Happy almost Christmas all!
For you today I have this superb deal that could light up your Christmas and start off 2019 with some sparkle. This two bedroom maisonette is on the market with William H Brown with a dropped price to just £99,995, let’s see what they have to say about it:
“A two bedroom maisonette situated within the popular area of Kingsthorpe. Accommodation comprises entrance hall, lounge/diner, fitted kitchen, two bedrooms and bathroom. Outside there are gardens to front and side with allocated off parking.”
This property is situated in a popular area with convenient enmities and attractions close by such as schools, shops and easy access to the A45 and M1.
Please be aware this property is a leasehold, so you do require to take a look into the lease before purchase as this could affect your final figures, but to do this just contact the agents directly and they will be happy to help.
What could be achieved buying this as a rental property to add to or start your portfolio?
The property is in no condition that could not be rented out instantly (maybe a new oven), it all depends on you wanting to make any property improvements, but you could be all in for only £99,995. I would recommend a viewing beforehand to confirm this.
I would expect you to be able to achieve a rental figure of £625 pcm. That would mean you could be achieving a yield of 7.5%!!
I don’t know about you, but that sounds like a great way to potentially start the New Year off with a bang on investment.
If you like the look of this property and would like to take a further look, please use the link below:
Oh and this will be my last time before Christmas so I wish all a Merry Christmas full of joy and happiness!