My daily scour of property portals has revealed a couple of decent options today!
http://www.rightmove.co.uk/property-for-sale/property-35634645.html
This is a modern 2 bed house for £125,000 which isn't easy to do in the current market. It looks to be in decent order too with very little required to get it tenantable. On this estate you need to check how it's heated and whether the heaters in there are sufficient to do the job - but upgrading isn't a big job or cost.
It isn't the best area of town, but we'll rent it privately for MINIMUM £600, making the figures as follows.
http://www.rightmove.co.uk/property-for-sale/property-53722334.html
The other is a 1 bed cluster at £95,000. Again it looks in decent order, and again you need to check the heating. This time we'll get £500 a month for it, but it's just as lettable and in a similar type of area.
You'll need to contact the selling agents if you want to see these, but please let me know so I stop sending others over. As ever, happy to view for out of area buyers if required.
richard.baker@belvoir.co.uk
http://www.rightmove.co.uk/property-for-sale/property-35634645.html
This is a modern 2 bed house for £125,000 which isn't easy to do in the current market. It looks to be in decent order too with very little required to get it tenantable. On this estate you need to check how it's heated and whether the heaters in there are sufficient to do the job - but upgrading isn't a big job or cost.
It isn't the best area of town, but we'll rent it privately for MINIMUM £600, making the figures as follows.
Purchase Price
|
£125,000
|
Headline Return
|
5.75%
|
Rent
|
£600.00
|
Tenure
|
Freehold
|
http://www.rightmove.co.uk/property-for-sale/property-53722334.html
The other is a 1 bed cluster at £95,000. Again it looks in decent order, and again you need to check the heating. This time we'll get £500 a month for it, but it's just as lettable and in a similar type of area.
Purchase Price
|
£95,000
|
Headline Return
|
6.3%
|
Rent
|
£500.00
|
Tenure
|
Freehold
|
You'll need to contact the selling agents if you want to see these, but please let me know so I stop sending others over. As ever, happy to view for out of area buyers if required.
richard.baker@belvoir.co.uk
