This 2 bed semi is up for sale at £165k, and would need a little work doing to update it, but in essence it appears to be a solid house in a decent area and would be something that would fit well with the demands of potential tenants in the local market.
Having been brought up to date internally, this would rent for around £850 at least, giving a potential yield of 6.2%, and with easy and quick access to Central Milton Keynes and the M1 motorway this would make a great home for a growing professional family. This house itself was sold for £55k back in 1999, so at the asking price today this would have appreciated in value by 200%, which shows the sort of area it is in, as the best capital growth happens in the nicest areas.
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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