 |
| Sheperds Hill, Greater Leys |
Here is a good one folks.
Currently on the market at £240,000 with Chamberlain Evans this one is in need of a few minor adjustments to make it a cracking investment.
The property has good size throughout and 2 double bedrooms which opens the rental market up to sharers, couples or single professionals which is a huge market. It also has the added bonus of a garage which is great for tenant storage. The parking is unrestricted in this area as well so in addition to the driveway there is always room for visitors.
The bathroom could do with a lick of paint and perhaps some re-tiling but aside from this it is pretty solid throughout.
You can expect a rent of £975 for this one or maybe slightly more which will see you return 4.7% yield if you purchase at asking price. If you strike a deal on it, then all the better.
Some of you might look at the location and consider other possibilities but let me tell you, Greater Leys is very popular amongst tenants. I have let 6 properties in this location consistently from 2008 and not one of them has suffered a void with the rents continually appreciating year on year, along with the property prices. Finally!
Call me.
No comments:
Post a Comment