This property should be very familiar to us, as we already manage 2 others in this terrace and at one point managed another as well.
A pretty little 2 bed starter home on Kents Hill, it only has a communal garden but what a great proposition this is, and freehold as well. Offered for sale today at £175k with most of the important work already taken care of, this represents a decent opportunity to acquire a very popular type of property in a decent area, serving employees of The Open University, Red Bull Racing and is a fantastic base for a London commuter, with quick and easy access to the M1 motorway.
The rental market for such a property is very strong, with continual high demand for this size and price of house, and today we would market this at around £795 PCM, a 5.5% yield, very good in this strong market. It also would have a very long term future, being located on a family friendly estate with all amenities on the doorstep, there will not be a problem finding tenants for this over the coming years.
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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