Monday, 24 November 2014

Three Bedroom Redhouse Mid Terrace (7.4% Gross Yield)

Three bedroom properties in Redhouse are always popular with local family tenants so this mid-terrace will be popular

The kitchen and bathroom look just about passable but it definitely needs full redecoration and new flooring so I'd budget on a minimum of £5k for improvements

It's being advertised at OIRO £75,000 so based on a total spend of £80,000 it will return 7.4% Gross Yield 

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