Thursday, 23 July 2015

Unusual freehold 2 bed coach house with garage and garden, £185k with 5.4% yield

Todays offering is essentially a semi-detached first floor flat, with garage, driveway and private rear garden, and all FREEHOLD.
 
 
 
 
 
 
It looks like all the major work you would need to have done has already been taken care of - gas central heating, double glazing are sought after at this level of the market, where it would be more typical to see electric heating and older wooden windows. And where else would you get a flat with a garage and a garden, it's virtually unheard of!
 
 
 
 
 
 
On the market today at £185k, I would get along without delay and speak to the agent about viewing this. If it were to go on to the rental market at this time, we would expect to be able to rent this for around £825 PCM which represents a yield of 5.4%, pretty healthy for a non-project property in a quiet, residential cul-de-sac. For the 79,968 applicants looking to rent a 2 bedroom apartment such as this during the last month, this would have been a very interesting and unusual proposition which they could not have imagined was out there.
 
 
 




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
 
 



miltonkeynes.enquiries@belvoirlettings.com

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