River Meads, Stanstead Abbotts a Strong Investment.....

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Having recently let several properties in River Meads, Stanstead Abbotts we were approached by some new investors looking to Buy To Let in the area and was asked if this is still a good investment option. 

River Meads is a large development located between the River Lea and St Margarets station. It consists mainly of one & two bedroom apartments with some two bed terraced houses and is ideal for rental due to the close proximity of the station and picturesque setting.

A number of one bedroom apartments have sold in River Meads over the last 12 months with an average price of £147,500. Expect to achieve around £700 per calendar month, which would provide a very reasonable annual yield of 6.0%. The one bedroom apartments will start to increase in value over the next twelve months and so it may be prudent to buy now should one become available at the right price, even paying slightly higher than the last 12 months average should still return a good yield and with the area in strong demand from tenants the all important "Void" periods will be low. 

The apartments themselves are well built and the grounds well maintained, electric storage heaters and modern open plan living and therefore make for a great Buy -To- Let as they rent well and should be relatively easy to maintain.

If you would like to talk to us about property in this or any of the other areas we cover  please feel free to visit our office on Stanstead Abbotts High Street and we will be glad to help. 

"Your local lettings experts, our advice is free but our knowledge is priceless" 

           
I have been in and around the Hertfordshire property market for over 25 years, starting as an estate agent in the county town of Hertford and now running a successful lettings and property management company based in Stanstead Abbotts. I have let and managed property all over Hertfordshire from the area that I currently work to Wheathampstead where I owned and managed a lettings & estate agents to Watford and surrounding areas where my company acted as a marketing agent for one of the largest property management companies in the country”