Just seen this property come to the market with Pike Smith & Kemp. If you can get past the action hero wallpaper and few other jobs that need doing then this place could offer a good long term investment - I would stress LONG TERM though, in the current market these type of properties do not offer fantastic returns when looking to flip back on the market straight away. If you are prepared to get the work done and get this rented out for about £1,100 PCM then this will see some strong capital appreciation as the market begins to pick up.
It's on the market for offers over £350K, more details below:
http://www.zoopla.co.uk/for-sale/details/43280400
Saturday, March 18, 2017
Sunday, March 12, 2017
Maidenhead Semi Detached House Prices rise by 425% in 20 years
The semi-detached house with its bay windows and net
curtains has long been ridiculed as an emblem of safe, lacklustre and desperately
uncool suburban life; the homes of the likes of Hyacinth Bucket in Keeping up
Appearances and more latterly Alan Partridge – but they could have the last
laugh - having enjoyed the highest price growth of any property type in Maidenhead,
up by an average 425% increase in the last twenty years.
The semi can now laugh in the face of its posher detached counterpart,
which saw a rise of only 280% in the same 20-year period. Looking at smaller
properties, flats/apartments rose 358%, whilst terraced houses did slightly
better at 376% (although they were starting from a lower base and demand from
buy to let landlords has had a big part in driving the values on that type of
house (i.e. the price a buy to let landlord is prepared to pay is driven by the
rent the landlord can achieve).
In 1996 the average value of a Maidenhead semi stood at £92,200, today it stands at £484,200
Such is the attractiveness of semis, which are cheaper than
detached houses but have most of the same benefits for families. Semi-detached
houses were built in their hundreds of thousands by the Victorians and
Edwardians between the wars and through to the present day. Interestingly in
the late 19th Century and early 20th century – they often weren’t referred to
as semi-detached – but as villas!
So whilst Europeans live on top of each other in apartments
us British chose, in the late Victorian and early Edwardian times, suburban
comfort, being near … but not too near, the neighbours! I once heard someone
say the semi-detached house was a peculiar crossbreed that doesn’t stand on its
own — it is inseparable from its neighbour — yet somehow still embodies a dream
of suburban independence.
Over one in four houses in Maidenhead is a semi-detached
house, 6,632 to be precise – this represents 26.11% of all households….! The
traditional semis offered a hall to provide separation between the reception
rooms and privacy for their occupants. Also the downstairs offered larger rooms
to accommodate dining tables, whilst upstairs, bedrooms were smaller, yet cosy.
However, probably the most overlooked aspect of popularity
for semis is the garden. The front garden, designed to separate the house from
the world, and the back garden designed for private relaxation. The semi in the
suburbs was relaxing, well presented, plumbed and enhanced by a garden so that
when a window was opened the air had a chance of being genuinely fresh… and it’s
for all those reasons why 153 semi-detached houses have been sold in Maidenhead
in the last 12 months alone. Still as
popular today as they were with the Victorians all those years ago – some things
just stand the test of time!
Saturday, March 11, 2017
Park View, Grenfell Road, Maidenhead - 1 Bed Flat - Its all about location!
Good morning, just seen this flat come to the market with Romans for just under £290K. As a first step on the investment ladder anything this close to the train station is a safe bet. Equivalent flats nicely done out are achieving best part of £900 PCM...
Take a look at the link below for more details...
http://www.zoopla.co.uk/for-sale/details/43176392
Take a look at the link below for more details...
http://www.zoopla.co.uk/for-sale/details/43176392
Sunday, March 5, 2017
Princess Street, Maidenhead - 2 Bed Terrace - Ideal Investment Opportunity
Just seen this great terraced house come to the market, Princess Street is in the Grenfell Road area of town and if you are thinking of buying an investment property this is certainly one of the places to be. Two bedroom terraced houses in this part of town are achieving a rental income of about £1,200 PCM ... so this may not be setting the world a light in terms of yields, but as a longer term investment this will certainly see some strong capital appreciation.
It's on the market with Roger Platt, more details are below:
http://www.zoopla.co.uk/for-sale/details/43119026
It's on the market with Roger Platt, more details are below:
http://www.zoopla.co.uk/for-sale/details/43119026
Friday, March 3, 2017
Chauntry Road, Maidenhead - 3 bed Detached - Auction Property
Just thought I would flag this property to you.... its needs loads of work and is probably located a bit close to the main railway line for most peoples comfort! It's on the market with Romans for £475K, just to give you a guide a 4 bedroom property sold on this street for £650K in July 2015, bear in mind Property prices have not increased significantly since this date....
If you click on the link below there are some set dates when you can view this property..... may be worth a visit?
http://www.zoopla.co.uk/for-sale/details/43112976
If you click on the link below there are some set dates when you can view this property..... may be worth a visit?
http://www.zoopla.co.uk/for-sale/details/43112976
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