Another BTL or Keeper property -no denying its good value – previous prices here
Certainly rentable at £875-900 giving a respectable yield of 4.9% gross – clearly needs a redec but that’s only £2000 ish. Get your wallet over to Connells and book a viewing. http://www.rightmove.co.uk/property-for-sale/property-70747664.html
Something a little different on this dull Tuesday afternoon!
We regularly get enquiries from applicants searching for a bungalow, and for this very reason, they appear to be few and far between. One particular area where they appear occasionally is Laverstock, well known as one of the more desirable areas of Salisbury, perfect for those who don’t want to live in the City Centre, but just a short drive to the amenities that Salisbury has to offer.
This two bedroom bungalow, currently advertised with Middelton & Major, has been on the market since 2nd January 2018. Accomodation comprises entrance Hallway, Living/Dining Room, Kitchen, two Bedrooms and family Bathroom. This property also benefits from a single Garage, off-road Parking and rear Garden. In my opinion, the accomodation appears to be presented in a good condition, although i believe it would benefit from some updating.
Unlike our previous posts, the figures don’t particularly add up from the point of view of an investor, however I believe that this property would be well suited to an owner occupier, potentially looking for a property to retire to.
If this property is of interest to you, be sure to give Middleton & Major a call! I’m sure this property will be snapped up! http://www.rightmove.co.uk/property-for-sale/property-63364129.html
Something a little different to start the week!
This fantastic grade II listed former Toll House could be a brilliant development opportunity, all you need is a little imagination! The property itself is situated within the increasingly popular area of Amesbury, with amenities, great transport links and only a short distance from Salisbury City Centre.
Accomodation comprises entrance vestibule, Living Room, Kitchen/Diner, Sitting Room/Bedroom 2, Bathroom and first floor Studio Bedroom. The current dwelling could simply be updated both inside and outside producing a beautiful property, there may also be scope for extension. Planning permission was previously granted for the building of a double garage. This has now lapsed, but there is certainly potential for this to be re-obtained.
Jordan’s, the advertising agent, are hosting viewings on Wednesday’s between 16:00 and 17:00 and Saturday morning’s by appointment only. Give them a call to book your slot and assess the potential of this gem!
Something a little different to start a very hot week!
This immaculately presented detached three bedroom family home situated within the Fugglestone Red area of Salisbury is currently on the market with Hamptons of Salisbury. The accomodation comprises Living Room, Kitchen/Diner, two doubled Bedrooms, one further single Bedroom along with Family Bathroom, front and rear Gardens, detached single Garage and off-road Parking. In the words of the advertising agent, ‘This versatile home has been comprehensively modernised by the current vendors to provide flexible modern open plan living accommodation presented to an impeccable standard throughout,’ and I must say I have to agree! Whilst this property doesn’t necessarily fit into my usual 5% yield and upwards bracket, with a potential rent of £1000pcm, you could still be looking at a healthy 4.4% return! Alternatively, this property would make a fantastic family home in an increasingly popular area of Salisbury. What you lack in yield here could potentially be made up for in Capital Growth, with the last almost identical property selling in just September last year for a figure of £240,000! http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=56077052&sale=88576683&country=england
Give Hamptons a ring to arrange your viewing, and be quick because I don’t think this one will hang around for long! http://www.rightmove.co.uk/property-for-sale/property-60493408.html
Another for those Investors and Property Developers alike!!
There is no hiding the fact that this property is in need of modernisation throughout, however, with the current acommodation comprising two Reception Rooms, large Kitchen, three Good sized Bedrooms and a Family Bathroom, a little bit of updating could see this property become a fantastic BTL, development opportunity or family home. Once finished, I would estimate a rental value of £900pcm, meaning at the current price you would be looking at a healthy yield of 6.1%. In terms of developing the property to sell on or purchasing it as a Family Home to put your stamp on, there is definitely some scope for profit, with similar properties selling for £195,000 finished.
The property is currently marketed with Simon Colligan of Amesbury, give them a call to arrange your viewing and see how this property could work for you!
A cracking BTL opportunity to start the week! This three bedroom terraced property is currently marketed with Carter & May, Viewings commence tomorrow!
The property benefits from a large Reception Room, Conservatory, three good sized Bedrooms and a Garage as well as Off-road Parking. I would expect to achieve a rental figure of around £900pcm, meaning that at the current asking price, you would be looking at a potential yield of around 4.8%. Alternatively, this would make a fantastic family home on the outskirts of the City Centre!
Give Carter & May a call to arrange your viewing! http://www.rightmove.co.uk/property-for-sale/property-48261432.html
Maybe not a property that you might consider a BTL opportunity but humour me for a moment. The figures do stack up….£2750-3000 pcm rent would give a yield of 4.3%, perfect you might think (if you have £825,000 to invest). Alternatively this beautiful farmhouse, on the edge of Salisbury Plain, would make a perfect family home or weekend retreat.Woolley & Wallis are the agent to call to arrange your viewing, we of course could find you those tenants!
Currently marketed with Connells, this three bedroom semi-detached house would make a cracking low maintenance BTL or equally as fantastic family home! Situated just off of the Wilton Road, on the outskirts of Salisbury City Centre, the property boasts from a downstairs WC, large Living/Dining Room, three good sized Bedrooms as well as a family Bathroom, rear garden and off-road Parking for one car. We recently let a 4 bedroom property just a couple of doors up on first viewing for £1350pcm, I would recommend a rental value of £975pcm for this property, meaning a respectable 5% yield! Alternatively, another fantastic reasonably priced family home. http://www.rightmove.co.uk/property-for-sale/property-65233757.html
This Grade ll Listed split level maisonette situated in a prime location within Salisbury City Centre is currently advertised with Bassets. The accomodation ‘enjoys a wealth of character and period features’ and is incredibly well presented throughout with good sized Reception Room, seperate fitted Kitchen, two double Bedrooms and a further Dressing Room. I would estimate a rental value of £775pcm, meaning at the current asking price, you could expect a yield of 5%. Alternatively, if you’re a sucker for character and are looking for a City Centre Pad on the lower end of the market, this could be the place for you! Give Bassets a ring to book your viewing!
If you would like our honest opinion on the rental potential of this property, one of your own properties or another property you have seen on Rightmove, give a member of the team a call! http://www.rightmove.co.uk/property-for-sale/property-48153540.html
The Wednesday drag called for something a little different today, like this former coach house in Broughton, Hampshire. This stunning property is ‘set within it’s own parkland within the heart of the Test Valley’ and boasts five to six reception rooms, two to three bedrooms, three bathrooms, outbuildings, swimming pool and is set in approximately 18.92 acres! Despite having few bedrooms, its vast amount of reception rooms and surrounding land as well as it’s immaculate modern interior more than justifies the price tag! This would certainly make a cool pad for those who love to entertain. If you’ve got a spare £2.5 mil and fancy a dip in your own private pool in the glorious British sunshine, give Knight Frank of Winchester a call! http://www.rightmove.co.uk/property-for-sale/property-47890761.html