Wednesday 13 May 2015

Oldbrook 2 bedroom terrace, may need some work, £170k with 5.5% yield

This 2 bedroom terraced house looks like it may need some attention from the scant details and lack of internal photos ( note the weeds outside the front door as a bit of a giveaway as to what you may find inside).
 
 
 
 
 
This is on the market for £170k and could well achieve £775 PCM if it was cleaned and finished to a decent standard (no ropey old kitchen units or odd coloured bathroom suites please, they just don't work for 2015!) and this would give a yield of around 5.5%. Demand is very strong for 2 bedroom houses currently, in fact we can't remember when it has ever been slack but just now it is off the scale, and being within walking distance of Central Milton Keynes and the mainline train station, it would appeal to a large number of professionals as well as young families.
 

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miltonkeynes.enquiries@belvoirlettings.com

 

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