I Spy..... A few things have caught our eye this week, and all less than £120k which is unusual. As ever it's going to be a case of calling the agents involved and seeing if there's anything left - the market remains feisty(!) so a lot of deals will have been done already. We've spotted..............
£70,000 - A good budget option - this will rent for £430 at least to a working tenant - a return of over 7%.
£75,000 - These things are always popular and will rent for at least £500 in good order. It's in an excellent location too - the catch is it's off to auction so the suggested price of £75k (a bargain) could end up being much higher.
£84,000 - This has been around for a couple of weeks, is in immaculate condition and will tenant quickly at £550PCM. I'm guessing some people are put off by the area - they needn't be - you'll rent this and get a return of over 8%.
£105,000 - A very good area - will rent for minimum £525PCM and is ideal if you're bothered about WHERE you invest.
£110,000 - A wildcard! This is freehold, brand new, and I understand there may be some movement in the price. I'm seeing it later today, but there should be no problem at £500PCM so the return will be pretty good. UPDATE : Been there, seen it, not bowled over!
£115,000 - Again this has been around a while. I think it's a repossession and I'm not sure why it hasn't sold. One of the best areas of town, and an easy £600 in rent means this is a bargain as long as the service charge is sensible.
Any queries on any of these, please get in touch.