Thursday 1 September 2016

Investment opportunity, 2 bedroom house in Bletchley for £190k

Todays property is a 2 bedroom mid terrace house, with ready made investment potential, located in the racecourses estate on the edge of Bletchley, with a tenant already in situ.

The details of this are a bit thin on the ground and no internal photos, but if you speak with the agent I'm sure they can advise you on such things as the state of the boiler, internal decoration, any outstanding repairs and of course arrange an internal viewing for you. It is on sale for offers over £190,000, but with a current rental of £695pcm, this would achieve a relatively low gross yield of approximately 4.3%. However similar properties in the area have rented for up to £825pcm, which would return a much healthier yield of 5.2%, making this a much more attractive investment opportunity.


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, or pop along to our offices for a more detailed chat about your requirements and how we can help you.






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