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Trinity Sales and Lettings are your local, independent & friendly, property marketing professionals for the Wakefield area. We are here to help you with your property marketing and letting needs whatever your requirements. We have been Awarded winners of the 2019 Gold Award for best agency in the Wakefield area and in 2020 we received the Best Lettings Agency Award issued by the British Property Awards. Located in north Wakefield we are the agent of choice for Outwood, Stanley, Newton Hill, Lofthouse , Lofthouse Gate, Wrenthorpe and East Ardsley. Our aim is to exceed your expectations and we promise to always go the extra mile to ensure your experience with us is the best it can possibly be. Give us a try we are here to help .

Featured Properties

Sale
Bolus Lane, Outwood, Wakefield, WF1 3DL
Outwood, Wakefield, 3 bed semi-detached house for sale
Offers in the region of £175,000
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Sale
Westfield View Wakefield, WF1 3RU
Two Bed Inner Terrace Property For Sale
Offers in the region of £134,950
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Sale
Elvey Street, Wakefield, WF1 3PP
Three/Four Bed Terrace Property
Offers in the region of £145,000
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Sale
Hillside Close, Wakefield, WF2 8UN
Wakefield, 3 bed town house for sale
Offers in the region of £134,500
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News & Blogs

Why Buy a Rental Property in Wakefield

You might be wondering ‘why buy a rental property in Wakefield ’? After all, we’re in the midst of a global pandemic, and a trip to the shops is stressful enough! However, all the findings suggest that now is a great time to invest in a rental home and enjoy the financial benefits of being a landlord that come with it. After a long lockdown pause, the economy is slowing starting to open up. According to Nationwide, the average UK house price is £218,902, a 1.7% drop in the previous month. Therefore, it’s a great time to bag a bargain and invest in a buy-to-let property. There are many benefits to owning property. Whether you’re toying with the idea of becoming a landlord or soldon the idea, here’s 10 good reasons to invest in a rental property right now. 1. It’s a tangible investment It’s never too early (or late) to invest in the future. A rental property is appealing to many since it’s a tangible investment and one that’s relatively familiar and easy to understand. For many, it’s also a far more accessible investment, compared to bonds, stocks or shares that require some market skill and know-how. 2. It can be a money-spinner Sure, house prices fluctuate, but as far as long-term investments go, it’s one of the best ways to enjoy a sizeable financial return. The latest figures reveal that landlords in England and Wales enjoyed £79,770 in capital gains in 2018. The findings also revealed that the vast majority (85 per cent) of landlords with a buy to let property for sale manage to sell it for more money than they originally paid for it. 3. Market for renting From students to relocated-workers and families to couples, the rental market is vast and varied. It’s thought that one in five households in the UK is a rented home. With this in mind, it’s likely you will always find demand for your buy-to-let property. 4. Annual salary Of course, one of the benefits of being a landlord is the annual salary that comes with it. This varies depending on the size, condition and location of your property. However, there’s much appeal, with the average landlord earning £15,000 a year in rent, before tax and deductions. For some, this could make the difference of being able to go part-time in their job or retire early. For others, it is an excellent way to top-up their salary. 5. Guaranteed income There’s no denying that there are certain stresses that come with owning a rental property. However, many will agree that the benefits of being a landlord far outweigh this. One of these benefits is some guarantee of a regular income. Most rental contracts are for six if not 12 months in duration. This offers landlords some peace of mind in terms of a regular monthly payment. Some might say, even more security than a full-time job offers. 6. Grow your portfolio Many individuals who start with a buy-to-rent property find that it’s a viable business. This offers a foray into the real estate industry, growing your portfolio as you acquire more properties. This can be a great career choice, especially for those with an interest in the property market and business investments. 7. A second home Some private landlords invest in a buy-to-let property as a future nest egg for themselves. Not just in terms of financial gain, but also as a retirement home. As part of your long-term strategy, you may decide to invest in a second home now to rent, that you later take off the market to live in yourself. You’ll also have the added benefit of knowing the property has been in good hands, in an area you’re already familiar with before moving. 8. There’s lots of support Even if you’re new to the buy-to-let market, there’s plenty of support in the industry. This includes the Residential Landlords Association who represent and assist its members. From landlords coronavirus advice to lettings expertise, they’re a great resource. Plus, it’s relatively affordable, starting from £155 a year. 9. Support your family One of the benefits of owning property is the opportunity to provide a secure rental to your family. If you have children at university, this will be an all-too-familiar scenario. Many families turn to buy-to-let properties to ensure their children have a stable residence during their higher-education. This can still be rented out beyond their tenancy, making it a handy side-hustle if you like! 10. Expand your knowledge Whether you already own a property, or you’re looking for a buy-to-let for the first time, you will undoubtedly expand your knowledge along the way, from learning the lingo to understanding lending rates, and regulations around being a responsible landlord. It’s a great chance to grow yourself in ways you might not have previously considered. For no-obligation advice on buying a rental property in Wakefield please contact our expert property team at Trinity Property Marketing on 01924 609811.

Published by on     Aug 23 , 2020

Whens the Best time to put your property on the market ?

There is a dance we do when it comes to buying and selling a property! In most cases, you’ll want to sell your property first and then buy another property second because this means having a greater deposit to work with and enough funds to cover all your moving costs. If you sell at the right time, then you can potentially sell your house fast and for the asking price or, if you can start a bidding war between multiple interested parties, in some cases, greater than the asking price. Seasonal Selling: Housing Market and Selling Expectations Spring Spring is a great time to sell and traditionally is the season when lots of properties come to market. Potential buyers are not away enjoying their summer holidays, there is that feeling of warmth and renewal in the air, and in general, many people want to move during this season simply because it means they can settle into their new home during the warmer, more pleasant months of the year. Summer Summer has windows of opportunity for selling your home but it’s important to understand that this is also a time when families will be preoccupied either with taking care of their children who are off from school, or away on holiday. That said, many people do have extra time in the summer due to taking time off work and may potentially fit viewing houses into their schedules. Autumn Like Spring, Autumn is another traditionally great time to sell. Try to get your property up and ready – clean it, declutter it and stage it – before the summer ends. This way, you can get it on the market by late August ready to woo those fresh September buyers! Winter Winter is busy with preparations for Christmas, which means that after December 1st you may see buyer activity slowing down. Come January though, the market usually picks up again ready for that all important leap back into Spring! Other Considerations When Putting Your Home on the Market It’s not only the season that can make a difference to the best time to put your home on the market. These other factors also play a part: Planning Works Nearby If there are big road works or building works going on outside your property, you might want to wait until these are completed. Objectively, it should only improve the value of your home, so it may be worth holding off! Conversely, you could also use planning works in progress to boost the value of your home whilst it’s on the market. For example, if new transport links are being built nearby this could attract more buyers to your property. Be aware of what is being done near you so that you know whether to wait or whether you can use it to boost value. The Housing Market In some cases, the housing market will be booming, and the value of properties will be so high you will want to ensure you take advantage of this and get a sale as fast as you can. In this case, it is best to hire professionals to come in and deep clean and stage your home so you can sell it fast, whilst the market is hot. The Economy A recession or political uncertainty is always going to have an impact when selling your home, but you do have other options whilst you wait for the ideal time to put your house on the market. If your mortgage is entirely paid up, you could rent your property out until the best time to sell. This way you can also benefit from an income. If you want to rent out your home but still have a mortgage, then you will need to speak with your lender to get the necessary permissions and switch to a buy to let mortgage. Be Prepared in Advance No Matter What Of course, you want to sell, above all else, so whatever the season, it’s important to be ready. This means having your finances in order, getting your home in order, decorating and making minor improvements and repairs, and ensuring your property looks its absolute best and so attracts views. A house that is ready to be sold is far more attractive to buyers than one that is not! If you are considering putting your house in Wakefield on the market, talk to us at Trinity Property Marketing on 01924 609811 for the best possible advice.

Published by on     Aug 23 , 2020

Testimonials

Jane Greenfield

Jane Greenfield 1 review Positive: Professionalism, Quality, Responsiveness, Value I found Glen very professional , helpful and obliging. I would use Trinity Letting’s and the solicitors they recommended , Stefan, he too was very efficient and helpful. Top class

Moosa Patel

Moosa patel a month ago Positive: Professionalism, Value Pleasant transaction together with good communication throughout the process. Thank you Glen for your assistance. M&L Patel

Robyn Kettlewell

Robyn K 2 months ago Glen and Jake were extremely helpful when I contacted them regarding a rented property. I viewed the property on the Thursday and by the following Friday I had moved in. The service given by both Glen and Jake was extremely fast and professional. Any issues raised have been dealt with in a quick and efficient manner. I would highly recommend Trinity Sales and Lettings for anyone wanting a a quick, friendly and professional service.

Phil Gillard

Phil Gillard 7 months ago- I Was a first time buyer and Glen supported me with my many questions. Viewed the house multiple times with multiple people and Glen was always fine to do this. Issue came up with damp and Glen got an independent opinion with my agreement and no additional costs to which satisfied me. Great contact throughout as took a while to get through. Could recommend him enough! Thanks Glen!

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