What does jargon do for the house buying process? Not a lot in my view

There haven't been many properties come to market recently. Rightmove new listing show nothing for the last week.

And very little for the last fortnight. It's the time of year when new properties will start to turn from a trickle into a flood. The Christmas and New Year period ends up with people breaking up, looking to move upwards and wanting a change.

This means new properties to market for the seasoned investor to look through and decide upon. There is a little more urgency than before this time because of the changes to stamp duty rules.

This property is something to consider while you are waiting for other options-

RUSHMOOR, SPENNYMOOR, Spennymoor District, DL16 6NX

http://www.rightmove.co.uk/property-for-sale/property-56863415.html

It's marked by the estate agent as-

• IDEAL FOR FTB

This got me thinking about how much information an estate agent gives and how much they should give. For a potential owner occupier, the phrase ideal for FTB (First Time Buyers) is about as useful as putting any other three initials in the description.

As a property investor reading this and looking to see whether there is potential in the property above, the phrase ideal for FTB means absolutely nothing.

So we've established that it's of no use to anyone - mini-rant over.

Let's get to the figures.I think that this property would command a rent of somewhere between £375 and £425 per month. This equates to a gross annual rent of between 5.6% and 7.3%, which is a good annual return to start looking at for investment in property.

Keep an eye on this one.