How about a decent sized 3 bed terraced house on the ever popular and leafy Emerson Valley estate? Situated close to the linear park and with great local schools, this could be a larger house for a long term tenant family and is sure to be popular.
Offered for sale today at £240k with a garage, 3 good sized bedrooms and a fair sized garden, this will appeal to families who want to put down roots and settle their children into the local schools, so having a void should not ever be a worry with this one. On todays rental market I would suggest a price of around £1050, which would be an initial yield of 5.3% but don't forget that rents are rising quite quickly at the moment, and this is mainly due to the very high demand in the local market, so a decent long term return is assured from this property.
** STOP PRESS, THIS HAS NOW RECEIVED AN OFFER, SUCH IS
THE SPEED OF THE MARKET AT THIS TIME **
If you are thinking of getting into the property rental market as a new investor and don't know where to start or what to look for locally, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or email us on miltonkeynes.enquiries@belvoirlettings.com
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