Location location location !
This property on the market with our colleagues at Urban and Rural and is an excellent price for a 3 bed house.
We all know in the lettings industry there are areas that are extremely popular ,and those that have what we would call a “reputation” . However when considering buying to let there are other factors. We have in the past taken on property that fits this criteria , and have been suprised by the demand for property and the speed we have let them.
This property needs a bit of modernisation , but the minimum rent you could expect would be £550 per calendar month , and at the asking price of £120,000 that still achieves a yield of 5.5%. However the last sale in this area was at £113,500!!!
Its very important to know your area and do your home work. Why not ask the Lettings Specialist and we will make sure you have all the facts.
