Friday, 24 April 2015

Four Bedroom Pennywell Semi (8.4% Gross Yield)

Four bedroom ex-council properties such as this are pretty rare, and looking at the property photos it's in a good condition so it should appeal to larger working families 


Some of the decoration is a little 'personal' so it could do with a lick of neutral paint but other than this it's 'Ready to Let' with a decent kitchen and bathroom, a small rear garden and ample off-street parking for a few cars

Given properties of this size don't crop up that often it will be popular and should achieve £595pcm - this will give a very good return of 8.4% based on the 'Offers Over' £85,000 asking price

Its last sale was pre-credit crunch in 2007 when it was bought for £110,000 so there's room for some capital growth too

Click here for details http://www.zoopla.co.uk/for-sale/details/36557760 

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

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