Author: Theo Perkin

first floor apartment makes for a great buy to let

Buy to let opportunity on the Levenshulme/Reddish border with a guide price of £109,995.

The one bedroom apartment benefits from a driveway as well as front and back gardens making it rather unique, a rental valuation has been given of £575 pcm which would provide a yield of 6.3% if purchased for the guide price.

Take a look at the advert here & give the office a call on 0161 474 8660 if you would like to arrange a viewing.

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TENANT FEES ACT

The long-awaited Tenant Fees Act will be introduced across England on 1st June 2019. This week the government has released a guidance note for those in the industry.

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good investment in a popular location

A two bedroom semi detached property came to the market yesterday with a guide price of £160,000. Its been well maintained to a modern standard and benefits from a double driveway and a spacious back garden.

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buy to let investment with tenant in situ

If you’re looking for a buy to let investment with an instant return then you should look at this two bedroom mid terrace property in Offerton with a guide price of £119,950.

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RENTAL BABIES

  • Nearly half (49.2%) of all babies were born into rented homes in 2016/17, according to a new report by Royal London, up from just one in three in 2003/04.
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Zero Application Fee

Ahead of the 1st of June when the Government introduce zero application fees for tenants you will be pleased to know any tenants looking to rent through Julian Wadden from today the 1st April 2019 you will pay no application fee!

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ideal buy to let in a great location

A two bedroom mid terrace launched to the market earlier this week with a guide price of £125,000. Located in Cale Green in-between Stockport & Davenport train station this property would be in a perfect location for prospective tenants.

I’ve linked the Rightmove advert here so you can take a look at the full advert. According to the description the property has cellars below which is always a plus as its useful storage for tenants but also offers the opportunity to add value to the property by turning it into a usable space (if it isn’t already)

I would give a rental valuation of £700 pcm which would give you a rental yield of 6.72% if purchased for the guide price of £125,000 which is great. Give me a call on; 0161 474 8668 if you’d like to discuss buy to let opportunities further.

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ONE IN TWELVE LANDLORDS UNAWARE OF LEGISLATIVE CHANGES

  • One in twelve landlords is unaware of a suite of legislative changes that occurred across the lettings industry in recent years, according to the findings of the English Private Landlord Survey 2018 published in January.
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low maintenance buy to let

Spencer Harvey listed a two bedroom, ground floor apartment to the market on Tuesday with a guide price of £115,000. This would make a perfect buy to let and even benefits from a private garden.

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commonly asked questions by landlords

With an ever changing industry and ever changing trends there are always going to be questions for your letting agent, i have highlighted some of the more frequent ones in this article.

One of the most common questions I get asked by Landlords is whether they should offer there property as fully or part furnished. My Answer to this question changes depending on the property style & location.

If we were referring to a one bedroom apartment in the heart of Stockport Exchange i may lean towards a furnished option, The type of tenants attracted to this style of property is likely to be a young professional who perhaps hasn’t rented before, having a furnished property would mean lower out goings initially and perhaps a quicker let.

If it were a three bedroom semi i would tend to advise to go for an unfurnished property as you are likely going to attract a small family who have lived privately elsewhere prior to there next let. They have likely accumulated furniture over this period and in most cases would like to bring this furniture with them.

Each let is different and each landlord has a different approach, if you’d like further advice on anything buy to let related call me on; 0161 474 8668.

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