Friday, 27 June 2014

Modern & Spacious 3 Bedroom Semi (5.3% Gross Yield)

This recently built 3 bedroom semi offers a lower Gross Yield than I'd normally put forward but I'm including it as we know the house, having let it when it was built a couple of years ago, along with the identical property next door

Having let them both in record time to good, very long term tenants we'd suggest this may be of interest to some looking for a more modern property (requiring less upkeep) and given it is likely to attract long term tenants, what you lose in Yield you'll make up in hopefully having less churn

It's on the market for £122,950 and based on £550pcm will return 5.3% Gross Yield - push it to £575 (or negotiate the price to around £118,000) and this rises to 5.6% - click below for details

If you're interested call me on 0191 567 8577 or email - I know the owner!

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