Today I've come across this little period property and
thought it was a potentially good property for investment. It's a nice two bedroom terrace house situated in the popular 'with tenants' location of The Mounts.
Howkins and Harrison are the marketing agent and they
have listed it for £135,000, and to me from the details it looks like it’s in an 'available to rent' condition immediately upon completion.
I would suggest a rental valuation in the region of £600.00 - £650.00 pcm. So,
potentially you could be looking at an annual return of 5.3 - 5.7% before fees
etc.
At the moment, property is not hanging around, so if you
are interested, you best go down to the agents to see about how to go forward.
No comments:
Post a Comment