Thursday, 18 December 2014

Steady growth expected here on this Furzton 3 bed semi, £180k asking price with 5.7% yield

Furzton is a very well established residential area with no nasty surprises, and all the things a family would require on hand - doctors, shops, school, lots of outdoor leisure facilities, and great transport links. This particular property is a 3 bed semi with a garage and off road parking, on the market for £180k this offers great value for money for such a home.
 
 
 
 
 
If this went onto the rental market early in 2015, there is likely to be an increase in tenant demand following the pre-Christmas lull, and we would market this at around £850-875 PCM, giving a decent yield of up to 5.7% which is very good for a relatively low risk property in Milton Keynes at the moment. Similar houses were selling in this vicinity for around £160k in the summer of 2013, so you can already see the way the market is moving here which is definitely to the advantage of property owners, so act quickly on this one.
 
 
 
 
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, or pop along to our offices for a more detailed chat about your requirements and how we can help you.

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