For sale homes with investment potential
There’s a lot to consider when investing in bricks and mortar – whether you’re after a steady income stream, long-term growth or a quick profit and if you plan to live in the property while it pays its way. Then you’ll need to research locations, rental demand and yields and crunch the numbers to ensure that income exceeds expenses by a comfortable margin. These properties could present some great investment opportunities.
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1. Nottingham, guide price £80,000
In need of refurbishment, this two-up, two-down terraced house is going into an online auction on 31 May. It has a back garden and a first-floor bathroom. More space and value could be added by converting the loft. A similar house on the same street with a third attic bedroom sold in October 2023 for £145,000. Register for an account at First for Auctions.
2. Dundee, offers over £139,000
With an average gross rental yield of nearly 8%, Dundee’s earned a top five place in Zoopla’s list of highest earning areas for buy-to-let property. This two-bedroom, third-floor flat could be a good place to start building a portfolio. It’s well-presented with a communal garden and close to transport links, shops, schools and other amenities. Available from Verdala.
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3. Factory No 1, Bristol, from £250,000
This development offers a mix of new and converted one and two-bedroom flats in a Grade-II listed former tobacco factory in Bedminster, on the south side of Bristol. Set around landscaped courtyard gardens and with an onsite concierge, landlords can expect to achieve an estimated annual rental income of up to £21,600. Aldermore’s Buy to Let City Tracker crowned Bristol as the best UK city for landlords to invest in. Find out more from City & Country.
4. London Square Watford, Watford, Hertfordshire, from £340,000
Two years guaranteed rental at a 5% yield is offered to buy-to-let investors snapping up a brand new one or two-bedroom apartment in this development close to road and rail links. A furniture pack is included and the guarantee is provided by house builder London Square’s rental partner, which takes care of the inventory, check-in and deposit protection. Watford was revealed as the UK’s best place to live and work in property consultancy Lambert Smith Hampton’s 2024 Vitality Index. Find out more from London Square.
5. Crown & Anchor, Dundrennan, Kirkcudbright, Dumfries and Galloway, offers over £385,000
This former pub is now a lovingly restored family home, incorporating a B&B business and a small tearoom. Two ensuite bedrooms are let to paying guests and there are three more bedrooms in the main house. The garage has been converted into a self-contained two-bedroom annexe with the flexibility to be used as a holiday rental or a long-term let. For more information contact Galbraith.
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6. The Green Quarter, Southall, London, UB1, from £406,000
Southall, a west London suburb, is set to become an investment hotspot. It’s on the Elizabeth line, a designated Opportunity Area, and property prices here have risen by 15% over the past two years. There’s high rental demand and one, two and three-bedroom flats at The Green Quarter, one of the UK’s largest regeneration projects, are predicted to achieve yields of up to 6%. Contact Berkeley Group.
7. Highbury, West Jesmond, Newcastle Upon Tyne, £650,000
Houses in Multiple Occupation (HMO) account for half of all student accommodation. According to Anthony Hart, a partner at property consultancy Allsop, the sector is resilient and some landlords have seen rent leaps by over 10% in the past 24 months. This five-bedroom, two-bathroom HMO is in a popular student area and tenanted until early August, earning £2,337.50 pcm. Find out more from Rook Matthews Sayer.
8. The Maltings, Shotley Bridge, County Durham, £700,000
This extended and remodelled 17th-century stone-built house incorporates four bedrooms, three bathrooms and two reception rooms arranged over five storeys, plus plenty of original features and a terraced garden. It’s in a village in a region tipped by Sykes Holiday Cottages as one to watch, because its holiday lets produce an above-average income. Via Finest Properties.
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9. Stumpy Corner and Cleddau View, Haverfordwest, Pembrokeshire, offers over £740,000
Here, you get two properties for your money in a rural waterside location. The larger house, Stumpy Corner, is a successful holiday rental with four bedrooms, three reception rooms and a wraparound conservatory. Three-bedroom Cleddau View – which you could live in yourself – has been refurbished. They have separate gardens and direct river access. From Country Living Group.
10. Parkhouse Farm, Keynsham, Somerset, £2.175m
Alongside a Grade-II listed, five-bedroom period pile, the current owners have created four new holiday-let apartments with open-plan living areas, fully equipped kitchens and contemporary bathrooms. Occupancy rates are high, reviews are consistently good and together they generate over £100,000 per year. Find out more from Strutt & Parker.
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