Good afternoon, I’ve just seen this property pop up and Rightmove
and thought it was worth a mention for all you potential landlords…
Ok so the external imagine isn’t that great and unfortunately
there are no internal pics (just yet anyway - maybe it’s because it’s just come
on to the market so the agent haven’t had a chance to up load them yet) but it’s
definitely worth a look!
It’s a modern terraced property with accommodation
comprising entrance porch, sitting room, kitchen, two bedrooms and a bathroom.
Outside is an enclosed garden to the rear and communal parking. Further
benefits include uPVC double glazing, gas radiator heating and no upper chain.
Tenants would pay around £650.00 pcm for this type of
property and O’Riordan Bond are advertising it for sale at £109,995, which
doesn't seem unreasonable in the current market and another benefit is it’s also
freehold, so no ground rents or service charges to pay!
If we do our yield calculations, based on these figures, you could be looking at a gross annual return of 7.0%!!
If you would like any more information about buying to let, feel free to give me a call 01604 607080.
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