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.