This property caught my eye whilst having a look through Rightmove today, as a potential property for buy to let...
It’s a Victorian terrace house located in the ever
popular Abington area, and what’s great is it’s recently undergone a
refurbishment program so you should be able to buy it, simply advertise it and rent
it out straight away without having to spend out!
The accommodation comprises entrance hall, sitting room,
dining area, refitted kitchen/breakfast room with built in appliances, cellar,
landing, bedrooms and a bathroom. There is an enclosed garden to the rear and it
has gas radiator heating and uPVC double glazing.
Williams Alder have got this on the market for offers in
the region of £139,500 and you would be looking at a rental price of around £650.00
pcm, so has the potential to gross you a pretty nice yield around the 5.6%
mark!
This is the link for more info…
On top of that, another useful thing for consideration would be buying a condo, especially one that is in the vicinity of a university or near some public transit; this would be an excellent move as it would allow you to rent it for several years before you finally decide to sell it. A lot of statistics show that the real estate market will be expanding in the upcoming years and it is one serious thing to consider.
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