Featured post

www.OxfordPropertyBlog.co.uk is hosting a Landlord seminar

On 2 March 2017, we will host a seminar featuring expert speakers from Martin & Co, Hedges Law, Critchleys Chartered Accountants and...

Thursday 30 October 2014

Investment bargain of the week

GLYME CLOSE, WOODSTOCK
WOW!

Buy, buy, buy! This one is a cracker with great returns!

First thing is first, let's look at the inside, and there a couple of things I would change, notably the carpet to a neutral coluring. Other than that a lick of paint throughout in neutral colouring will bring this right up to standard. the kitchen and bathroom are good and that second bedroom is not too small either.

Currently on with Scott Symonds for £175,000 (guide price) this will hit a rent of £925 which, if purchased at said price gives you a whopping 6.3% yield. Even if you have to go in above at, lets say £180,000 it still gives you 6.1% return.

These ones a good from all angles too. Not the prettiest block to look at but the maintenance chrages are reasonable and they sell quickly as well. The last one to sell went at £185,000 in May of this year. Just before the turn of the millennium it was going for £64,950!!

Progress me thinks!

No comments:

Post a Comment