Now, I’ve had a look at this property and although at the moment it isn’t offering the best yield going, I think if you can get it at the right price, you could end up with a little corker. It has been updated quite considerably, so is looking quite lovely, however the price is a bit top heavy compared to others that have been selling in the area. If you could get it slightly cheaper at £160k for arguments sake. When you are looking at a rental figure of £675 pcm, this should generate you an annual yield of 5%. It all boils down to weather you can get it for the right price.
If you would like to see any other ‘deals of the day’, follow this blog
If you would like to see any other ‘deals of the day’, follow this blog
