This vacant 1 bedroom house has so much potential, and is a great entry property for both the novice investor and a fantastic first home for a young professional. When we say it needs a little TLC, it really is a little, looking like just painting, maybe update some flooring and put a decent shower in the bathroom.
With an advertised price of £142.5k and offered with vacant possession, try to get a little wriggle room on the price and then spend a couple of thousand pounds at most to lift the appearance of the property, this would then go straight back on to the rental market at £650 showing a yield of 5.5%. The best thing about this property is that it is in a very tenant friendly and appealing area, with fantastic road links to the M1 motorway, and world class employers such as The Open University and Red Bull Racing on the doorstep. With a traditional house layout, small garden and parking space, this is exactly what such a young tenant would like from a property, and they let with fantastic ease once they are tidied up and presented well.
The details of this property have already been forwarded to a number of our interested subscribers who are currently looking for such an investment. If you are one of the hundreds of other potential 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 to see how we can help, or send us an email.
 |
| miltonkeynes.enquiries@belvoirlettings.com |
No comments:
Post a Comment