Monday, 20 October 2014

Investment property of the week

Lizman Court, Silkdale Close
Hello all,

Just doing my rounds for all you property kings and I happended across this one, on with Penny Sinclair for £205,000 (guide price). My guide is thus: One sold on this development in 11th April for £195,000 and another in 29th May for £208,000 so if the guide price is to move in an upwardly manner I would not advise it should go too far.

It looks internally sound and would suit a professional individual or a couple. Sharers may show interest as well but the 2nd bedroom could be a squeeze as it is long but narrow.

You can expect a rent of £850pcm on this which will give you that all important 5%.

Need comparables? I have many. We have let so many times on this development and its always a winner.

Call me to find out more.

Richard

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