Good morning property hunters, I spotted this property today, on the market for £187,500 and saw that you could potentially get a yield of 5.4%!
The property itself, looks really nice, it’s modern, bright and not too bad a location, just on the edge of the City, near the Army & Navy roundabout, so access to the city centre and station is still fairly good. This is what a lot of tenants look for.
Similar properties in the area have rented in the region of £850 pcm, which when you compare it against the asking price mentioned above, is where we get the yield of 5.4%.
If are thinking about getting into the buy to let market and would like some advice on where to start, feel free to drop me a line on 01245 330500, I’m happy to give you my honest advice