Thursday 28 August 2014

Old Wolverton 3 bed semi, £200k giving 5.6% yield but look at the potential for capital growth

Here we have a fairly un-pretentious 3 bed semi, in the quiet area of Old Woverton. On the market today for offers in excess of £200k, this represents good value for such a property that could go on the rental market at £925 PCM with very little effort, giving you a decent 5.6% yield as it stands.




Properties locally have also shown some good capital growth over the past decade, in fact a typical 3 bed semi on this road would have sold for £91,500 back in 2000, and even last year they were achieving £206k. So over the intervening 13 years, values have increased by 125% for a house just like this one, so you can see that any investment here would be safe and secure.


 
 
For more information about this or other potential investment properties that we could introduce you to, call us now on 01908 562582

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