Well, after dear old Storm Katie putting paid to a nice quiet return to work today I have finally managed to find some time in between fence repair calls to have a look at new instructions.

The Strawberry Fields development in Locks Heath is in full swing and this one bedroom apartment has just caught my eye.

This particular property is a ground floor one bedroom apartment on the market with Taylor Wimpey for £163,000.  From the brochure and artist’s impressions the properties are very attractive and have lovely looking interiors which would have great appeal.  Tenants do love a nice modern property and would be prepared to pay slightly higher rent in order to live in such accommodation.  A projected rental figure of £725 should therefore be achievable and provide an attractive gross yield of 5.34%.

There will be ground rent and maintenance charges to pay so care should be taken to get this information and factor it in to your calculation to ensure that this does not eat too much in to your yield.

Full details can be found HERE.

If you would like my advice on any buy-to-let properties please contact me on 01489 570011 or send me the details to james.hill@brooklettings.co.uk.

I have just been looking at available properties online that have good buy-to-let potential and have seen this one.

This two bedroom house is on the market at £235,000 with Leaders.  It is located in Badgers Copse in Park Gate which is one of the most popular roads in the area for Tenants. They are nice, modern houses with two double bedrooms so you should never struggle with void periods.

The house is being sold with a Tenant in residence paying £760pcm which is under the current market value.  This only gives you a 3.88% gross yield back.  But it would be worth some further investigation with the agent as to the length of the current tenancy.  If you have the long term in mind you should be achieving a monthly rent of £875pcm which would give a much healthier return of 4.47% (gross).

Full details of the property can be found HERE.

If you are thinking of making an investment property purchase and would like some advice on the prospective monthly rent please feel free to call me on 01489 570011 or send me the details to james.hill@brooklettings.co.uk.

Before I head out to take advantage of this Monday morning sunshine and refresh our marketing photos I have just been looking at this week’s new instructions and come across this decent three bedroom house in Lower Swanwick Road.

This one has just come on to the market with Austin & Wyatt for £245,000 and is in a popular spot close to Swanwick marina within easy reach of the motorway.  It looks to be in fairly good order and has a newly fitted bathroom which is always a plus point for potential Tenants.

Based on a monthly rent of £925 which should be achievable it would provide a nice healthy 4.53% gross yield at asking price.

Full details of the property can be found HERE.

If you would like to discuss any potential purchases please get in touch on 01489 570011 or james.hill@brooklettings.co.uk.

After a busy day yesterday ensuring that the boss had a relaxing Mothers Day I have been enjoying the comparable peace and tranquility of boiler breakdowns this morning.

I have just been checking out the latest properties that have come to the market which have buy to let potential and come across this one.

This is a two bedroom first floor apartment in Bastins Close in Park Gate on the market with Your Move.  It has two double bedrooms and an en-suite shower room to the master. It’s size appeals to the mass audience and would therefore suit singles, couples or sharers and is within walking distance of the local shops in Park Gate.  There is allocated parking with the apartment but it is also a short walk away from Swanwick Railway Station making it great for commuters.

These apartments let very well and achieve good rents of around £750pcm meaning that the gross yield on this property is a very good 5.45%.  The Agent doesn’t detail the ground rent or maintenance charges online so some further investigation is required in order to check how much this will eat into the yield.

Here are the full details…

http://www.rightmove.co.uk/property-for-sale/property-58130657.html

If you are a Landlord or thinking of becoming one and would like some advice on what to buy and where or potential rental values please feel free to get in touch on 01489 570011 or EMAIL ME.

After a busy weekend with the family I have been taking a look at recent instructions this morning and come across this great investment property in Warsash.

This one bedroom apartment is being marketed by Beal’s in Park Gate for £149,995 and the great thing about it is that there is already a Tenant in situ.  So no stressing over how quickly you can fill it and none of the up-front costs associated with finding a Tenant.

This block is located off Shore Road in Warsash which is a really popular location, especially with Spring just around the corner, due to the proximity to the River Hamble.

The current Tenant is paying £600pcm which means that at asking price this would provide a decent gross yield of £4.8%.  The Agent does not detail the ground rent and maintenance charges online so you would need to carry out further investigation to find out how much this is going to eat in to your yield.

If you are thinking of investing or are currently a Landlord and would like some impartial buy-to-let advice feel free to contact me on 01489 570011 or at james.hill@brooklettings.co.uk.

I have been out this morning enjoying the beautiful sunshine on the Costa Del Locks Heath and drove past this property that has just come on to the market with Chimneypots. It is listed for (offers in excess of) £190,000 and has the benefit of being ground floor and having a south facing garden.

The property should let at around £725 per calendar month and with only minimal peppercorn rent to pay (no management company or monthly service charge) this gives an attractive gross yield of 4.58%.  The maisonette has been upgraded internally and has a lovely modern kitchen and bathroom so there should not be much to do to present it to the lettings market.  Tenants do love a modern kitchen and bathroom so I would expect this one to let in a matter of days.

Full details of the property can be found HERE.

Good morning investors.  I was just having a look at the latest properties to come on to the market for sale that have buy-to-let potential and came across this flat in Locks Heath.

This two bedroom first floor property in Celandine Avenue is being marketed by Mann, Locks Heath for (offers over) £155,000.  It looks to be in great condition internally with the bathroom and kitchen having been modernised already so there would not be a lot for any potential buyer to do to prepare it for the lettings market.

The projected monthly rental income on this property is around the £675-695 mark. The monthly charges are £80 including maintenance and ground rent.  So even going with the lower rental figure of £675 this would provide you with a nice yield of 4.6% on your investment.

The full details of the property can be found HERE.

If you are looking for some free advice on buy-to-let properties feel free to give me a call on 01489 570011 or drop me a line at james.hill@brooklettings.co.uk.

Whilst dodging torrential downpours today I found some time to check out the latest new instructions suitable for buy-to-let and this one looks like a real ray of sunshine on this rainy day.

This two bedroom mid-terrace house has just come on to the market with Austin & Wyatt in Park Gate for £195,000 and is in a popular area of Locks Heath.  The internal condition looks good from the photos online and it has a nice modern kitchen so there looks to be minimal money to spend in order to get the property ‘Tenant ready’.

A property like this with one double and one single bedroom are in short supply so finding a Tenant should be straight forward and would let for around £795 per calendar month giving a really attractive yield of 4.89%.

The full details of the property can be found HERE.

If you are thinking of investing in property and would like to chat please contact me on 01489 570011 or drop me a line at james.hill@brooklettings.co.uk.

Happy New Year to you all!

I hope that your new year’s resolutions involve investing in some buy-to-let property!

I was just checking what new instructions there have been since Christmas and came across this flat in Whiteley.

This two bedroom first floor flat has just gone on the market with Alexander Keen Estate Agents for £169,950.  It has two parking spaces and gas central heating which are big plus points for potential Tenants, and with the shops and restaurants in Whiteley just a short distance away this property would have good appeal.

There are no internal photos online so I cannot comment on the condition of the property so airing on the side of caution a rental income of £725 per calendar month should be achievable.  The management charges and ground rent is estimated by the Agent at £1,075 annually.  Even taking this into account a quick calculation reveals a decent yield of 4.49%.

Full details of the property can be found HERE.

If you are thinking of investing in a buy-to-let property in 2016 I am always available to give you my unbiased view on any potential purchase.  Feel free to get in contact on 01489 570011 or at james.hill@brooklettings.co.uk.

I have just been casting my eye over the last week’s properties listed for sale to see which had buy-to-let potential and thought that this one looked to be a great opportunity.

This modern top floor two bedroom apartment is being marketed by Hampton Ivens for £175,000 and is likely to achieve £750 per calendar month in rent.  This gives an attractive gross yield of 5.14%.

Hampton Ivens believe that the owner owns a share of the freehold which should keep any annual charges low.  However details of the charges should be confirmed with the Agent and factored in to your yield calculation to get a true reflection of your return.

This is a lovely block where properties rarely stay empty for long.  The apartments attract good quality professional Tenants.  Taking all this into consideration this property looks a good investment.

Full details can be found here:  http://www.rightmove.co.uk/property-for-sale/property-52292389.html

If you would like any advice on buy-to-let properties please get in touch on 01489 570011 or james.hill@brooklettings.co.uk.