Welling Investment Property of the Week - 26th June

Marketing Price - Offers in Excess of £250,000

Expected Rental - Circa £1100pcm

Rental Yield - 5.3% per annum

The northern side of Welling up towards Lodge Hill and Bostall Heath has traditionally been a lot more affordable that the south side of Welling near the park, and in and around the High Street. 

Of course, with Crossrail coming in 2018 to Woolwich and Abbey Wood, suddenly the north side of town might be worthy of closer inspection if you are considering a money making investment. 

Step forward this property, a two bedroom flat on Hadlow Road, DA16.

Spacious and not in need of any work prior to renting

To maximise your rental investment in is crucial you have two double bedrooms to ensure you can appeal to all demographics, ideally, two sharers. 

Given that this property needs no internal work prior to renting, and will be within sensible walking distance of the new Crossrail extension opening in 2018 in Abbey Wood, you would expect that its popularity over time will only increase, and that in term brings greater rental demand and therefore income, as well as a jump in its sales value if you want to re-finance in the future, or sell in the medium term. 

In short, whilst traditionally less desirable, the north side of Welling has a lot of changes likely to come in the near future, so looking for bargains in that area where there might be less competition from other potential investors is well worth considering. 

Speak to Harpers in Bexley about this one, the Rightmove advert can be found here ... http://www.rightmove.co.uk/property-for-sale/property-60539305.html

If you are looking for an agent that is well established, professional and communicative, then contact us to find out how we can get the best out of your investment property.

Email me on kevin@dansonpropertyservices.com or call on 020 3397 4499. If you are in the area, feel free to pop into the office – we are based on 116 High Street, Welling, Kent, DA16 1TJ.

Don’t forget to visit the links below to view back dated deals and Welling Property News.

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Welling Investment Property of the Week - 12th June

Marketing Price - Guide Price £90,000

Expected Rental - £840pcm

Rental Yield - Potentially as much as 9%

Spotting a bargain at auction has become more difficult with the invention of the internet, but I do get regular emails and reports from the auction houses showing what has sold, and crucially what hasn't, and you can often spot a deal. 

Small, but perfectly formed, and worth over 9% per annum

Small but perfectly formed, whilst this Victorian conversion looks tiny from the floorplan, it is only 200 yards from New Eltham train station, and is already let out at £10,080 per annum (£840pcm). 

You wouldn't need to go looking for tenants, or pay an agent to find them, and whilst the auction's reserve price is not listed, with a guide price of £90,000 its obvious £110,000-£120,000 would be enough to secure the property, offering you an immediate return of around 9% per annum. 

Whilst small, and who knows what condition it is in, if its 200 yards from a busy commuter station like New Eltham, the prospect of a permanent 9% income is as near a guarantee as you'll ever get. 

It's well worth speaking to Auction House London for more information. 

If you are looking for an agent that is well established, professional and communicative, then contact us to find out how we can get the best out of your investment property.

Email me on kevin@dansonpropertyservices.com or call on 020 3397 4499. If you are in the area, feel free to pop into the office – we are based on 116 High Street, Welling, Kent, DA16 1TJ.

Don’t forget to visit the links below to view back dated deals and Welling Property News.

Follow The Buy-To-Let Property Investment Market in Welling

Welling Property Market LinkedIn Page

Danson Property Services Welling Facebook Page

Danson Property Services Welling Twitter Page

Welling Investment Property Specialist Danson Property Services Website

Find out how much is your Welling home worth. Click here for your FREE Instant Online Valuation

Welling Investment Property of the Week - 6th June

Marketing Price - £200,000

Expected Rental - £950pcm (once works completed)

Rental Yield at Asking Price - 5.7%

Like last week, the stigma of ex-Council style properties really should be avoided if you want to maximise the potential to make money from your property investments in Welling. 

Sharnbrooke Close isn't the most attractive building in the world, but this spacious one bedroom with considerable outside space, is a must visit if you are looking to make money. 

Sharnbrooke Close, DA16

You don't get a lot for under 200k in Welling, and when you do, you should be buying it. This has fantastic potential to renovate and improve throughout. It's a good size for a one bedroom, and with a very large private terrace to the front with a lovely view over the cricket and football ground, its perfect for a young couple. 

A sensible offer below 200k, with some money spent on renovations, will generate an immediate profit on the property value side of things. The most recent sale in the block was at £230,000 and I don't think it'd cost anywhere near £30,000 to turn this into a modern flat well worth a rental income of 950pcm. 

Speak to the selling agent via this link ... http://www.rightmove.co.uk/property-for-sale/property-60213979.html?utm_content=v2-ealertspropertyimage&utm_medium=email&utm_source=emailupdates&utm_campaign=emailupdatesinstant&utm_term=buying&sc_id=22040925&onetime_FromEmail=true

If you are looking for an agent that is well established, professional and communicative, then contact us to find out how we can get the best out of your investment property.

Email me on kevin@dansonpropertyservices.com or call on 020 3397 4499. If you are in the area, feel free to pop into the office – we are based on 116 High Street, Welling, Kent, DA16 1TJ. There is plenty of parking and the kettle is always on.

Don’t forget to visit the links below to view back dated deals and Welling Property News.

Follow The Buy-To-Let Property Investment Market in Welling

Welling Property Market LinkedIn Page

Danson Property Services Welling Facebook Page

Danson Property Services Welling Twitter Page

Welling Investment Property Specialist Danson Property Services Website

Find out how much is your Welling home worth. Click here for your FREE Instant Online Valuation

Welling Property Market update - June 2017

Do you know what is happening to property prices in and around Welling?

You can find out the latest with this downloadable Welling Property update, or by visiting the Danson website here ... 

https://www.dansonpropertyservices.com/news/welling-property-news-june-2017.html

If you are looking for an agent that is well established, professional and communicative, then contact us to find out how we can get the best out of your investment property.

Email me on kevin@dansonpropertyservices.com or call on 020 3397 4499. If you are in the area, feel free to pop into the office – we are based on 116 High Street, Welling, Kent, DA16 1TJ. There is plenty of parking and the kettle is always on.

Don’t forget to visit the links below to view back dated deals and Welling Property News.

Follow The Buy-To-Let Property Investment Market in Welling

Welling Property Market LinkedIn Page

Danson Property Services Welling Facebook Page

Danson Property Services Welling Twitter Page

Welling Investment Property Specialist Danson Property Services Website

Find out how much is your Welling home worth. Click here for your FREE Instant Online Valuation

Welling Investment Property of the Week - 2nd June

Marketing Price - £220,000 to £240,000

Expected Rental - £1100pcm

Rental Yield - 5.8-6%

Too many people are a little short-sighted when buying property for investment purposes. They tend to look for property that they like the look of, rather that what will make you money. Remember, you won't be living there!

John Newton Court, Welling

Ex-Council properties should be high on your list of considerations when looking to invest in property. Of course, they are not always as easy on the eye as other styles of property, but the number do stack up ... and that's what you are investing for, to make money, not to be visually appealing.

These styles of purpose built flats are generally a lot more spacious than say a Victorian conversion. That is largely because they were built from day one as a flat to house a larger family or sharers, as opposed to a conversion which was originally a house and then converted. 

The rent you can demand from an ex-Council property will be lower than that of a more modern flat, but the purchase prices proportionally are so much better, and therefore your yield is likely to be far higher. And if you are looking to make a decent monthly return as a side-income then that is good news. 

This example in John Newton Court, Welling through another local agency is well worth a visit ... http://www.rightmove.co.uk/property-for-sale/property-48531033.html 

If you are looking for an agent that is well established, professional and communicative, then contact us to find out how we can get the best out of your investment property.

Email me on kevin@dansonpropertyservices.com or call on 020 3397 4499. If you are in the area, feel free to pop into the office – we are based on 116 High Street, Welling, Kent, DA16 1TJ. There is plenty of parking and the kettle is always on.

Don’t forget to visit the links below to view back dated deals and Welling Property News.

Follow The Buy-To-Let Property Investment Market in Welling

Welling Property Market LinkedIn Page

Danson Property Services Welling Facebook Page

Danson Property Services Welling Twitter Page

Welling Investment Property Specialist Danson Property Services Website

Find out how much is your Welling home worth. Click here for your FREE Instant Online Valuation