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Wednesday 3 September 2014

Pound Close, Headington



Morning all,

I noticed this one on my daily round of 'spot a bargain' through Oliver James and thought I'd share before its too late! Cutting to the vital statistics this one would rent at around the £925 per calendar month mark. Stacked against the yield this gives you 4.5% which sits slightly lower than then norm but looking at its capital value and recent movement, properties similar and in this street have appreciated by 19.4% in the last 5 years and only within the last year it has seen a 7% increase all of which has been acheived in financially difficult times. Imagine how it will look in our newly flourishing market and especially with a lack of decent stock.

Property refurb would include new carpeting and a fixed electrical shower unit with tiling. Other than that it is good to go.

On the end of the phone if you need me folks!

Best regards

Richard

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