Anyone looking for a bargain, this could be it - a 2 bedroom house with garage and conservatory, on a quiet estate yet within walking distance of Milton Keynes train station and a large retail park.
The details of this are a bit thin on the ground, but if you speak with the agent I'm sure they can advise you on such things as the state of the boiler, internal decoration, any outstanding repairs and of course arrange an internal viewing for you. Even if the price shoots up close to £200k, this is still a viable investment opportunity, and prices in this street for similar house have risen from around £160k in 2013 which is a 17% increase, very much inline with the market average increase across the city. Decent 2 bed houses are always popular, so don't be put off if this needs some work, because it will repay you in time providing you update it correctly and sensibly, and appropriate for the target market. Rents today for this house in a properly prepared condition would be around £850 PCM, and show no signs of easing at the moment, so do give it some serious thought as it is a very good long term buy-to-let opportunity.
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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