Warrington Property Blog: 7.4% Yield For A Starter Home in Warrington

Thursday 23 October 2014

7.4% Yield For A Starter Home in Warrington

These little starter homes are really popular with tenants, because the location's great and they are very affordable, being around the £450 pcm, however with this property as it has two reception rooms that extra space adds rental value and this will rent all day long for £495

This house is on the market for £80,000, I would definitely put an offer in for this if you are looking at investing in the area, houses similar in the same area are selling for about £90k. If you could get it for the price wanted, this would generate you an annual yield of 7.4%, which is about the going rate in the Warrington area at the moment.

Be quick, i really cant see this one hanging around for too long, it is on with Home Estate Agents Warrington.

check link below for more details on this property

If you are looking to invest in the area and want some advice, just drop me an e-mail on tpatel@hamlethomesproperty.co.uk

http://www.rightmove.co.uk/property-for-sale/property-48846713.html

1 comment:

SEO5 January 2022 at 13:47
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About Me

I have been in the Warrington property market since 2004, owning and running, the Hamlet Homes office in Warrington with my excellent team.

I have always shared my thoughts on the local property market in Warrington with my landlords, but now I want to share with everyone with an interest in property in Warrington.

In my blog, I will talk about what is happening in the Warrington property market itself, even looking at specific streets or housing estates. At other times, I will post what I consider decent buy to let deals. I like to look at the whole of market and give you, what I consider to be, the best buy opportunities.

If you see a potential deal, and want a second opinion, email the link to manoj@hamletwarrington.co.uk and I will always give you my honest opinion on the property and its investment potential – good or bad.