Wednesday, 7 January 2015

Check out this New Year Gem



We're all back to normal now, business is as normal so thought I would share this midweek gem in Warrington town

It's on the market with bridgfords and looks to me as though it is priced to sell at £80,000, which in my opinion due to the area this is over priced and especially at the time of year we are in i think it could go for £70,000

Properties similar to this, in this location would rent realistically in the region of £500 pcm and will attract professional tenants.

So, doing our sums based on a £70k purchase price and a rent of £500, you would be looking at a potential gross yield of around 8.5% per year. Better than any savings account!

http://www.rightmove.co.uk/property-for-sale/property-47821081.html

If you would like any advice on where (or where not) to buy, feel free to give me a call or drop me an e-mail tpatel@hamlethomesproperty.co.uk

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