Tuesday, 3 February 2015

Three Bedroom Town End Farm End Terrace (7.7% Gross Yield)

Town End Farm is a popular area for good, long term working tenants and 3 bedroom properties are more sought after than those with only 2 bedrooms...so this property certainly looks worthy of investigation

It needs a bit of work, redecoration & flooring are a must and I suppose the kitchen could be let as-is but it would be far better to update it to attract the best quality tenant

The shower room is modern but the lack of a bath may limit interest from families

Overall, spending £10k on improvements over the £75,000 asking price will return 7.7% Gross Yield, based on a realistic £550pcm rent

Click here for details https://www.onthemarket.com/details/1093921/

Call us on 0191 567 8577 or email neil.whitfield@belvoirlettings.com for more information  

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