Wednesday, 19 March 2014

Three Bedroom End Terrace in Popular Red House Area (+6.6% Gross Yield)

This 3 bedroom end terrace in the popular Redhouse area is being marketed at "a realistic price to attract a faster than normal sale". That's estate agent speak for they're desperate and it needs work...

Even allowing £10k for improvements on top of the 'Offers Over' price of £80,000 it will still deliver 6.6% Gross Yield based on a very achievable £495pcm

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