River Meads, Ready to Rent!

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Here is a lovely example of a two bedroom apartment on the market in River Meads, Stanstead Abbotts. Very well presented so no need to spend any large amounts of money to get it ready to let. Expect to achieve a rental of around £850 to £900 per calendar month.

Click on the link below to see the full specification and if you would like any more unbiased advice please feel free to get in touch.

2 Bedroom Apartment, River Meads, Stanstead Abbotts - £189,995 

"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”

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

www.propertyfile.co

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”

Ready to Rent, fully Furnished, Low Voids

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Just come onto the market this ready to rent, 1 bedroom apartment in a prime location. Vendor will sell fully furnished so nothing to do just get a tenant. Expect a rental of £700 pcm.   

                           

1 Bed Apartment, River Meads, £150,995 

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”

Quick renting property, good location and 5% Yield

www.propertyfile.co 


Here is a nice property for "Buy To Let".  Located in Wheatsheaf Drive Ware, on a housing development off of Westmill Road, is a first floor maisonette with allocated parking. Well presented so no need to spend any large amounts of money to bring up to standard. 

This area always rents well with easy access to Ware town centre and not far to travel to the train station. You should expect achieve a monthly rental of between £700 and £750 per calendar month and so the Yield will be at least 5% and with the added benefit of relatively low maintenance charges its a good deal.

If you are looking to invest in the property market and need a bit of advice drop into our High Street office in Stanstead Abbotts and we will be glad to help.

   

Click the link below to see the full details!

1 Bedroom Maisonette, Ware, £139,995

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”

Parrotts Field in Hoddesdon a Good start in Buy To Let

www.propertyfile.co

With many more people now looking to invest in the Buy to Let market we are often asked where is a good place to purchase their first investment property locally. This question arose recently when a new client came into our offices. The client was looking at Hoddesdon as an area to invest and wanted some advice.

Looking at the local market as a whole, Parrotts Field in Hoddesdon is a great first time purchase for Buy to Let, the properties always rent well in this location and the purchase prices are very good value for money with Studio apartments having been selling for between £103,000 to £115,000 over the last 12 months. Couple that with a rental income of between £525 and £600 per calendar month and you will get a good return.

The properties themselves are generally well built but most importantly of all is the location. Positioned within a stones throw of the Town Centre with its new Morrisons supermarket and easy walking distance to the Main line station Parrotts Field makes an ideal place for tenants looking to rent.

Having delved a little deeper into the statistics of this area it also became apparent that the capital growth has not been bad either with property sold prices increasing by an average of  5% over the last 2 years.  

   

"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”

 

Ideal Buy to Let, No work required, 5% Yield

www.propertyfile.co

Here is an opportunity to purchase an ideal first time "Buy to Let" investment. We've just rented one very similar to this in the same development at £575 pcm but this one could achieve up to £600 pcm. Its been refurbished already so no need to do any work and is very well presented so should rent quickly.

Click the link below to see the full details!

Studio Apartment, Lygean Avenue, Ware £119,995

"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”

The Right Time to Invest

www.propertyfile.co

Just looking through my emails and came across this article that states that levels of tenant demand in the private rented sector (PRS) are at a record high, according to new research.

The latest report from Sequence claims the average monthly rent has increased by four per cent over the past 12 months, with the growing number of people looking to rent a major factor in this.

Stephen Nation, head of lettings for Sequence, stated: "Demand to rent across the UK has reached record highs, with six prospective tenants competing for every available rental property.

"This has caused rents to rise four per cent annually and now accounts for more than a third of the average UK salary."

According to Property Reporter, the lettings expert said the number of buy-to-let mortgages is now at the highest level in 2014 so far and increased 14 per cent year on year in June and 12 per cent since May.

"Change to pension annuities has also encouraged more investors to look to property for their pension pot as house prices and rents continue to rise," Mr Nation stated.

Locally we are finding that tenant demand is very high, particularly with two and three bedroom properties very much in demand and yet there is far less new rental stock becoming available. Therefore this is a perfect time to invest in property.

With average yields locally between 5% & 6% the return on investment is still a lot better than having your money just sitting in the bank and with the right direction you could get it working a lot better for you.

So if you are considering investing in property for the first time or perhaps expanding your portfolio, feel free to give us a call or pop into our High St office, 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”