PRICE REDUCTION

House to let – Temple Street, Lindley

Property type: 2 bed terrace
Location: Lindley
Rental: £500 pcm
Min term: 6 months

**PRICE SUBSTANTIALLY REDUCED TO £500 PCM**

Set in the heart of Lindley is this well presented, two bedroom period property, set over three levels with good size dining kitchen and parking for one car. Stone flagged floors, granite working surfaces and integrated appliances are just some of the features on offer.

This lovely home should be inspected internally to fully appreciate the high quality finish throughout. Briefly comprising; Entrance lobby, lounge with feature fireplace, high ceilings and stone flagged floor. A staircase leads down to the lower ground dining kitchen. Set under vaulted ceiling this room is of a good size with units to the high and low level and integrated fridge, freezer, washing machine, oven, hob and dishwasher. There is a tiled floor, granite working surfaces, small window allowing natural light through and space for dining table, making this a great entertaining room.

From the hallway a further staircase rises to the top floor where there is a single bedroom with fitted wardrobes, double bedroom also with fitted wardrobes and feature fireplace and house bathroom with shower over bath. Externally the property has space for one vehicle to be parked, alternatively this could be used as a patio/sitting area. The property is double glazed and is complete with alarm and gas fired central heating.

• 2 Bedrooms
• Set over three levels
• Period features
• Integrated kitchen appliances
• Granite working surfaces
• Stone flagged floor
• DG & GFCH
• Bond – £600

To enquire about this property, please contact us on 01484 682999. To view the full advert for this property please click here.

How can lettings agents minimise the risk of rental arrears?

The number of tenants in the private rented sector (PRS) in the UK who are deemed to be in serious arrears – because they owe two or more months of rent – declined sharply to its lowest level in two years in the three months to the end of September.

According to the latest Tenant Arrears Tracker report, published by LSL Property Services, there was a 25 per cent decline in the total number of people in serious rent arrears between the second and third quarter of 2013.

The figure fell from 92,000 in the second quarter of the year to 69,000 in Q3, which is 34 per cent lower than the total in the same period in 2012.

David Brown, commercial director at LSL Property Services, suggested that the fall may be attributable to the fact that inflation is slowing and investment in the PRS is improving.

“That’s helping to keep supply growing of homes to let. And in turn, better supply is the only real way to keep rental inflation under control,” he said.

“Over the last quarter, rents have consistently risen more slowly than shop prices and wages and rents are now growing at a similar annual rate. Recently, that seems to have really helped tenants under financial pressure.”

However, it is not just economic factors that lead to arrears and there are a number of things landlords and lettings agents can do to help minimise the risk of a tenant being unable to pay.

Always screen potential tenants effectively

If you’ve got a property that is sitting empty and does not have a renter, it is obviously not bringing in any money and it can be tempting for landlords and letting agents to rush to fill the void.

However, this could result in a much worse situation – particularly if the tenant is unable to meet their rental obligations. With demand for rental properties so high at the moment, it is important to ensure you are selecting the right person, rather than just the first potential renter that comes along.

Make sure you conduct a credit check

It can be tempting to skip the credit check, especially if the property has been sitting empty for a period of time and you want to generate some income as soon as possible.

However, they are relatively inexpensive and can be conducted quickly and easily. These probes will make sure the tenant has the ability to pay and will highlight any issues they have had in the past – perfect for bringing problem tenants to your attention before it’s too late.

Seek references

Another important aspect of tenant screening is obtaining thorough references. This is vital because it gives you a more rounded idea of the tenant’s personality and behaviour, rather than just their financial situation.

However, do not let the process drag on for too long – it can take a significant amount of time to secure detailed references and you may find you end up losing an excellent tenant because of the delay.

At Applegate Lettings we take every precaution to ensure that these guidelines are met to minimise the risk of rental arrears for our landlords.

Image: Camilla/Shutterstock

Source: www.rman.co.uk

NOW LET

House to let – Wakefield Road, Grange Moor

Property type: 2 bedroom terrace
Location: Grange Moor
Rental: £400 pcm
Min term: 6 months

With large driveway for 2-4 cars, use of large lawned area adjoining the property, two bedrooms (see floorplan for measurements) and recent programme of modernisation this property should be viewed internally.

Set in the popular village of Grange Moor, this property is set back from the main road and accessed down private road. Briefly comprising; Entrance vestibule, lounge (currently undergoing programme of modernisation) and galley kitchen with fridge, freezer, cooker and washing machine. A stairway rises from the entrance vestibule to the first floor landing where there is a small single bedroom and good sized double bedroom (both also recently being re-decorated), there is a modern house bathroom with white three piece suite and shower over bath. Externally the property has a good sized driveway and path leading to adjoining field/garden. Whilst other neighbouring properties do have access to this garden area, it is predominately used by those occupying this property.

**PLEASE NOTE PHOTOS DO NOT SHOW THE FINISHED STANDARD AS THE PROPERTY IS CURRENTLY UNDERGOING WORKS**

• Off street parking for 2-4 cars
• Large, maintained garden area (shared)
• Two bedrooms
• See floor plan for measurements
• Galley kitchen
• Currently being re-furbished
• Set back from main road
• Bond – £500

To enquire about this property, please contact us on 01484 682999. To view a full list of all

NEW PROPERTY

House to let – Primrose Street, Primrose Hill

Property type: 2 bed terrace
Location: Primrose Hill, Huddersfield
Rental: £400 pcm
Min term: 6 months

Re-furbished two bedroom, end terrace property with side access, communal rear lawned garden, double glazing and gas fired central heating.

This well presented, modern home briefly comprises; Entrance lobby, lounge, galley kitchen with access to rear garden and keeping cellar. A staircase rises from the ground floor lobby to the first floor landing where there is a small single bedroom (see floor plan for measurements), double bedroom and modern house bathroom with shower over bath. As mentioned, the property has recently undergone a full programme of modernisation including re-plastering and decorating. New photos to follow.

• Two bedrooms (see floorplan)
• Modern throughout
• DSS considered
• Communal rear garden
• Double glazing
• Gas fired central heating
• On street parking
• Recently re-furbished
• Bond – £500

To enquire about this property, please contact us on 01484 682999. To view the full advert for this property please click here.

NEW PROPERTY

House to let – Nabbs Lane, Slaithwaite

Property type: 2 bed terrace
Location: Slaithwaite, Huddersfield
Rental: £500 pcm
Min term: 6 months

A very deceptive two double bedroomed cottage with good sized dining kitchen, separate utility and modern interior throughout. Available on a part furnished or un-furnished basis.

Set in the popular village of Slaithwaite only a few minutes’ walk from the ever popular Colne Valley canal this property must be viewed to fully appreciate the spacious accommodation on offer. Finished to a high standard it briefly comprises; Lounge with bay window and feature gas fire and surround. Steps rise from the lounge to the dining kitchen where there is an array of quality units to the high and low level, range style cooker, dining table and rear door. There is a separate utility store which is accessed from a doorway in the kitchen which is currently home to a combination boiler, freezer, washer and dryer (all available should the tenant require these to stay).

From the lounge a staircase rises to the first floor where there are two good sized double bedrooms and contemporary house bathroom with shower over bath. The property is complete with gas fired central heating, double glazing and has small cottage garden/patio area to the front. The property also has an external store/shed which the previous owner used to store a motorcycle.

Additional off street parking space may be negotiable for additional £20 pcm

• 2 Double bedrooms
• Dining kitchen
• Available part furnished or unfurnished
• Set in the village of Slaithwaite
• Close to train station
• Cottage garden
• High quality finish
• Additional parking may be negotiable for £20 pcm
• Bond – £700

To enquire about this property, please contact us on 01484 682999. To see the full advert for this property please click here.

NOW LET

Now let – Union Street, Lindley

Property type: 1 bedroom terrace house
Location: Huddersfield
Rental: £385 pcm
Min term: 6 months

A one bedroom cottage set in the popular village of Lindley with gas central heating, double glazing and various appliances.

This lovely home is modern throughout with neutral décor. Briefly comprising; good size lounge with gas fire, modern galley kitchen with washing machine, oven, hob, extractor and fridge/freezer and store. A staircase rises from the lounge to the first floor landing where the bedroom and bathroom are situated. The bathroom is complete with white three piece suite and shower over bath. The property is set in a quiet courtyard and has outside space to the front.

Bond: £385

(Photos are of a similar property, pictures of this property are to follow).

• Good size double bedroom
• Recently re-furbished
• Modern kitchen
• Modern bathroom
• Off street parking
• Set only a few minutes walk from Lindley centre
• Close to HRI
• Bond – £385
• See floorplan for measurements

To enquire about this property, please contact us on 01484 682999. To view a full list of all our available properties please click here.

HMRC to clamp down on PRS

HM Revenue and Customs (HMRC) has pledged to clampdown on tax avoidance in the private rental sector (PRS).

It has launched the Let Property campaign in a bid to collect the hundreds of millions of pounds that is estimated to have been unpaid by the sector.

However, a tax specialist has advised the PRS to view this scheme as a “window of opportunity” to get its affairs in order.

Stephen Barratt, private client tax director at James Cowper, stated: “HMRC recognises that there will be instances where individuals have either deliberately not declared rental income on let properties or made an honest mistake.”

However, he did warn that any people who choose to “hide behind the sofa” can expect to face much tougher penalties and even run the risk of criminal prosecution.

Mr Barratt said HMRC is using increasingly sophisticated software, which means the chances of successful avoiding tax are becoming significantly reduced.

At Applegate Lettings we advise all landlords to take tax advice before purchasing any rental property.

Image: Paul Maguire/Shutterstock

Source: www.rman.co.uk