Emerson Valley is a fairly respectable and established residential area, and being close to numerous schools this next property has everything going for it in order to appeal to families if & when it goes onto the rental market.
£200k buys this pretty reasonable 3 bed house, and a little time and effort spent redecorating and modernising the bathrooms would see this rent for around £950 in todays market, giving a decent 5.7% return. It still offers plenty of scope for capital appreciation in years to come, as prices around here for similar houses have risen from around £76k in 1997 to £200k today, an increase of an amazing 163%.
For more information about this or other potential investment properties that we could introduce you to, or to ask about our thoughts on your own choices, you know by now just to call us on 01908 562582
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