Even if you are new to the Private Rented Sector or an experienced investor with a portfolio, I think you seriously should take a look at this property.
Priced at £100000 for a three bed semi, this is an absolute steal. I could show you many three bed terraced houses going for the same, just under or even greater than this one is marketed for. So the question is, why would you buy a terraced house for the same price when obviously there is potential for capital growth and almost certainly the rental yield will be higher? No-brainer as far as I am concerned.
The full property details are here.
The pcm for this property would be in the region of £595.00 based on the property being upgraded. This would give a rental yield of 7.14%
Clearly from the photos the internal spec isn’t up to scratch and will need to be upgraded and changed if the full rental potential is to be utilised, no point in going half way.
It is a decent sized property overall with two double sized bedrooms, modern kitchen & bathroom, double glazing, central heating, low maintenance gardens and off-road parking. It ticks all the boxes! The property is located in a cul de sac and in a burgeoning area for rental accommodation due to the ongoing regeneration of the locale.
If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01922 311016, you can always email me on firstname.lastname@example.org.
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