Monday, 26 January 2015

Ideal First Time Investor Property 8% Yield



Morning house hunters.This is one for all first time investors, if you want a stress free deal, this is just the one for you!

This interesting property has just come onto the market in Bewsey, Warrington, opposite the hospital on Lovely Lane with Exceed Estate Agents for £69,950K. The house does not need any work doing to it, its in great condition, with two double bedrooms which will attract tenants very quickly so voids will be at a low, also the location is great for potential student doctors or nurses, 15 minutes walk into town.

These properties, should rent out for circa £475 per month, which would give you a cracking yield of 8%! Try getting that from the bank! out of interest, I spoke with a Landlord last week who told me his bank offered him a savings rate of 3% on £250K………what a laugh!

As always, if you are in the area then feel free to pop into the office, free parking available and the kettle is always on, in the mean time take a look at the link below to this property and if you want to talk through this particular deal then drop me an email on tpatel@hamlethomeswarrington.co.uk

Happy hunting.