Every month that passes by, these fairly solid 3 bed houses from the late 1980s on Furzton become better value - where else could you get a decent 3 bedroom house plus garage on a decent estate at this price?
On the market today for £210k which is great value for money, you would be able to have this on the rental market with virtually nothing else needed except the usual legal compliance issues addressed, and with an anticipated rent level of at least £950 PCM this would show a 5.4% yield, quite acceptable for a property of this size and specification.
So who wants a 3 bedroom house around here? Well 921 searched specifically for Furzton by name last month, whilst 70,535 looked for a house like this anywhere across Milton Keynes. Family sized 3 bed homes always attract longer term tenant families as well, so once they are in they are highly likely to stay for a good few years, this adds some stability to you with fewer re-let and re-marketing fees over the life of the house, another benefit to you as the landlord.
If you are one of the hundreds of investors reading this blog daily, why not take the next step and give us a call to see how we could assist you in your search for potential investment properties - or to ask about our thoughts on your own choices - call us now on 01908 562582, or pop along to our offices for a more detailed chat about your requirements and how we can help you.
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