Priced at £270,000 the property looks to be in a good state of repair and is well located in an area that is popular with first-time buyers and tenants.
I think at £270,000 this property looks to be priced at the very top-end. An offer accepted at £260,000 would be about on the money.
For rental, this house, furnished would certainly achieve £1,000 all day long, and given its good state of presentation £1,050 should be achievable.
A gross rental yield of 4.8% plus 12 month appreciation of 4% points to an overall gross return on investment of 8.8% over the course of the first 12 months.
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