 |
| Columbine Gardens, Greater Leys, Oxford |
Afternoon all,
Eyes down for this week's investment hot property.
I found this one floating on Zoopla, listed today with Allen and Harris Estate Agents. Just gone on at £240,000 and would command a rent of £925-£950 easily. This would give you a yield of approx 4.8% which is solid. Not 5% I hear you say. Ok, so consider this......
Firstly it is a house, so no management fees. Secondly it is a house so noone above or below you as neighbours and thirdly, yes, you guessed it, it is a house which means your own garden! Joking aside these are big consideration for prospective tenants and it reduces costs for you landlords out there.
Still sat on that fence??? In August 2013 a two bedroom semi detached property sold for £198,000. A year later they are offered at £240,000. That is serious capital appreciation folks. Due to the shortage of housing stock I believe it WILL acheive its price.
Condition looks good both internally and externally.
I see no down side with this property.
No comments:
Post a Comment