Tuesday, 10 February 2015

Check this little number out in Warrington

Good morning property hunters, i know its been a while since i put a property deal on the blog. It has been a pretty busy few weeks, but i have come across a little gem for the right investor, try to keep an open mind with this one.

This is a 3 bedroom semi, with the right work it would make a lovely family home, the house is on the market for £105k, now in 2007 similar houses on the same road where selling at around £160k, expected rent on this house is £650pcm and from experience when a three bedroom semi comes onto the rental market they go quick and they tend not to have many voids. I would estimate around £10k refurbishment costs. This house will give you a yield of 6.8%. 

Now i know on previous blogs i have posted properties with much higher yields however in the case of them properties where the yield is high the capital appreciation isnt always the greatest, with this 3 bedroom semi, you are still getting a good yield and as history shows this property will appreciate in time

If you're a first time investor or you've been investing for many years, this is an opportunity that can not be missed.

It is on the market with Bridgfords Pick up the phone and start to arrange your viewings. This will get snapped up quick.

Rightmove link to property

If you would like some advice about buying to let, whether you are a landlord with an existing portfolio or someone thinking of investing in the Warrington rental market for the first time, please email me on tpatel@hamlethomesproperty.co.uk  or pop into our office on Crosfield Street, 6 Bankside, free parking available at the front of the office in Warrington.
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