Monday 8 December 2014

Old Wolverton 1 bed maisonette, offered at £125k, gross yield of around 5.8%

This property is still on the market but now with a new agent, and we initially mentioned it on 8th October in our daily deals, but what makes it even more appealing is the price reduction of £5k, with a new asking price of £125k.
 
 
 
 
 
We said back then "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". At the new price, a potential yield of 5.8% could be achieved, making it that little bit more attractive to an investor.
 
 
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.

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