I speak to a lot of investors who want FREEHOLD properties on a budget! These aren't easy to find in the current market unless you're happy to pay £135k+ for a Victorian Terrace around town.
But something like this - http://www.rightmove.co.uk/property-for-sale/property-36983148.html - is worthy of consideration - this property has now been reduced to £120,000 by the selling agent and is a good buy for that money.
Clearly it needs some improvement - a new bathroom for starters - but we'll have that done in a week, and this will rent for AT LEAST £625 per month offering a good initial return with no service charges. It will appeal to people who are able to look at the figures rather than the beauty of the building!
But something like this - http://www.rightmove.co.uk/property-for-sale/property-36983148.html - is worthy of consideration - this property has now been reduced to £120,000 by the selling agent and is a good buy for that money.
Clearly it needs some improvement - a new bathroom for starters - but we'll have that done in a week, and this will rent for AT LEAST £625 per month offering a good initial return with no service charges. It will appeal to people who are able to look at the figures rather than the beauty of the building!
