Wednesday, 18 February 2015

Two Bedroom Semi in Town End Farm (Auction Sale but 6.7% Gross Yield is Realistic)

This 2 bedroom semi in the popular Town End Farm area is being sold at auction with a Guide Price of £55,000

There were two sales of comparable 2 bedroom properties in this street in 2014 and these went for £84,950 and £83,500 respectively 

Given this has a decent size rear garden and off street parking it could be popular with young families

The property to appears to be in a condition that can be let with a coat of paint throughout - it has laminate flooring and a basic but useable 'lettings standard' kitchen and bathroom, so based on a total investment of £85,000 and £475pcm rent it will return 6.7% Gross Yield

Click here for details 

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