There has been too many properties to choose from however this lovely 2 bedroom on Sharp Street stood out as a perfect first time investor house. It is at great value and i'm sure they would negotiate on the purchase cost, It has been well maintained and house like this are in high demand from tenants so voids would not be a big problem.
Although im styling this as a first time btl this is a strategy many landlords i speak to stick to as its always a safe return on your investment. Property similar to this in Warrington are on the market for around £75k to £85k and if maintained to a good standard and are ready for tenants to move in, then they can start giving you a great yield. Depending on the property you're looking at 6% - 8% sometimes slightly more. This particular property will rent around £495pcm bringing a yield of 7.4%
Click to view property
Although im styling this as a first time btl this is a strategy many landlords i speak to stick to as its always a safe return on your investment. Property similar to this in Warrington are on the market for around £75k to £85k and if maintained to a good standard and are ready for tenants to move in, then they can start giving you a great yield. Depending on the property you're looking at 6% - 8% sometimes slightly more. This particular property will rent around £495pcm bringing a yield of 7.4%
Click to view property
If you would like a chat about this in more detail, please feel free to email me on tpatel@hamlethomsproperty.co.uk or give me a call on 01925 235338, our office is just off crosfield street, 6 Bankside - next to Aldi and Icelands opposite Bank Park, if you are in the area then pop in, the kettle is always on.
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