Our suggestion today is a nicely presented 3 bed family home on Pennylands, with plenty of space for a young family.
With 3 decent sized bedrooms, a beautiful kitchen and family bathroom, downstairs WC and a spacious and private rear garden, this is very well appointed for the price point and represents good value in todays market for an investment landlord - with the best 2 bed houses commanding a very similar price, this is sure to be snapped up quite quickly. Offered for sale at £235k, I would see if there is any room for a deal to be done this side of Christmas for a few thousand pounds off, and this could be on the rental market in the early part of 2016 for around £1100 PCM, a very respectable 5.6% yield.
Family 3 bed houses are great long term rental options, as families tend to stay for a number of years once they have their children settled into local schools, and this particular property looks well kept and updated by its current owners, which bodes well for future maintenance issues. With over 65,400 searches on Rightmove last month for a property such as this, you can be sure it will be in high demand and will be on a lot of shortlists for viewings when it goes on to the rental market.
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.
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