http://www.rightmove.co.uk/property-for-sale/property-54547736.html# Follow the link to find a p...
Follow the link to find a property that has recently come on the market with Romans. This 3 Bed end of terrace on Oakengates, Bracknell would easily achieve a 5% yield if rented out as it is. The 3 bedrooms are all a good size and the property appears to be in good order apart from the need to update the bathroom.
However, if you were to partition the living on the ground floor to create a 4th bedroom and rent it on a room by room basis the yield would be boosted to 8% plus. Very little work to be done for a far more impressive return. An extra £9000 pa is not to be sniffed at. Of course there are extra costs involved but i believe this would still make a good addition for any Landlord.
Belvoir Bracknell don’t sell property, we are lettings specialists, but we do guide people based on our experience as to what might make a good buy to let property investment in the Bracknell, Wokingham, Crowthorne and Binfield area. We don’t charge for this service but we would like to manage your property or help you find great tenants.