Tag: family home

25th August 2015

3 bedroom house, Tilgate, Crawley

From the outside, here’s a nice looking house that first came on to the market in early July (see our 1st July 2015 blog entry). Well, it’s now come down in price from £285 000 to £277 000 – bit of an odd price, but there you go ! The property is on the market with estate agents House Network Ltd..

As the market is still reasonably quiet at the moment there may be scope to drive the price down a bit further, particularly given the fact that it would be wise to tone down some of the internal room colours.

Here’s the link Rightmove link to see further details http://www.rightmove.co.uk/property-for-sale/property-35271762.html?premiumA=true

Properties like this mostly appeal to families and, in our opinion, represent a good solid long term investment. With rents pushing at the seams due to reduced supply, you should achieve a rent of £1200 to £1250 pcm, giving a maximum gross annual yield of between 5.2% to 5.4%. Of course, if you could get a bit more off the asking price, so much the better !

Tilgate 25-8-15

If you’re looking for property investments in and around Crawley and would like some independent advice on something you have your eye on, why not give us call before you part with any money. We don’t charge for our opinion. Feel free to give me a call on 01293 515588 or drop us an e-mail to crawley@northwooduk.com .

20th August 2015

3 bedroom house, Furnace Green, Crawley

Here’s a 3 bed house in Walesbeach Close, Furnace Green, Crawley, which came on to the market yesterday. The property is being marketing by Moore & Partners at £270000, and has the added advantage of a garage en-bloc. Here’s the Rightmove link http://www.rightmove.co.uk/property-for-sale/property-51294535.html?premiumA=trueWalesbech Furnace Green

The agent states that the house has 3 double bedrooms and there is a 4 piece bathroom suite including shower cubicle.

A property like this appeals to families and can achieve a rent of £1150 to £1200 pcm, giving a gross rental yield of between 5.1% & 5.3%

If you’re looking for property investments in and around Crawley and would like some independent advice on something you have your eye on, why not give us call before you part with any money. We don’t charge for our opinion! Feel free to give us a call on 01293 515588 or drop us an e-mail to crawley@northwooduk.com          .

19th August 2015

3 bedroom house, Southgate, Crawley

A very well presented 3 bedroom terraced house in Southgate, Crawley. The property is just on the market at £280 000 with Move Revolution, Rightmove link: http://www.rightmove.co.uk/property-for-sale/property-51286693.html#Southgate

From an investment point of view this type of property will probably appeal to a family rather than sharers or younger professional couples. Consequently in the long run you may find longer average tenancies. It’s also handy for the No.10 Fastway bus service to Gatwick airport or Manor Royal.

All things being equal, we would expect to achieve between £1150 & £1250 pcm in rent for this type of property, giving a gross yield of between 4.9% & 5.4%

If you’re looking for property investments in and around Crawley and would like some independent advice on something you have your eye on, why not give us call before you part with any money. Feel free to give us a call on 01293 515588 or e-mail crawley@northwooduk.com .

1st July 2015

3 bedroom house, Ifield, Crawley

If you’re looking to invest in a family home you may well end up with less turnover of tenants. Families tend to stay for longer on average once children get settled in to schools etc…

Here’s the type of property you may want to consider in Mendip Close, Ifield, Crawley. On the market at £265000 with Cubitt & West, we would expect the property to let for £1150 to £1200 pcm. This give a gross annual yield of between 5.2% and 5.4%

Mendip Cl 1-7-15Here’s the Rightmove link:https://www.rightmove.co.uk/rmplus/property/showPropertyMcr.action?propertyId=50682322#

If you would like any advice on where or where not to buy for investment in the Crawley area, or want the lowdown on a property you have your eye on with another agent, feel free to give us a call on 01293 515588 or e-mail us a crawley@northwooduk.com .