Happy new year to you all! We’re all back to normal now so let’s start the New Year with this investment property.
Reduced today to £144,995 it could be a New Year bargain! I would expect that £650 pcm would be more than achievable rent wise for it, so if you do your sums based on these figures, you would be looking at an annual return of 5.3%.
Suited to a small family this style of property should have a lower turnover of tenants, as families like to be settled rather than moving around every year – saving you money in re-letting fees!