Sometimes we see properties advertised at what appears to be well under market value. Now nobody wants to give something away for nothing, so try to find out if this one could be a gem or could be a horror story.....
In a fairly ordinary part of a West Bletchley estate is this 4 bed semi. Looking at the external photos it tells me that it hasn't been cared for, or has been vacant for rather a long time. Now even if this took some capital expenditure to get it up to speed, it would still make a nice family home, and with the train station within walking distance it has a broad appeal. Even if your total spend on this reaches £220k with renovations, you would still see a 5.7% yield, but of course if you can get away without such a spend then the yield is likely to be well over 6%, which is amazing in the strong market conditions right now. Click the link below and have a look for yourself:
If you really can't find what you are looking for on the property rental market and need a little help finding gems like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.
 |
| miltonkeynes.enquiries@belvoirlettings.com |
No comments:
Post a Comment