Monday, 21 September 2015

Central! Oldbrook 3 bed semi with garage, £235k with 5.4% yield

Close to the centre of town, yet still in suburbia, and with the benefit of a garden and garage, plus good secondary schools located just across the main road, this house surely deserves some consideration.....
 
 
 
 
 
 
 
On the outskirts of Oldbrook, far enough away from the noise and bustle of the shops, this street offers some decent quality housing stock and would be a great base from which to walk to work in Central Milton Keynes, or even to walk over to the train station and commute further afield. With family friendly features such as a downstairs WC, private garden and a garage, this would appeal to many growing families who are struggling to find a decent rental property right now.
 
 
 
 
 
 
Offered for sale today at £235k, I would certainly try to get around £5k off the asking price, but even so this would go on to the rental market right now at around £1050 PCM, a yield of at least 5.4%. Best of all, family homes such as this tend to attract tenants who wish to stay for a number of years whilst their children attend the local school, and the stability and dependability of a reliable long term tenant is something that all landlords look for, so give the market what it wants and enjoy a long, happy tenancy.
 
 
 
 
If you struggling to find anything decent on the property market and need a little help finding potential bargains 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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