Friday, 16 October 2015

Great value - Oldbrook 3 bed house with conservatory, £225k with 5.3% yield

Close to the centre of town and the train station, yet still in suburbia, this 3 bed family home could be a great investment for someone looking for an inexpensive family friendly home.
 
 
 
 
 
Only one external photo is shown, but if you study the floor plan you will see it has a full width conservatory to add to its appeal, and the integral garage adds some flexibility for the future if you wish to convert this to another reception room. On sale now for £225k, this is a lot of house for the money, and would appeal to families with children at one of the two secondary schools just across the road, or where one partner works in Central Milton Keynes or has to take a train to work. At a current rental value of at least £995 PCM, this represents a yield of at least 5.3% possibly rising to 5.6% if the market is strong enough. This part of Oldbrook is a decent residential area which is much in demand, and with a great range of shops including Lidl & Tesco within walking distance it offers pretty much all of the facilities a growing family would need on their doorstep.
 
 
 
 
 

If you are one of the hundreds of investors reading this blog daily, why not take the next step and give us a call to see how we could assist you in your search for potential investment properties - or to ask about our thoughts on your own choices - call us now on 01908 562582, or pop along to our offices for a more detailed chat about your requirements and how we can help you.
 


 

 

 

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