This 2 bedroom semi in Thorney Close may turn out to be a money pit...or it may be a bargain 'Needs Work' purchase for an experienced investor! We've allowed for a £75k total investment & it will deliver 7.2% based on £450pcm rent
This new-to-the-market 2 bedroom semi in Thorney Close may turn out to be a money pit...or it may be a bargain 'Needs Work' purchase for an experienced, hands-on investor!
Unfortunately as it is so new to the market the details are sketchy & with only 2 internal photos it's hard to tell...the partially constructed sunroom which may or may not have planning permission is a slight concern but nontheless we thought it worth highlighting as worthy of investigation for the more experienced investor
Its priced at £62,495 so to allow for improvements we've conservatively allowed for a total spend of £75k but even based on this it will deliver 7.2% Gross Yield from an achievable £450pcm rent