Tuesday, 16 December 2014

3 Bed House in Warrington with a 8.8% Yield Potential.

This house has just needs a lick of paint and a little tidy id recommend Nice and light & neutral, exactly what the doctor ordered! Great area for rentals and being a 3 bed house means it will attract families as this area is popular for schooling and as its only a 5 minute walk into town.

It has just come on the market for £69,950 and I would expect that £550 pcm would be more than achievable rent wise for it at least. If you do your sums based on these figures, you would be looking at an annual return of 8.8%.

With this style of property as well, being a family home, means that you will have a lower turn over of tenants, as families generally want to be settled somewhere, rather than moving around every year. This means that that you will save on the letting costs to find new tenants as well. Win win I say.

We post many good deals on this blog, if you decide this one isn't for you, follow the blog and you will be notified when the next one gets posted then 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 me now on 01925 235 338 or drop me an email on tpatel@hamlethomesproperty.co.uk

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