Properties that capitalise on the soaring rental market
Posted March 28th 2024
If you're a landlord looking to expand their portfolio, or a buyer considering investing in the lettings market, now could be the right time to do it.
Rental prices are soaring, with an annual rent rise of 7.8% compared to last year, and demand remains strong, with an average of 15 enquiries per rental property currently on the market. The South East in particular has seen strong growth, with nearly all private rentals in the South East now in areas with average rents over £1,000 per month.
Here at Intercounty, we have a range of properties for sale with the potential for high rental yield. We’ve put together a selection of five properties that would make excellent investment properties for landlords.
This well-presented two-bedroom maisonette has a potential rental income of £1,300pcm and a 5.2% yield.
£290,000
Kingfisher Way, Bishop's Stortford, CM23
**The property is leasehold with 153 YEARS REMAINING ON THE LEASE. NO GROUND RENT OR SERVICE CHARGES**
A well-presented, two bedroom maisonette in a convenient location within walking distance of the town centre and train station. Internal accommodation comprises a good sized lounge/dining room, kitchen, two bedrooms and a bathroom. Externally there is a private rear garden and an allocated parking space.
Council Tax Band C. EPC Band C.
Lease, ground rent and maintenance details have been provided by the seller, but their accuracy cannot be guaranteed, as we may not have seen a copy of the original lease. Should you proceed with the purchase of this property, lease details must be verified by your solicitor.
View full detailsA well-presented, two bedroom maisonette in a convenient location within walking distance of the town centre and train station. Internal accommodation comprises a good sized lounge/dining room, kitchen, two bedrooms and a bathroom. Externally there is a private rear garden and an allocated parking space.
Council Tax Band C. EPC Band C.
Lease, ground rent and maintenance details have been provided by the seller, but their accuracy cannot be guaranteed, as we may not have seen a copy of the original lease. Should you proceed with the purchase of this property, lease details must be verified by your solicitor.
This one-bedroom apartment close to Harlow Mill station would have an estimated rental income of £1,000pcm and a 6% yield.
A two-bedroom, ground-floor refurbished apartment that could have a potential rental income of £1,100pcm and a 5.1% yield.
We're sorry, this property is no longer available, please view our other properties
View our propertiesThis two-bedroom home in a cul-de-sac location has an estimated rental value of £1,300pcm and a 5.7% yield.
£260,000
Willetts Field, Saffron Walden, CB10
Set in a quiet cul-de-sac, in the sought after village of Great Sampford, is this very well presented, two-bedroom, semi-detached home. The property has been greatly improved by the current owners to include a modern kitchen, refitted bathroom, landscaped garden, electric central heating boiler and more.
Internally, the accommodation comprises entrance porch, storage cupboard, living room, opening through to the refitted kitchen/diner, with breakfast bar & integrated oven & hob. There are double doors leading out to the garden. On the first floor are two bedrooms, the second with a large, fitted cupboard. The bathroom has been refitted with a modern suite and shower over the bath.
Externally, the rear garden is low maintenance, with artificial lawn, patio area and door to the garage. The single garage has an up & over door and power & light is connected. To the front is a driveway and low maintenance garden area.
The local pub is very popular for its Italian menu and is very much heart of the community. The village green also has a large children's playpark.
Council Tax Band C. EPC Rating E.
View full detailsInternally, the accommodation comprises entrance porch, storage cupboard, living room, opening through to the refitted kitchen/diner, with breakfast bar & integrated oven & hob. There are double doors leading out to the garden. On the first floor are two bedrooms, the second with a large, fitted cupboard. The bathroom has been refitted with a modern suite and shower over the bath.
Externally, the rear garden is low maintenance, with artificial lawn, patio area and door to the garage. The single garage has an up & over door and power & light is connected. To the front is a driveway and low maintenance garden area.
The local pub is very popular for its Italian menu and is very much heart of the community. The village green also has a large children's playpark.
Council Tax Band C. EPC Rating E.
If you're interested in buying, check out the other properties we have for sale, and if you're looking for specific investment property advice, talk to our dedicated Property Management team.
