We know these properties really well, having been involved in the purchase and subsequent letting of the next door apartment this time last year (see the full story here)
This property looks to still be in great condition, not too tired or worn out and maybe just in need of a quick clean before going on to the rental market. For sale now at £170k, this seems to be the benchmark for this development now, and with a projected rental income of £825 PCM this would show a gross yield of 5.8%, and with a decent level of demand around here from tenants who can then walk to the train station, this will always be an easy property to let.
Wolverton is seeing a growth in popularity these days, as people know the properties are just a little more spacious than those on modern estates, and of course you can walk to the station, 24 hour supermarkets and the local town centre for all your shopping and daily needs.
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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