As another week draws to a close I’ve come across this little property which could make an easy low risk ‘first time’ investment property – of course it will also make a great addition to an investment portfolio too!
It’s been put on the market by our friends down the road at Whites and is being offered for sale at £92,000. From their photos, it looks in good condition too with a modern kitchen and white bathroom suite so it should be OK to rent straight out upon completion.
Rental demand is strong for these types of properties, so what about the rent and yield? Well, if we were to say that the rent would be around £550.00 pcm, then this would return a fantastic yield of 7.1%!
It’s not often I find a little gem like this so don’t delay and get in touch with selling agent quick!