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Friday 23 January 2015

Property in Kidlington with a great return!

WILSDON WAY, KIDLINGTON

Up and coming area is Kidlington! Or an established area for those who know and becoming ever the more popular with the new train line to going in shortly. In addition to this it is becoming increasingly more attractive to investors looking to make a steal on the yield return. Prices in this location are commanding but yet more affordable Vs rental income than places such as central Oxford.

On for £259, 950 at will attract a rent of £995 - £1025 which will bag you 4.7% yield which is a healthy return for your investment. It was purchased in December 1998 (UK number 1 was Believe by Cher for all you music lovers) for £72,500. 17 years on and it is now over 3 times the original value. Ok, ok we dont have nor we will have a 2007 property boom to look forward to but barring a few occasions property prices have continued to move in the right direction and certainly more recently. If I look at one more recently a terrace house in this same location went for £210,000 on the 21st March 2014. Now that is progress in short order.

Call and pick my brains at will people but I doubt this will stay on long.

Happy weekend.

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