Posted on the 8th September and listed as another investment opportunity. It appears that the local estate agents feel that adding that little phrase to their listings adds some kind of cache to their post. It’s a bit hit and miss based on their “criteria” as an investment, but anyway, it gives the rest of us who are actually interested in searching for properties like these, the chance to see if it does indeed pass muster.
It’s not a bad little spec in a good rental area and will need some changes to the basic decor and some serious consideration as to whether the brick fireplaces stay or not. It does have double glazing and gas central heating.
Offers are in the region of £89950, which means to me that there is some wiggle room available. If the property does sell at the current asking price, the rental yield would be 6.33% based on a £475.00 pcm.
Please contact me when you are ready to discuss whether this is the right investment for you, I would be glad to help in any way I can.
Phone: 01922 311016