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Three Bed Buy to Let in Broughty Ferry

This attractive three bedroom family home is being advertised by Thorntons

This attractive three bedroom family home is being advertised by Thorntons, http://www.tspc.co.uk/details.asp?id=116443.

It’s in a quiet cul-de-sac in the Ferry where we have rented before without any difficulty and it looks to be in good condition.

It’s on at an asking price of £175,000 and I estimate the likely rent would be in the region of £650 or better.

Now this is a yield of around 4%, not earth shattering but still more than your likely to get off the bank for the foreseeable future.

However, if we dig a little deeper we find that semi’s in this area have gone up in value over 22% over the last five years. All of a sudden it looks a lot more interesting I think.

As usual it just highlights the need to look at the bigger picture and also that property is not a ‘short term’ investment.

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