Monday 12 October 2015

Solid, spacious 3 bed house in Wolverton, £215k with 5.9% yield possible

These huge family sized homes are very popular in this area, and with off road parking for 2 cars to the rear, this one really works.
 
 
 
 
 
 
There are currently a small number of such houses for sale in this area, but this is the cheapest, and it may be reflected in some of the work that may be needed internally, so do get along and inspect it for yourself. At an asking price of £215k this wouldn't hurt if it needed some further investment and would still show a healthy return on investment, and with an anticipated rental value of £1050 PCM this would show a 5.9% yield, very good for such a lot of property. With no upper chain, multiple reception rooms, 2 bathrooms and all the essentials in place (UPVC windows, gas central heating, upstairs bathroom, utility off the kitchen) this won't last long at this price, and demand will be high from potential tenants - last month, the 3 bedroom houses at this price level and on these handful of terraced streets had 3034 searches on Rightmove alone.
 
 
 
 
 


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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