With the summer period over we've seen a little more value creep into the market in recent weeks. This has been needed - in 2018 there's been a lot of over-valuing by Estate Agents who are desperate to win business, there are still bog-standard Alpha House flats advertised at £160k+ when everyone knows they are worth about £130k. But September has also seen a couple of decent deals that are "priced to sell" and I highlight a couple below.
£90,000, Leasehold, rent for £550
The agent isn't forthcoming with the lease details but assuming they are OK, this looks to be a well located and well presented property that will rent until the cows come home.
Full details here https://www.zoopla.co.uk/for-sale/details/48019880
£100,000, Leasehold, rent for £550
This is similar and the same comment applies about the lease. This one is tiny but well presented which is what tenants like.
Full details here https://www.zoopla.co.uk/for-sale/details/49047361
£125,000, Freehold, rent for £700
My customers have picked up 5 or 6 of this type of property in 2018 when they've become available at this sort of price. You're buying something that you know needs work but these things are easily priced up - for £12k you can get everything like new and you won't need to get involved. You're then left having spent £137k on a property that at that point is worth about £150k and will rent like clockwork. We can show you a couple of finished examples as required.
Full details here https://www.zoopla.co.uk/for-sale/details/48471574
The agent isn't forthcoming with the lease details but assuming they are OK, this looks to be a well located and well presented property that will rent until the cows come home.
Full details here https://www.zoopla.co.uk/for-sale/details/48019880
This is similar and the same comment applies about the lease. This one is tiny but well presented which is what tenants like.
Full details here https://www.zoopla.co.uk/for-sale/details/49047361
My customers have picked up 5 or 6 of this type of property in 2018 when they've become available at this sort of price. You're buying something that you know needs work but these things are easily priced up - for £12k you can get everything like new and you won't need to get involved. You're then left having spent £137k on a property that at that point is worth about £150k and will rent like clockwork. We can show you a couple of finished examples as required.
Full details here https://www.zoopla.co.uk/for-sale/details/48471574
