A
bit of pre-Christmas cheer here – with a 3 bed, downstairs bathroom, Victorian
Terrace in the middle of Abington – one of the most popular Victorian areas. It’s
a little rough round the edges and would benefit from some general improvement
which we could easily deal with. Nothing drastic though.
Most
importantly it’s very rentable – we’ll get £800 for this fairly easily which
means a return of about 5.8% on a freehold property – pretty good these days
for one of the better areas.
This
property isn’t on the market yet, but will be soon and will sell quickly at
that price – there’s no movement on £165,000 – so an opportunity to get in
quick if you’re interested. richard.baker@belvoir.co.uk