Houses in this condition are rare, and at this price it really won't be around for long and will make a fantastic buy-to-let investment.....
On the established Crownhill estate, this area has seen a resurgence of demand in the past few years, as there are excellent schools and new shopping facilities locally now, along with a huge new residential development about to come online just across the road, and this is not only lifting prices but injecting a bit more life into this erstwhile sleepy estate.
The property needs virtually nothing doing to it in order to hit the rental market, and at £185k represents true value for money. Rental values around here would see this achieve at least £850 PCM which is a 5.5% yield, and remember this is a freehold house in top condition, just screaming out to professional tenants to come and live here. I haven't seen one this nice for a while, they are typically owner occupied hence the money spent on internal fittings is substantially more than a typical landlord would spend on a rental property, and it is small details like this that will elevate it above its peers.
If you struggling to find anything decent on the property market and need a little help finding potential bargains like the one above, speak to us about how we can keep you appraised of the latest opportunities before the rest of the pack. For more information about other potential investment properties that we could introduce you to (such as ready tenanted properties for sale by our existing landlords), or to ask about our thoughts on your own investment choices, call us now on 01908 562582 or send us an email.
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