Bargeman Road, Maidenhead - 3 bed semi - Sound Investment!

As they say it all about location, so with this place on Bargeman Road which is just off Shoppenhangers Road its great for access to the Maidenhead Train station! This is a highly rentable property once you've given that much needed lick of paint to satisfy the demanding tenants! Its on the market with Roger Platt for £325K and for that you can expect a yield of 4% which is not going to set the world a light.....but with this location you can expect some top end capital growth. 

Houses in this location tend to move quickly so get on the phone.....see the link below for more details.....

http://www.zoopla.co.uk/for-sale/details/37919243

Blakeney Court, Maidenhead - Attractive 2 bed Maisonette!

I may sound like a broken record, but the 2 bed properties in Maidenhead are so much in demand that I had to bring this one to your attention. Unlike many other Maisonette's this one is set in attractive looking property and therefore stands out from the crowd....as a result I think this will get some interest. Its in with Prospect for £229,950 which will give you a return of well over 5%.....

More pics below....its in pretty good condition so worth a look!

http://www.zoopla.co.uk/for-sale/details/37886591

The ‘Liquorice Allsorts’ Maidenhead Property market

Despite the UK economy heading in the right direction with record low mortgage rates and unemployment figures dropping, the rate of property prices rising in Maidenhead have tempered since the start of the year. This slow but sure downward trend in the rate of growth has been in evidence since mid-2014.  Property value increases continue to outpace the growth in salaries, however the gap is closing, helped by a lift in salaries over the last 6 months.  Property values in the South East region as a whole are 9.1% higher than a year ago.  Compare this to the neighbouring regions of the East at 8.8% higher and South West at 3.6%, the majority of the country continue to see annual house price gains - the exception being Wales which recorded a slight decline of -0.6%.

Even with the tempering in house price inflation, it does not necessarily change my outlook that property prices are likely to be firmer over the second half of 2015 amid heightening activity in the Maidenhead property market.  As stated in a previous article, there is a current shortage of properties on the market, restricting supply, which in turn will provide stability and support to Maidenhead property prices. Therefore, my overall opinion is that Maidenhead property prices will rise by 6% over 2015 and roughly the same in 2016.

Property investment is a long term business.  Buying the right sort of property is vital. I have recently been speaking with a number of Maidenhead landlords about the importance of a balanced portfolio, when buying and renting out property. The balance between buying properties that offer good monthly returns (high yields) but quite often offer poor capital growth (i.e. they don't increase in value that much over the years compared with the average) verses properties that do go up in value quicker but often offer a lower yield.  So, what type of properties have performed best over the last few years in Maidenhead, especially in terms of their capital growth?

When comparing what the average price of detached, semi detached, terraced and flats were selling for back at the start of the Millennium to the present.  The results are quite remarkably different, almost like a bag of Liquorice Allsorts, as the different types of property have performed poles apart over the last 15 years:

Detached Houses in 2000 were selling on average for £326,598 and so far in 2015, they have been selling on average in Maidenhead for £675,820 a rise of 107%

Semi -Detached Houses in 2000 were selling on average for £171,499 and so far in 2015, they have been selling on average in Maidenhead for £425,000 a rise of 148%

Terraced Houses in 2000 were selling on average for £154,260 and so far in 2015, they have been selling on average in Maidenhead for £379,086 a rise of 146%

Flats and Apartments in 2000 were selling on average for £103,588 and so far in 2015, they have been selling on average in Maidenhead for £222,081 a rise of 114%

Moving forward, what should new and existing buy to let landlords do with this information?  Well, the questions I seem to be asked on an almost daily basis by landlords are:

“Should I sell my property in Maidenhead?”

“Is the time right to buy another buy to let property in Maidenhead and if not Maidenhead, where?”

“Are there any property bargains out there in Maidenhead to be had?”

I get contacted by a number of landlords who like to discuss the Maidenhead property market and how Maidenhead compares to other local markets…..hopefully answering the questions above!

St. Marys Walk, Maidenhead - 3 Bed Maisonette - Maidenhead Town Centre!

Its pretty rare to see properties like this, which is literally in the town centre! Its on with Romans for £315K - With all the plans a foot for the development of Maidenhead town then this could be quite an investment! Its nicely done out already but might need more of a modern look about it to attract the young professionals. Its interesting so thought I would bring it to your attention!

http://www.rightmove.co.uk/property-for-sale/property-54244802.html

High Street, Cookham - 4 Bed Semi - Some more weekly eye candy!

Good evening everybody! This property is fairly unique.....its not too often that you get such a substantial family home appear on Cookham High Street - Its on with Savills for £965K and given the location I would expect it to go for somewhere near the asking price!

Not much more to add on this, other that than if you are looking at an A1 location and an immaculate family home this just might be the place!

http://www.rightmove.co.uk/property-for-sale/property-51364852.html

College Glen, Maidenhead - 2 bed terrace - full refurb required!

Interesting place this one, I have no hesitation that it will sell in no time at all if there are no hidden issues - I just feel its a tad on the steep side at £360K given the amount of costs involved to get this ship shape, but then again you can expect some healthy capital returns in the long term and with a a highly rentable property on your hands....so all things considered this is a good place for any investor and landlord! 

Its on with Andrew Milsom so take a look at the link below for more details:

http://www.zoopla.co.uk/for-sale/details/37823158

Church Road, Cookham - 1 Bed end of terrace - Good Investment (No Chain!)

Afternoon all, Cookham bound today! On the market with Pike Smith Kemp for £339,950 - This one speaks for itself, great location, charming one bed cottage - that alone will get the viewers flocking! You don't get a huge amount for your money with this locationsin Cookham but this would still be great as a first time but to let investment, or even a short term holiday let. 

Take a look at the link for more details......

http://www.zoopla.co.uk/for-sale/details/36271699