Shortstown? I hear you say. For many years there has been a stigma attached to this area. But dont discount it due to a reputation a location may or may not have.
Looking a little deeper , just over 10% of the property in the area is rented privately. And crime rates are lower that the Borough average. Also with the development of New Cardington , property vlaues are estimated to rise by 20%
We have managed property in this area, which we have had done so successfully for several years. And rarely have any problem letting them. Therefore this three bed on the market is a good buy. With a price of £142,500 and a potential minimum rent of £675 per calendar month, you could achieve a return of 5.7%. Its worth noting that on most purchases offers are generally lower than the asking price.
If you want to know further information can be found on Rightmove and we are more than happy to discuss your letting options, pop in and see us in Tavistock Street.
