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
No comments:
Post a Comment