Still there for the taking in Kidlington

You may recall my recent investment alert about this one on the 24th November -

 http://theoxfordpropertyblog.blogspot.co.uk/2014/11/one-bedroom-house-in-wilsdon-way.html

and it is still available.

My recent note was that it needed work doing to it to bring it to lettable standard. Well here is a snippet of what you could end up with if you do it right:

WILSDON WAY REFURB

WILSDON WAY REFURB

Our client purchased this one in the same dated condition in February 2014 for £162,500. They spent £2000 on refurbishment and ended up with a rent of £775 per calendar month. After total cost they have a 5.4% yield. A year on and this would fetch £825 - £850 which send its yield through the roof. It has a very healthy capital appreciation as well if you consider that this one is correctly priced around the £185,000 mark.

Call me if you would like to know more.

Best regards

Richard