As you know I spend a lot of my time trawling the property portals for decent buy to let deals to share with you, and todays no different, although this one isn’t the usual ‘style’ of buy to let that I tend to post about. Four bedroom properties very rarely come on the market where the figures work for investment , so I had to share it with you…
With this style of property as well, being a family home, means that you will have a lower turnover of tenants, as families generally want to be settled somewhere, rather than moving around every year. This means that that you will save on the letting costs to find new tenants as well. Win win I say.
This house offers great accommodation and looks as though it has been updated at some point throughout recent years, bringing it up to a modern standard. Also its location is in an extremely popular spot, close to sought after schooling.
We have rented properties like this, in this area for the £895.00 pcm mark, which when you compare it against the current asking price of £180,000, could generate you a healthy annual return of 5.9%.
The lettings market at the moment is lacking in reasonable priced four bedroom properties so why not get in contact with Taylors and arrange a viewing.