Now, this is a deal NOT to be missed out on. A cracking property, priced to sell at £125,000. It’s a bit cheaper than some of the others in the area due to having a short lease. If you are not overly bothered about it though, you can get a bit of a bargain. You don’t have to extend the lease straight away, you could buy it now, keep it for a few years and extend just before you sell it. That way, it would seem very attractive to a prospective buyer having a long lease
This property would rent in the region of £695, we have just rented 2 in the area, almost identical for this price. which if you do your sums, will generate you a gross return of 6.6%. These deals don;t come up everyday!
If you would like any more info about this property, drop me a line and I’ll be happy to help