Monday, 26 January 2015

Check out this little beauty in Leigh on sea!





http://www.zoopla.co.uk/for-sale/details/34033894?


Calling all potential landlords!! Not sure what to buy? try this one on for size!

A lovely little 2 bedroom house in Bramble road Leigh on sea. This area is  popular with families due to the schooling, so to buy an investment property in this area, should be a good bet right?

This house is on the market with Bairstow eves for £200,000. It maybe could benefit from a freshen up in the paint department and maybe a couple of new carpets, but nothing too drastic. Once brought back up to standard, you could be looking at a rental amount of £850 pcm. Based on these figures, you are going to be looking at a potential return of 5.1%. 


These little properties are selling like hot cakes at the moment, so don't hang around, call Bairstow eves  sooner, rather than later!

Monday, 19 January 2015

St. Lawrence Gardens, Leigh-On-Sea, - Ideal buy to Let


Abbotts, the Estate Agents, have just put this nice 2 bedroom flat on the market for a very reasonable offers over £150,000

Here is the link   http://www.zoopla.co.uk/for-sale/details/35609517?
.. its nice inside.

Will rent well at £750 per month great yield of 6% 


and sells well ... don't hang about .. I think it wont be long before it goes


Thursday, 15 January 2015

Leigh on sea - 2 bedroom First floor flat circa yielding 6%

This is one to watch - Lovely Converted flat


Today, I have noticed this great potential rental investment property in the very popular area of Leigh on sea
What we have here is the first floor giving lots of square footage for your money. Asking a very reasonable £270,000 (Ashley stone), this two bed apartment will let for £850 per month ..giving a yield of 4.1 %. You would need to check but I bet the service charge is next to nothing on it!



Thursday, 1 January 2015

A new property portal is coming... OnTheMarket.com


On Monday 26 January 2015, a new property portal - OnTheMarket.com – is launched. The arrival of this brand new portal is a very exciting development for the property market.

The portal is run by Agents’ Mutual, which is made of a membership of over 2,000 property agency firms, amounting to 4,000 offices. It is envisaged that the membership will grow significantly once the portal goes live. The motivation of the portal is to deliver the best user experience for prospective tenants, with results produced clearly and in an uncluttered way with no pop-ups or third party advertising as is found on the other major portals.

To give the portal a chance of establishing a meaningful presence, each member agent will only be allowed to display properties on one other major portal. As such, Castle estate agents undertook a detailed investigation into its own property portal data, looking at numbers of phone calls and email enquiries generated from both Rightmove and Zoopla. Further analysis into the quality of leads, as well as the conversion of leads received to successful lets was also looked at in detail.

In conclusion, we decided that that the best portal for Castle estate agents to appear on, as well as OnTheMarket.com, would be Rightmove. Rightmove not only delivers more enquiries to Castle estate agents, but the quality of those enquiries are, in our opinion, higher than those received from Zoopla.

Rightmove is, in our opinion, the market leader, ranked 8th in the list of the most viewed websites in the UK, well ahead of Zoopla at 35th. Google has announced that it is the most searched for business in the UK, thus adding further evidence that Rightmove is the right choice.

We believe the combination of our own website, www.castleestateagentsltd.co.uk, together with OnTheMarket.com, the new entrant with all the publicity that will ensue, as well as Rightmove, the most established and dominant portal in the market, will give our clients properties unrivalled exposure in respect of online marketing.

From 26th January 2015, properties being marketed by Castle estate agents will no longer appear on Zoopla.

At Castle estate agents, we firmly believe that this is an exciting time for the property market and we believe OnTheMarket.com will be of long-term benefit for all those with an interest in renting property in our local area.

If you have any questions regarding the above, please feel free to contact me.

Monday, 22 December 2014

Be Quick THIS will sell FAST!!



Today, I noticed this property in Bellhouse road, Leigh on sea. and it really did get my attention

The 3 bedroom end of terrace property is on the market with home and looks like it is in need of some TLC but still it makes a great investment even in this condition.  The kitchen in particular will need attention straight away, along with a good redecoration throughout



This got me doing my sums and at  £159,950 it might not fall into traditional buy-to-let price ranges, but a property like this could achieve at least £950 per month.  This generates a yield of 6.3 % and even with all the work needed its makes a very attractive investment.





Have a look for yourself and see what you think:

http://www.rightmove.co.uk/property-for-sale/property-47549014.html?premiumA=true










Friday, 28 November 2014

Very Good 6.35% yield in Leigh on Sea


Here is today's best Buy To Let deal in Leigh on sea. 

 Blackshaw homes have this two bedroom bungalow for sale at Offers over £170,000.


She will rent with your eyes closed for £900 per month, giving a yield of 6.35 % if you buy her at the bottom end of the scale.


Contact Blackshaw homes for more details .. Zoopla link here .. 

http://www.zoopla.co.uk/for-sale/details/35226154?



Thursday, 27 November 2014

1 Bedroom flat for sale Guide price £100,000 – Bargain city!!


Whilst browsing one of my favorite portals for some favorable Leigh on sea property investments I came across this 1 bed flat set in Leigh road being marketed Lawrence Anthony for a steal at £100,000.




It may not seem quite as attractive as some of the newly build 1 bed flats that are more centrally located but bear in mind the newer 1 bed flats are selling for almost £20,000 more than this!


There are 3 flats in the local area on the market for rent at the moment - the more expensive of the one @ £695 & £675 per month.

But let's be conservative and assume you can achieve a rent of £650 per month.  That would get you a very respectable 7.66 % yield.

If you install an inexpensive but better looking kitchen you could achieve the top-end in rent.

The length of lease is OK but if you are considering this a long term investment you might want to budget for extending that lease at some point.  Remember then sooner you do this the less it costs.
This could be a great way to dip your toe into the buy to let market in Leigh on sea at an entry level cost for an excellent yield. 

Check out the link below and let me no what you think too.

We regularly help both novice and experienced investors consider their investment opportunities so why not give us a call on 01702 477754.  A conversation with me won’t cost you anything and if you take just one useful piece of information away then it will be worth it.  Of course I'll do my best to give you more than one!