Supply continues to outstrip demand in the private rental sector and with the current stamp duty holiday reducing the potential SDLT bill for landlords and interest rates and an all time low it’s no surprise that we have seen our investor buyer registration on the rise.
Our Lettings team have highlighted these properties on the market with us as sound investments.
8 The Mill, Newton Abbot – £150,000 – £750 pcm – 6% yield
The Mill is perfectly situated within short walking distance to Newton Abbot town centre and the train station for commuting tenants.
20 Kiniver Court, Teignmouth – £235,000 – £825 pcm – 4.21% yield
This property offers tenants the perfect combination of a modern property with the bonus of a garage and a garden.
49 Templer Place, Bovey Tracey – £285,000 – £1,100 pcm – 4.63% yield
This property has been well configured to suit tenants requirements, with additional living space to allow for home working with the addition of a garage and countryside walks close by, the perfect lockdown property!