Country Properties in Baldock are asking for £169,950 for this one bedroom maisonette. This is a great option as it has been re-furbished and offers modern contemporary accommodation for any tenant to just move their furniture in. With a rental yield of around 4.2%, and while interest rates are so low this is a property you need to talk to Country Properties about before it goes.
Our Satchells sales team in Baldock have just began advertising this great four bedroom house at a price of £325,000. These types of property, on a very popular development within walking distance of the town and station, let very well and should achieve a rental income of around £13,800 p.a.
Our Satchells sales team in Baldock have just put this one bedroom cluster home on a popular development on the market at £185,000. An estimated rental income would be in the region of £695pcm, making a great yield of 4.5%.
Good afternoon. There’s a lot of focus on the Lettings industry at the moment and the article below, I thought was quite an interesting read:
A new survey suggests that a letting agent saves a landlord an estimated £1,910 a year.
The result of an investigation into 500 landlords by insurance firm Endsleigh suggests that there are widespread misconceptions among landlords about the value for money offered by letting agents.
Of those landlords suggesting that they could save money by not using agents, the average sum ‘saved’ on fees was £159 per month.
However, comparative analysis of the rental income and void periods for those landlords with, and those without, agents suggested that in fact agents saved their clients an average of almost £2,000 each.
Most of the savings for landlords are created by agents minimising void periods when compared to landlords who go it alone marketing their property.
Some 76 per cent of respondents to the survey reported that their agent helped them pro-actively find tenants, as well as providing other services such as help with legal and financial matters and so contributing to a reduction in overall costs.
The survey suggests that relationships between letting agents and landlords are not about financial benefits alone.
Of those landlords who use an agent, 50 per cent were most attracted because of their local knowledge, and more than two in five claim that excellent service is a deciding factor.
Some 41 per cent feel the main benefit of working with an agent is that it provides peace of mind, and 25 per cent say they communicate with their letting agent on a weekly basis.