Wednesday, 12 November 2014

7.4% Yield on Longshaw Street



In the last couple of days, I've spotted this modern 3 bedroom house come to Rightmove. These houses always rent really well as they offer great size accommodation and easy access to main road links. Click on the link below for more details.
This one has come on the market for £79,950 with Ashtons and you would look to achieve rent in the region of £525 pcm. The property would need netural decor throughout and possible new kitchen so £5k refurb cost have been factored in when looking at the yield, based on these figures and not taking into account a discount off the asking price, you are looking at a gross yield of 7.4%.
This type of house will not be on the market for long, so come on property pickers start picking up the phone and arranging some viewings.

If you have any questions at all, please give me a call, or pop me an e-mail over to tpatel@hamlethomesproperty.co.uk


http://www.rightmove.co.uk/property-for-sale/property-47022652.html