Thursday 13 November 2014

Close to Newport Pagnell centre, £140k asking price with 6.2% yield

This quaint 2 bed terraced cottage in Priory Street, Newport Pagnell is currently for sale at a touch under £140k, with gas central heating, UPVC windows and no upper chain.
 
 
 
 
Within walking distance of the town centre shopping, bars & restaurants, this typical market town terraced property offers a fantastic starter home for a young couple, and at this price also makes it accessible to new investors looking for a relatively easy property to add to their portfolio. On the rental market today, this would achieve around £725 PCM, showing a healthy 6.2% yield.
 
 
 
 
A property such as this would have sold for around £55k back in 1998, meaning that at todays price it would have increased in value by 154%, more than paying its way for the investor landlord.
 
If you are thinking of getting into the property rental market and don't know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or pop along and speak to us in person at our offices in Stony Stratford.

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