Smaller properties on Walnut Tree are very popular, as you have some great local employers right on the doorstep and often have professional people moving in and out of jobs here, but they don't want to be far away from work or an area they know.
This first floor 1 bedroom maisonette offers all that one might need, whether it be for a single professional or a young couple looking to start out with their first little home. A decent kitchen and bathroom, coupled to a spacious front room in neutral colours & styles will ensure this attracts the right kind of tenant, and whenever we have such properties they don't stay on the market for very long at all, demand just never drops off for entry level properties. The rental value today would be around £650 PCM, so at a purchase price of £135k with no onward chain, this would represent a gross yield of 5.8%. I would expect this to re-let each time with no real problem, and at this level of the market there are always tenants looking, so don't worry about the size of any future market with this one.
If YOU want to be the first to know about what would make a great Buy To Let investment that is currently available either on the open market or via our own sources (landlord to landlord sales etc), call or email us now and get your name put on our Premier Investor list on 01908 562582, pop through the door of our offices on London Road in Stony Stratford or send me an email.
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