Monday 28 September 2015

Unusual 2 bed apartment with garage on Bluebridge, £170k with 5.6% gross yield

Bluebridge is a very quiet location, consisting of just a handful of streets and has a very peaceful ambience, perfect for those that seek some tranquillity after a long day at work.
 
 
 
 
 
 
This property has benefitted from a number of very useful and costly improvements over its lifetime, such as UPVC double glazing & gas central heating, along with the provision of a single garage and a large pleasant communal garden - this therefore offers quite a lot for the money, and given a quick paint here and there to neutralise some of the colours it should then rent quite quickly given the strength of today's rental market. We have let two similar properties on this estate over the summer, and they were very popular indeed, both attracting good quality professional tenants who chose not to live in the hustle and bustle of a larger estate.
 
 
 
 
 
 
Offered for sale right now at a shade under £170k, we would suggest a rental valuation of around £795 PCM which is a gross yield of 5.6%. Knowing the market as we do, we are currently finding it very difficult to get anything with 2 beds in a decent area for less than this, so if you are looking for an entry price 2 bed property then this could be the one for you. If this was on our rental stock today, our existing database has at least 6 applicants looking for just such a property, and we would be able to conduct viewings without delay and potentially have a tenant secured within days.
 







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.



 
 

 

1 comment:

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