Monday, 12 January 2015

"Full Refurb" 2 Bedroom Milfield Terrace (7.2% Gross Yield)

This 2 bedroom terraced 'cottage' needs a full refurb throughout but at £64,950 there's scope to budget for this work and still deliver a decent return

It realistically needs a new kitchen and bathroom and following this, full redecoration & new flooring throughout

Given it's not the biggest property, budgeting £10,000 on top of the £64,950 asking price should suffice and it will then return 7.2% Gross Yield based on £450pcm rent 

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