You can now pick up some really nice properties in this road as the start of the price rise starts to occur, and these 1 beds were selling for around £115k back in 2012, so they are already potentially showing an increase of 13% in less than 2 years, with hopefully much more growth to come in the future. With no upper chain, this could be a quick transaction for the discerning investor.
This sort of property would rent today at around £600 PCM giving a 5.5% gross yield, and being at the early stages of the growth curve there is every expectation that a modern property such as this will appreciate in value in years to come. Located within easy walking distance of Wolverton mainline train station, as well as a 24 hour supermarket, this would appeal to the professional market as well as young couples growing up and wanting to stay in the area.
As always, this particular property has been circulated to our current list of investors looking to purchase something in the Milton Keynes area. If you are one of the hundreds of investors reading this blog daily, why not take the next step and give us a call to see how we could assist you in your search for potential investment properties - or to ask about our thoughts on your own choices, call us now on 01908 562582
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