I have been taking a look at the latest properties to come to the market since we all returned after the festive break and come across this exciting prospect that I thought I would share with you.

It is a three bedroom end of terrace house in Pennycress, Locks Heath with a garage in a block.  From the pictures online with Purple Bricks the property looks in decent order to let straight out with little fuss.

Three bedroom houses have Tenants fighting over them in Locks Heath currently so finding a Tenant quickly won’t be a problem.  A monthly rent of £995 will give you a gross yield of 4.7% based on the asking price of £250,000 (OIEO).

I realise that yields aren’t the only point of interest for Landlords and that capital growth is a major factor to consider.  This property last sold in October 2012 for £181,000 meaning that in just over 4 years the property has increased in value by 38.12%.

Full details can be found HERE but this one shouldn’t be around for long so be quick.

I am always happy to give you my unbiased opinion on any properties that you are thinking of purchasing so feel free to give me a call on 01489 570011 or send me the details through to james.hill@brooklettings.co.uk.

I have been taking some time to look at properties to recently come to the market with buy-to-let potential this afternoon and have come across this house in Whiteley.

This two bedroom mid-terrace house is located in Acanthus Court in Whiteley and is on the market with Your Move in Park Gate for (offers in the region of) £220,000.

Acanthus Court is a popular location for Tenants wanting the ease of walking to work in the Solent Business Park and the shopping and eateries in Whiteley.  It has two double bedrooms which means that it will appeal to the mass audience, a cloakroom and off road parking.

Tenants like a nice modern house and this one would not need much in the way of preparation for the rental market.  The expected monthly rent is around £895pcm which equates to a 4.88% gross yield.

Full details of the property can be found HERE.

If you are considering purchasing a property to let out feel free to drop me a line at james.hill@brooklettings.co.uk or call me on 01489 570011 for my impartial view and projected rental figures.

I have just been taking a look at the latest properties to come to the market with buy to let potential and come across this one.

This one bedroom maisonette in Pimpernel Close is on the market with Beal’s Estate Agents in Park Gate for £152,500.  The projected rental income is around £625pcm so purchased at asking price this would give an attractive gross yield of 4.92%.  The property is leasehold and the Agent doesn’t specify any ground rent figures online so this should be checked.

The property looks in good order with a modern kitchen and bathroom so the cost of preparing the property for the lettings market looks minimal.  There is allocated parking and a rear garden which sets it apart from one bedroom flats in a block and would be a plus point for prospective Tenants.

Full details of the property can be found HERE.

If you are thinking of making a property purchase and would like my opinion on projected rental figures and lettings potential please feel free to EMAIL me the details or give me a call on 01489 570011.

As my readers will know I normally only post properties that I feel have good buy-to-let potential that are on the market with other agents.  This week, however, Brook Estate Agents have taken on a property with such good potential I knew I had to share it with you all.

This two bedroom house is located in Argosy Close in Warsash and has a conservatory and a garage.  Warsash is a very attractive location for prospective Tenants due to the proximity to the River Hamble and two bedroom houses with garages always have an appeal as there are not many out there.

The projected monthly rental on this type of property would be around £850 which when we look at the asking price of £229,950 would mean a decent gross yield of 4.67%.

Full details can be found HERE.

If you are thinking of investing in a buy-to-let property and would like my impartial advice on suitability, location or price please feel free to EMAIL me the property details or call me for a chat on 01489 570011.

I have spent a bit of time looking at the latest properties with buy-to-let potential to come to the market over the last few days and have come across this one.

This two bedroom house in Pennycress has just come on with Austin & Wyatt for £190,000.  In good order a house like this typically rents for around £750pcm so when you come to calculate the gross yield it comes out at 4.73%.

The marketing photos online indicate that you will have to spend a bit of money upgrading the flooring, kitchen and bathroom to fetch the maximum rent possible.  But houses in this location are popular with Tenants so letting it should be relatively easy.

For the full details CLICK HERE.

If you would like me to take a look at any properties that you are considering for buy-to-let send me a link to the property details to james.hill@brooklettings.co.uk or call me on 01489 570011.

I have just returned from some appointments and driven passed this property that has recently come to the market.

This one bedroom apartment on Botley Road in Park Gate is on the market with Walker and Waterer for £150,000.

The ‘Foxfield’ block is a very popular one for prospective Tenants due to it only being 10 years old, and this one would let for around £725pcm giving a brilliant gross yield of 5.8%. As it is a leasehold property you will need to factor in the ground rent and maintenance charges to get a true idea of your return so check this with the agent.

Properties in this block are always in high demand so you can buy with confidence knowing that it should be relatively easy to fill it quickly with Tenants.

Full details of the property can be found HERE.

If you would like me to take a look at any properties that you are considering for buy-to-let send me a link to the property details to james.hill@brooklettings.co.uk or call me on 01489 570011.

If you want to read more articles on the Locks Heath property market, whether you are a Locks Heath landlord, Locks Heath homeowner, first time landlord or a first time buyer – then visit the Locks Heath Property Blog www.thelocksheathpropertyblog.co.uk.

I have just been casting my eye over the week’s newest properties to come on to the market and this one has caught my attention.

This one bedroom ground floor flat has just come on to the market with Walker and Waterer for £137,500.  The property was converted from office space to a flat in 2015 and is finished to a high standard.

There is a Tenant in residence  who signed a twelve month fixed term tenancy agreement in December 2015 paying £665pcm.  Based on the asking price this gives a very attractive gross yield of 5.8%.

As this is a leasehold property there will be annual service and maintenance charges to take in to consideration so you should contact the Agent to double check the cost of these prior to making an offer.

If you would like my impartial advice on any potential property purchases please do not hesitate to contact me on 01489 570011 or email me HERE.

If you want to read more articles on the Locks Heath property market, whether you are a Locks Heath landlord, Locks Heath homeowner, first time Landlord or a first time buyer – then visit the Locks Heath Property Blog www.thelocksheathpropertyblog.co.uk.

I have just been looking at the latest properties to come to the market with buy-to-let potential and this one has caught my eye.

This two bedroom house in Wells Close in Whiteley has just been listed through Walker & Waterer for £217,500.  It has two double bedrooms which which will mean that it would appeal to the widest audience, and it has a modern fitted kitchen with breakfast bar which is also a plus point for Tenants.

The projected monthly rent on this type of property is around £825 which means that the expected gross yield is 4.55%.  Now, with the new Stamp Duty rates in force this will take a big chunk out of your first year’s rental income.  However modern two bedroom properties with two double bedrooms in Whiteley are always in high demand  so those with a longer plan in mind will see the appeal of the property.

Full details of the property can be viewed HERE.

I am always happy to give my impartial opinion on any potential investment purchases that you are considering.  Please feel free to contact me on 01489 570011 or email me at james.hill@brooklettings.co.uk.

Apologies for my recent lack of articles.  I have just returned after a week away with the family and spent yesterday catching up on emails.

I have been looking at the new instructions that have come to the market whilst I have been away and come across this attractive prospect in Celandine Avenue in Locks Heath.

This two bedroom house is on the market with SBK for £215,000.  The current rent for this type of property is £795pcm meaning that it offers a decent gross yield of 4.43%.

The internal condition looks great with both the bathroom and kitchen being refitted and there being new carpets throughout. It has two double bedrooms, both with fitted wardrobes, which will appeal to the mass audience.  The other big plus point is that it comes with a garage.

Full details of the property can be viewed HERE.

I am always happy to give you my impartial opinion and advice on any potential investment properties that you may be considering.  Feel free to call me for a chat on 01489 570011 or drop me a line at james.hill@brooklettings.co.uk.

To keep up to date with the local property market by subscribing to The Locks Heath Property Blog HERE.