Monday, 8 June 2015

Deal to be done on this 2 bed flat in Warrington 8.4% yield

Good Afternoon fellow readers, its been a nice warm weekend but that didn't stop me from keep an eye out on what deals can be made on the Warrington property market.. Every landlord has their own strategy however sometimes if the numbers stack up on an investment you normally wouldn't go for it may be worth the punt rather than putting all your eggs in one basic you can share the risk across a few different styles of property.

So this afternoon i decided to have a little nosey on rightmove and came across this little beauty. Its a 2 bedroom flat with a tenant already in the property paying £525 now the flat is on the market for £75k (may be room to negotiate) however on them figures alone that's yield of 8.4% 

Remember with flats like these there will be maintenance and service charges possibly other charges as well - its worth ringing up the agent and getting all the numbers and factoring that in. You will attract working professionals preferably a couple with a child as schools are close by and when a family move in they tend let the property for a lot longer.

Don't hang around on this one, arrange a viewing and make an offer. If you would like to discuss this in more detail drop me an email on or pop into the office we are at 6 Bankside, Crosfield Street.The Kettle is always on

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