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Monday 27 October 2014

KELHAM HALL DRIVE, WHEATLEY




Afternoon all,

This one looks great.

Internally sound and light and spacious throughout it will need little done before renting it out. It comes with a garage as well which is always great for those items that never quite make it into the house!

3 good sized rooms, family garden, 2 reception rooms including dining room and a utility off the kitchen ensure all of the family requirements are ticked. You may also recall my post in recent weeks regarding the draw of local schools, and Wheatly fits the bill big time!

Currently on with Chancellors for the princely sume of £350,000 you can expect IRO £1400 per calendar month for this, giving you a 4.8% yield but check out the appreciation. In Q1 of 2014 this house sits at £350k. At the turn of the millennium it would have fetched £172, 975. A 50.6% appreciation.

Not too shabby considering we have plunged through 2 recessions.

Best regards

Richard

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