Wednesday, 25 November 2015

Versatile "Full Refurb" 3 Bedroom Terrace (7.0% Gross Yield)

This 3 bedroom, 2 reception room terraced house is very close to the University and walking distance from the City Centre, meaning it could potentially be rented by families, students or professional sharers

It's being marketed at OIRO £69,950 and realistically will need a further £25,000 - £30,000 spending to bring it to a good standard throughout

Based on paying the asking price and spending £25,000 on improvements it will return 7.0% Gross Yield based on being rented to a family at £750pcm or could return significantly more if rented on a room-by-room basis to students or working adults



Click here for details http://www.rightmove.co.uk/property-for-sale/property-52232581.html and contact Alfred Pallas to arrange a viewing or for more details

This property does give you a number of options so if you'd like to discuss what may be the best strategy for you please feel free to give me a call on 0191 567 8577 or email neil.whitfield@belvoirlettings.com

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