An opportunity here on a property that's been much improved by the current owner and has rented well for a number of years. It's a 3 bedroom house (so no service charges) in Thorplands - currently tenanted at £650PCM which will increase to £675PCM later this year. The owner wants it advertised at £139,995 which will happen later this week. So a net return of 5.7% for someone.
I can email full details on request on this one - richard.baker@belvoir.co.uk
As well as this being a high demand area for rentals, this property has had new fascias, a kitchen, bathroom, flooring and decoration in recent years so it's pretty well set up for being low maintenance over the coming years. I own an almost identical one on the same estate and it's one of my best performers in terms of being low maintenance.
