Property Peek of the Week

Dorking - £192,500– Yield 4.7%

This morning when browsing through rightmove I have come across another possible gem that might just be ‘up your street!’

Its on the market at £192,500 in Dukes Ride, North Holmwood, with Patrick Gardner. A great property in a popular location, which will be a great rental... and this will give you a POSITIVE RESULT.

As ever these types of properties are always in high demand by tenants and similar properties rent out between £750-£800per month.  £775pcm will give you a yield of 4.7%

Not only will this one make a good property for your portfolio, but the capital growth will be one to watch as well. A win win!

http://www.rightmove.co.uk/property-for-sale/property-35186421.html

Should you wish to discuss any other specific properties or just a general chat re the current market, please contact me on 01306 880 442

PERREN'S PROPERTY - PEEK OF THE WEEK 

Are you a  ‘Top Dog’ Landlord?

We all love our pets, but why don’t landlords like renting to people with pets. As a result, there’s a huge group of potential tenants who- due to the existence of a furry, fluffy, friend – struggle to find a good rental property.

Renting to a tenant with pets “can” lead to more wear and tear, yet following my three simple steps you can reduce that risk and have tenants queuing up to rent from you.

1. Take a larger deposit than normal, so that if the dog really does scratch the sofa (and everything else) to bits, you’ll be protected financially.

2. Interview the pet. Well… check the pet out when meeting your potential tenant for the first time at least. You’ll be able to make a better informed decision and if its bite is clearly worse than it’s bark you can decide whether or not to wait for another tenant.

3. Have a FULL professional clean. When I say full I mean full, include every nook and cranny. Windows, carpets, oven, kitchen units (inside and out), skirting boards, behind radiators… the list goes on. Make sure you use a reputable professional cleaning company who provides you with a receipt. Do not do the clean 2 weeks prior to the commencement of tenancy but a day or two before the tenancy is due start. The tenants must leave the property as they found it and if the clean was done 2,3,4 weeks prior, there will be dust again!

Be kind to canines- and tenants will think you’re top dog!

Meet Lana, the office lettings dog! 

PERREN'S PROPERTY - PEEK OF THE WEEK

When dealing with your biggest asset even the sanest people become unhinged.  This week I have chosen an article from the financial times, which I hope you will all enjoy. 

The article also applies to lettings. You may think that lettings can be done easily and privately cutting out the middleman. But with many new regulations constantly being introduced, choosing a trustworthy reputable agent can be worth its weight in gold.  

Should you wish to discuss any specific properties or would just like a general chat, please contact me on 01306 880 442

 

PERREN'S PROPERTY - PEEK OF THE WEEK 

Dorking - £190,000 – Yield 4.8% 

As the summer is almost here you will notice that more properties have come onto the market and this is an ideal time to look for your buy to let investment.  Last week we looked at finding an investment and this week I have found you an ideal buy to let investment property. 

So here is some more sunshine to kick start your weekend - a Dorking property that has the stability of a tenant already in place for another year. 

As ever these types of properties are in high demand on the rental market- close to the town, local amenities and with one parking space - this is a real gem.

The property itself is in good condition with double-glazing and a recently renovated kitchen and bathroom this property has some great features. 

The current rental being achieved is £775pcm, which at the asking price of £190,000 would give you a yield of 4.8% 

Check it out at the following link and give the agent a call:

http://www.rightmove.co.uk/property-for-sale/property-33267405.html

Should you wish to discuss any other specific properties or would just like a general chat, please contact me on 01306 880 442