Tuesday, 5 May 2015

'Ready to Let' 3 Bedroom Town End Farm Terrace (6.6% Gross Yield)

This 3 bedroom, 2 reception room mid-terrace in the popular Town End Farm area will get good tenant interest and looks like it needs no further work prior to letting

It will return 6.6% Gross Yield based on the OIRO £89,950 asking price and £495pcm rent

Whilst it may be possible to get higher yields elsewhere, this must be balanced against the risk of voids and in our experience 3 bedroom properties in this area are likely to attract long term working tenants (likely to be young families from the local area with a strong support network nearby) so this must be borne in mind

Click here for details https://www.onthemarket.com/details/1423204

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

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