Another clipper home here, small but well presented. Again on the Watermeadow Drive estate, NN3. When these things come up they are nearly always snapped up by investors without delay (see the history section of this blog) as they are literally the cheapest FREEHOLD opportunities in town. They are popular with tenants too - this one looks to be in quite good shape, so we'd expect to get £550 for it as we have done with other similar ones in the last few months. Difficult to get a better return on a freehold investment at the moment unless it's a HMO. Not rocket science, this one - please contact me by email if interested - richard.baker@belvoir.co.uk
Rough Figures
Rough Figures
Purchase Price
|
£115,000
|
Annual Income
|
£6,600
|
Net Return / Yield
|
5.73%
|
