Tuesday, 27 August 2013

 
3 bedroom investment
 
This is on the market with a local agent at £95,000. With three bedrooms, double glazing, central heating and off road parking it would suit either a couple or a family let.
Maple Road is in a well established residential area and we have rented property in this area many times. A typical rent would be £525 to £575 pcm giving potential gross yield of 6.6% to 7.3%. Many years ago this entire area was local authority housing and since then there has been a lot of updating carried out by owners after right to buy; generally they're built on quite generous plots compared to more modern builds.
 
I think this is worth a look as a buy to let investment - it will make a solid family home at a low price and it may make a good first time buy to let or a useful 'conservative' addition to an existing portfolio.

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