Monday 24 November 2014

What a great project! Victorian terrace in Wolverton, £175k, potential 6% yield

Now the sales advert for this is a bit sparsely worded, and there is just the one external photo, but it would appear to be a potential project for someone given the price, and depending upon the internal condition and standard of fittings it would be prudent to allow around £25k for refurbishment as a starting point.
 
 
 
 
Having spent a total of £200k in bringing this up to spec for the rental market, you could likely ask around £950-995 at this point in time, showing a decent return of up to 6% for a fairly solid piece of property in a popular old Victorian railway town. These are always popular with families who are looking to rent, as they offer good internal space and incredible value for money when compared to a modern box on an 80's housing estate.

** STOP PRESS - THIS IS NOW UNDER OFFER **
 
If YOU want to be the first to know about what would make a great Buy To Let investment that is currently available, either on the open market or via our own sources (landlord to landlord sales etc), call us now on 01908 562582 to have your name put on our Premier Investor list,  visit us at our offices on London Road in Stony Stratford or send me an email.

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