Would you like to invest in the centre of a bustling community, just a few streets away from the West Coast mainline station, all wrapped up in a modern shell?
This fairly modern terrace is an addition to the Victorian and Edwardian terraces which otherwise dominate Wolverton. With a private rear garden, gas central heating, modern bathroom and a conservatory, this offers huge value for money in anyone's book, and would be sure to attract a young professional couple or a very young family (there is also a primary school literally on the doorstep, and the shops and facilities are no more than a 5 minute walk away). With an asking price today of £175k, this is a 29% increase in value in the 7 years since it was last on the market, and is around £20k less than the equivalent property on a more modern estate in the newer parts of Milton Keynes, yet with a very similar rental value of around £830 PCM - a healthy 5.7% yield. Demand may be just slightly less than areas such as Walnut Tree or The Shenleys, but it is a different market you are targeting here - train commuters, people with family locally and no car, young families who don't necessarily wish to be miles out and isolated etc., and there would be no problem in finding suitable tenants who would be happy to live here.
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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