poped this delightful 1 bed maisonette on the market for £145,000

They say, "Sherwoods are delighted to present the market this one bedroom first floor maisonette located in our opinion within walking distance to Stanwell Village. Benefits include double glazing, allocated parking bay and is chain free. Viewings highly recommend."

We say, cracking little bargain. Make sure you check the lease (as with all maisonettes), but these are normally pretty good

http://www.zoopla.co.uk/for-sale/details/34107107#YUGjrEg20Y5mllhr