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Monday 24 November 2014

One bedroom house in Wilsdon Way, Kidlington

WILSDON WAY, KIDLINGTON

Afternoon all,


This one aint bad at all, but it does need modernising throughout which will come at cost, but on the plus side, it is not a big property and I anticipate an outlay of approx £5k for this. It would include new kitchen and bathroom in addition to recarpet and repaint throughout to bring it to standard.

Assuming this is done you can expect a rent of £850 per calendar month and based on paying the asking price of £185,000 this will see you at a very healthy 5.4% yield.

This will let every day of the week and twice on a sunday! I recently had a one bedroom down here and it let in one day. Its in a cracking little cul-de-sac. Safe and quiet with a real community feel which makes it that more appealing to tenants.

You will find this one on with Chancellors, Kidlington office.

Any takers?

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