Thursday, 4 December 2014

Walnut Tree 3 bed + conservatory, £190k, yield of around 5.5% but what a great location for growth

The ever popular Walnut Tree area continues to offer a vast selection of properties to suit every budget, style and size of family. Situated within the catchment area of some very good and extremely popular schools, this 3 bedroom property with a large conservatory is perfect for families wanting to put down roots in the area.
 

 
On the market for £190k, this property could achieve around £875 PCM on the rental market right now, but better than that it offers a great opportunity for future capital growth, as this is ALWAYS a popular area for homeowners and tenants alike, so you will always have options in years to come. Property such as this sold for around £170k earlier this year, so do try and negotiate on the asking price, but back in 2000 the typical asking price was £76k for this type of house, so if the vendor achieves their asking price then it would have grown by at least 150%
 
 
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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