Lovely maisonette in Old Moulsham
This maisonette is lovely, you can see that the current owners have loved it. you won’t need to do anything to it to rent it out from what I can see.
These maisonette’s rent very easily as the area is very popular with professionals due to the close proximity to the City centre. I would expect to rent this for around £800 pcm. Which based on an asking price of £199,995, not taking into account, any deal you are able to make, this would give you a gross yield of 4.8%.
As you will see from my previous blogs, buying a good investment property, isn’t always down to the highest yield you can possibly get, you also have to take into account capital growth and potential void periods.
This property probably wont be around for long, so I suggest you get down to the selling agents asap