What is worth buying to let in Aylesbury, my top 3.

The Aylesbury sales market continues to be surprisingly strong. I expected prices to falter a little in the first quarter of 2017 as buyers sat on the fence and landlords took stock of what is going on . But prices are still solid although we are seeing the usual first quarter optimistic overpricing with some agents so you need to carry out your research before committing as usual. As has been the case for some time these bullish prices are supported by a lack of supply rather than a strong demand...but there is no sign of this changing any time soon.

In this environment good purchases are hard to find, no such thing as a bargain any more!
However there are still sensible buys and a hunt around today shows the following three properties. Only one of these is available via Mortimers, you will need to follow the link and contact the selling agents directly for any interest in the others.

Fairford Leys Aylesbury apartment with potential 5.36% gross yield

What appears to be a smart two bedroom flat on Fairford Leys £195,000 guide price. There is very little of quality sub £200k when it comes to two bedroom apartments in good locations, this one appears to fit the bill. It is of the smaller design without an ensuite but still works well as a rental.
click here to see details on Rightmove
You should see a rental return of around £825 giving a gross yield of over 5%. If you can nibble the price down to £190,000 and improve the rent to £850 this increases to 5.36% gross yield...very respectable. In 2014 these and similar were selling for around £150,000 so there has been good capital growth which looks set to continue.

Rye Close Aylesbury two bedroom semi with 4.16% gross yield at £245,000

This looks like a good buy and in good condition, not sure why it has been on the market since December unless the agent has failed to change it's status. In any event tis represents good value for a buy to let likely to let for around £850 giving a gross yield of 4.16% with great potential for capital growth.
click here to see details on Rightmove

Cooks Road Fairford Leys Aylesbury, two bedroom house, gross yield of 4.07%

This excellent two bedroom house is available via Mortimers click here to see details on Mortimers website
Good presentation, cloakroom and garage are some of the benefits from this modern house on the edge of the estate. The price is sensible, £264,950 and you are likely to achieve a rent around £900 giving a respectable gross yield of 4.07%. But the big plus for Fairford Leys property is the potential for good capital growth whilst achieving good rent , low maintenance costs and a lack of void periods.
Properties similar to this were selling in the region of £190,000 in 2014 and at present the potential for further capital growth looks good. This house would be a great property to start off your portfolio or indeed a great addition to an existing one.

As always carry out your own research. If you want to sanity check a property your are thinking of buying to let please get in touch. My advice and knowledge are free, my opinions driven by my own experience as a landlord as well as an estate agent of many years. Get in touch