The asking price is £76,000 and similar properties are renting in the area for £525 - £550 pcm, even basing it on the lower figure, it's still 8%. The property looks like its in great condition however if this is purchased as an investment i would decorate all the rooms to a neutral colour. My estimate yield figure includes £4000 refurbishment. The type of tenant you tend to attract in these areas are long term families, so voids will be at a low.
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I'm always available for a chat if you fancy it, so come on down for a cuppa or email me on tpatel@hamlethomesproperty.co.uk
I'm always available for a chat if you fancy it, so come on down for a cuppa or email me on tpatel@hamlethomesproperty.co.uk
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