Friday, 20 February 2015

Two Bedroom Bungalow on Quiet Cul-de-Sac (7.4% Gross Yield)

Given the UK population is ageing and renters are getting older (a trend that is only likely to continue as more home-owners sell up and live on the equity due to a lack of pension) bungalows such as this will be popular both now and in the long term

It's got a garden and off-street parking and looks to be in a decent condition, needing cosmetic decoration in certain rooms but the expensive rooms such as the kitchen and bathroom look to be perfectly acceptable

It's priced at £77,000 and based on paying this asking price and getting £475pcm rent it will return 7.4% Gross Yield

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