Now, I might be taking a bit of a risk with this property because there are no internal photos, it could be just because the agent hasn’t been able to get in there, or it could be because it is a dump! I’m hoping it’s not the latter .
These cottages are very popular for rentals as the location is great. We would expect this to rent in the region of £875 pcm.
It has just come on the market for £199,995, which is priced realistically in my opinion, of course, it’s always nice if you get a little bit off the asking price, although this is getting trickier now.
If the figures all work out, this would gross you an annual return of 5.2%, which for a chouse,. close to city centre, is pretty good.
If you would like any information on how to go about searching for a buy to let property, pop in and see me in our office on Duke Street