Buy to Let Investments
Cooke & Co employ mature professional staff to manage our landlord's property and have been letting properties in the Thanet area since 1992.
We rent to both to working tenants and tenants requiring benefit assistance. Although with tenants on benefits we recommend that the tenant has guarantors in case of default. We only rent self-contained units and will not to manage or introduce tenants to homes of multiple occupation.
Cooke & Co are pleased to offer a specialist advice service in relation to buy to let investments. We are experts in relation to all aspects of buying to let as a long or short term investment. This includes information on buy to let mortgages through our recommended financial advisers, advice on types of properties that are ideal for letting in our area and of course the possible rental returns. We also can advise on the Cliftonville West Selective licensing and are members of the Kent Landlord Accreditation Scheme as well as the NAEA, NALS and ARLA.
Thanet continues to be regarded as one of the top locations in the United Kingdom for property investment.
Factors contributing to this are
- The presence of the Universities and Academic Institutions including one of the country’s leading catering colleges.
- Excellent accessibility by road, rail only 80 mins to London St Pancras and to Europe by air using Kent International Airport.
- Thanet has a large transient population.
- A shortage of housing in the area
By combining the experience of specialists in our company and extensive local knowledge, we can offer a range of services tailor-made to meet your specific property investment requirements.
By working in partnership with you towards the achievement of your investment objectives, we ensure that you are confident and happy throughout each stage of the process. The main stages are as follows and we can provide both the complete acquisition and management service or selected parts of this service:
Individual Consultation and Investment Analysis
An experienced member of our team will meet with you to confirm your exact requirements and objectives. We will undertake an initial investment analysis to illustrate expected returns over set periods of investment and will agree on time frames in which to proceed
Search and Acquisition
Armed with local knowledge of the area and markets we set about searching for suitable properties. We are in the fortunate position of not only being able to utilise the extensive range of properties and expertise available from our highly regarded sales department. We have also forged good relationships with many of the other local estate agencies enabling us to access the widest choice of desirable properties. During the search, we will obviously only be considering properties that have a good letting potential and will advise you on the likely rent achievable, any need for re-decoration or new fixtures and fittings to increase its rental desirability, and estimate costs involved. Offers will then be made on suitable properties.
Cooke & Co's recommended financial advisers can provide you with quotations and costings and are experts in all types of investment finance.
To attract quality tenants and minimise void periods, it is
vital that properties are presented to a high standard. We will advise on,
arrange and oversee any works required to bring the property to a standard
suitable to rent on the Thanet market.
Letting and Management
As one of the leading Letting Agents in Thanet, our experienced and efficient Lettings Team will ensure that your property is marketed effectively and that suitable tenants are found and vetted. We will then organise the set up of the tenancy and be responsible for the ongoing management of the property.
Below is a rough guide to the type of returns that you can expect to achieve from your investment.
- 1 Bedroom Flats Between £60-£100 per week
- 2 Bedroom Flats Between £90-£160 per week
- 3-4 Bedroom Flats Between £100-£180 per week
- 2 Bedroom House Between £105-£170 per week
- 3-4 Bedroom House Between £120-250 per week
- 2-4 bedroom Bungalow Between £120-£185 per week
Please contact us for more details of this service and we can then help you find you a top performing investment with limited risk or worry.