Tuesday, 14 April 2015

Modern 2 Bedroom Semi on New Build Estate opposite historic Hylton Castle (7.3% Gross Yield)

Some Landlords like properties that need work and others prefer them ready to move into...this 2 bedroom semi on a new development next to Hylton Castle is certainly one of the latter

It's ready to let and at £89,999 looks to be a a decent 'low involvement' let that will be popular with a range of working tenants (I'd imagine mainly young couples or a family with a young child) and will deliver a pretty healthy return

Based on paying the above and achieving a realistic £550pcm rent (given the newness tenants will be willing to pay a premium vs an older style property) it will return 7.3% Gross Yield

Click here for details http://www.rightmove.co.uk/property-for-sale/property-51616448.html 

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

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