Deal of The Day, Hoddsedon

www.propertyfile.co

Superb Buy To Let opportunity in the heart of the town centre. This One double bedroom, top floor apartment has been finished to the highest standard with luxury fitted Kitchen and designer bathroom.

The location is great with only a few steps gets you into the High street and is only several minutes walk from the main line train station into the city.

Expect to achieve a rental of £900 per calendar month which will produce a good "Yield" of 5.5% and with the desirability of of the location for your incoming tenants the "Void" periods are exceptionally low.

If you are looking to invest in a Buy to Let give us a call and we will give you the best possible advice.

One Double Bedroom, Luxury Apartment, Hoddesdon £194,995

Your local property 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” 

  

Deal of The Day - Buy To Let in Hoddesdon!

www.propertyfile.co

Excellent opportunity to purchase this great Buy To Let. On the market at £182,995. It is in a great location with easy access to Hoddesdon town centre, Rail links into the city and good commuter roads nearby.

The apartment currently rents at £875 per calendar month which will produce a "yield" of just under 6% and with the location, accommodation and condition taken into consideration the all important "Void" periods will be very low.

If you would like any further information about this or any other properties that you may be considering for Buy To Let purposes please feel free to give us a call. 

Two Bedroom, Two Bathroom, Apartment £182,995

           Your local property 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” 

Why You Should Consider Buy To Let in Hoddesdon

www.propertyfile.co

One of our recent articles, when we spoke about the difference between Hertford and Ware property markets, produced a number inquiries and a couple of people came into our offices for a chat about investing locally in buy to let and in particular the town of Hoddesdon. 

With many people in our part of Hertfordshire now looking to the Buy To Let market as a means of medium to long term investment, which is fueled by poor interest rates on building society savings and pension fund returns struggling to match expectations, this is turning more and more people into "Landlords" to secure their future. 

So what can you expect from your rental property investment?  In the short term, rental yields are important, and in Hoddesdon the average annual yield is in the order of over 5% In the long term though, the question of capital growth is as, if not more, important. 

Average property values in Hoddesdon currently stand at £299,735 and have risen by nearly 9% in the last 12 months. As property investment should be considered a medium to long term plan I wanted to share with you the recent research I did for a couple of our existing Hoddesdon landlords. 

Go back 5 years to 2010, the average value of a property in Hoddesdon was £239,517 and therefore there has been a healthy increase of over 25% to the current value of £299,735. However, when we looked at a similar 5 year period with other forms of investment the results are even more impressive. For example, If you had put £239,517 into the stock market in 2010, instead of buying a house in Hoddesdon, your shares today would be worth £271,612. If you had put the same £239,517 in a Building Society account and you reinvested the interest back into the account year on year your Building Society passbook would have £264,446. Compare that with the property market in Hoddesdon and the investment would already be worth more, better than the Stock Market and much better than the Building Society account. But these better returns are only half the story because with the rental property in Hoddesdon you would have received in nearly £60,000 in rent over that 5 year term as well as the capital growth achieved.

All in all this makes for sound investment advice and proves once again that the local property market is the right place to put your money. 

If you are considering investing in the local property market, either for the first time or to increase your existing portfolio, why not get in touch with us or drop into our office in Stanstead Abbotts High Street and we will be glad to help and give you some free advice.    

  
        Your local property 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”