Monday, 2 June 2014

Three Bedroom Semi in Farringdon (6.6% Gross Yield)

This 3 bedroom semi is described by the selling agent as in East Herrington. It's not. It's in Farringdon but that doesn't mean it won't let!

It's priced at £89,950 but the tell tale 'Do Not Use' tape visible on the appliances suggests a repossession, so it may be possible to strike a hard bargain

Even based on £89,950 and £495pcm rent it will achieve 6.6% Gross Yield but I'd recommend knocking a couple of thousand off at least to cover the cost of the redecoration & some replacement flooring that will be needed to attract a Good Tenant

Call us on 0191 567 8577 or email for more information

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