Thursday, 10 March 2016

Extended 4 bed house, West Bletchley, £240k with 5.5% yield

How about an extended home now, they say up to 5 bedrooms but realistically it is 4 bedroom with a separate reception room.........
 
 
 
 
 
 
Originally a 3 bed semi with a garage, the garage been converted to a bedroom with a linked downstairs WC (possibly a 'granny annex'), an extended kitchen and another room which could be a small bedroom/office/dining room have also been added to the rear. In reality, this makes an interesting space for growing families, as they can have a children's play room or TV room along with guest accommodation or a teenagers bedroom and WC to the rear of the building.
 
 
 
 
 
 
With an asking price today of £240k, it represents fair value for such a large house, and being in the catchment of good primary schools really will appeal to the family market. This street is very well established and has a good reputation locally, and is part of the Scots Estate within West Bletchley, a safe and friendly environment in which to bring up children. With shops and services all just a few streets away, along with well served public transport links and leisure close by, it makes a strong case for itself to family oriented tenants. This would rent today for around £1100 PCM, a decent 5.5% return for a savvy investor, so do get along and have a look at the rest of the property to see how it all measures up
 
 
 
 
 



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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