This maisonette that we are talking about today would really suit the entry level market, particularly appealing to youngsters just out of University or a young couple starting out in their first home.
With an asking price of £130k, it could really do with UPVC windows being fitted to update the wooden single glazing, and some decorative updates here and there which would add around £5k to your costs - even so, if rented today at around £675 PCM this would still give a yield of between 6.0 - 6.2% which is very good in Milton Keynes at this time. Demand is high for such properties, and with this having its own private garden as well, it won't hang around for long. Last month there were 73,932 searches which would have put this property in front of applicants, so you can see the high number of people chasing this every month.
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.
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| miltonkeynes.enquiries@belvoirlettings.com |
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