I thought i would show something a little different this time. For the adventurous landlords of Bracknell, Crowthorne and Wokingham is this 4 Bed detached house in The Brambles, Crowthorne on the market for £450,000.
http://www.rightmove.co.uk/property-for-sale/property-54020876.html
If rented as a family home it would rent for around £1800pcm giving a yield of only 4.8%. However, if rented on a room by room basis that would jump to £2500pcm if you utilised the study as a fifth bedroom. This would increase the yield to 6.6%.
For those Landlords wanting to squeeze as much value from their properties as possible, with a small amount of work it could be transformed into a 6 bed property with a great yield of 8%.
Of course you would have to factor in some extra costs like utilities but it is in a great location for nurses from Broadmoor Hospital so you could expect some good tenants.
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.
