Monthly Archives

February 2018

Bicester Buy to Let Deal of Week!

By | Deal of the week

I’ve picked out this gem of a potential buy to let deal in Langford Village, Bicester. It’s a two bedroom property with conservatory and en-suite to the master. It needs a little bit of TLC, a lick of paint to neutralise the walls and new carpets to the living room and bedrooms, then it will rent all day long at £925 pcm. It’s on the market with Barton Fleming for £250,000, which provides a gross rental yield of 4.44% assuming no negotiation on the asking price.

Here is the link http://www.rightmove.co.uk/property-for-sale/property-71758538.html

Bicester’s ‘Millennials’ set to inherit £482,905 in property!

By | News

That got your attention … didn’t it!

But before we start, what is Generation X, let alone Generation Z, Millennials, Baby Boomers  … these are phrases banded around about the different life stages (or subcomponents) of our society. But when terminologies like this are used as often and habitually as these phrases (i.e. Gen X this, Millennial that etc.), it appears particularly vital we have some practical idea of what these terms actually mean. The fact is that everyone uses these phrases, but often, like myself, they are not exactly sure where the lines are drawn …until now…

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Bicester’s £64.5 million “Rentirement” Time Bomb

By | News

Yes, I said ‘rentirement’, not retirement … rentirement and it relates to the 254 (and growing!) Bicester people, who don’t own their own Bicester home but rent their home, privately from a buy to let landlord and who are currently in their 50’s and early to mid-60’s.

The truth is that these Bicester people are prospectively soon to retire with little more than their state pension of £155.95 per week, probably with a small private pension of a couple of hundred pounds a month, meaning the average Bicester retiree can expect to retire on about £200 a week once they retire at 67.

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Buy to Let Deal of the Week for Bicester Landlords!

By | Deal of the week

Here is an opportunity to purchase a two bedroom property located in an area that rents really well, it’s close to the town centre and both railway stations. It boasts two spacious bedrooms, a modern kitchen, bathroom and garage.

The guide price is £250,000 and with expected rent of £925-950 pcm this would provide a solid gross annual yield  of 4.56%.

It’s on the market with Purple Bricks and here is the link http://www.rightmove.co.uk/property-for-sale/property-52908243.html

Bicester Private Rents Hit £16.01 per sq. foot

By | News

One of the best things about my job is helping Bicester landlords with their strategic portfolio management. Gone are the days of making money by buying any old Bicester property to rent out or sell on. Nowadays, property investment is both an art and science. The art is your gut reaction to a property, but with the power of the internet and the way the Bicester property market has gone in the last 11 years, science must also play its part on a property’s future viability for investment. Read More

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