Smaller properties are very popular with the working professional
and this one bedroom maisonette should be no exception. Situated close to the primary school, it would be perfect for a teacher.
This ground floor 1 bedroom maisonette offers all that
one might need, whether for a single professional or a young couple looking to
start out with their first little home. A modern kitchen and bathroom, with a good sized front room will ensure this attracts the right kind of tenant,
and whenever we have such properties they don't stay on the market for very
long at all, demand just never drops off for entry level properties. The rental
value today would be around £650 PCM, so at a purchase price of £130k with a
long lease in place, this would represent a gross yield of 6%. I would
expect this to re-let each time with no real problem, and at this level of the
market there are always tenants looking, so don't worry about the size of any
future market with this one.
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 to
see how we can help, or send us an email.
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