Thursday 30 October 2014

Two Mile Ash refurbished 2 bed, £170k with potential 5.3% yield

We now have several of these exact same houses on this road, and they are always popular as they offer a good balance of space & value, and are located in a decent area close to good local schools and shops.
 
 
 
 
The property itself looks to have already been improved, decorated and refurbished to a good standard and ready to go straight onto the rental market at this time at around £750 PCM, giving a potential yield of 5.3% today, but this will always let really easily in the future so will not give you any major headaches.
 
 
 
 
Values of these houses have increased nicely in recent years, with this type of house selling for £51k back in 1999, showing an amazing 230% growth in the intervening years, and demand for rental and purchase in this area is still strong today, so you will always have options in the future.
 
 
 
 
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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