You don't always have to spend a King's ransom to pick up a decent rental property, some need a bit of TLC and are offered at a sensible price, today we have one such property.....
With no internal photos, this tells me it is either already rented, or it needs some work, so do investigate further and arrange an internal viewing. With many schools located within a very short walk, easy access to Central Milton Keynes by foot, the mainline train station just 8 minutes walk away, and decent internal specification, this would make a good family home for long term tenants. Offered for sale at £220k today, even if you had to invest further to improve or refurbish, this would repay itself in the long run as the area is suitable for a family with all facilities they require on the doorstep. Rented today in good clean condition, this would achieve at least £995PCM (a 5.4% yield), maybe more if the quality and space is attractive and appeals to growing families, but remember it is all subject to internal viewings. With a garage and driveway, en-suite bathroom & downstairs WC, this appears to have what a family would want, so don't delay and speak to the agent before the next investor grabs the opportunity.
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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