Tuffley, Gloucester House - £105,000 - 6.4% yield ..

A freehold house at just over £105,000, its got UPVC and a brand new Gas CH system.

On the market with Taylors, they say this ...

AN OPPORTUNITY FOR AN INVESTMENT OR A FIRST TIME BUYER TO PURCHASE THIS LOVELY 2 BEDROOM HOUSE IN TUFFLEY WITH A GARAGE FOR £105.000

Property in need of some modernising such as new kitchen, bathroom and decorating through out. It currently offer two double bedrooms and a bathroom upstairs. Downstairs lounge/diner and a kitchen/diner. Property also benefits from double glazing, gas fire central heating with a combi boiler, en-block garage, front and good size rear garden. It has been re-wired very recently and got all the relevant certificates. 

This wont be on the market long, mark my words. Link to Rightmove below

Do it up and she will rent for £575 per month, so if you buy her for say £100,000 and spend £7,500 , that's a yield of 6.4%

http://www.rightmove.co.uk/property-for-sale/property-30552975.html

Up Hatherley, Cheltenham .. 12% return a year!

This came on the market yesterday with Adam's at £176,000.

Looking at pictures, its empty (more pics on the Rightmove link) but with some TLC, I think this would let very easily at £850 per month, depending on what you have to pay for her, the yield will be healthy 5.8% to 6% per year.

Considering average property values have risen by 6.9% in the last 12 months in this part of Gloucestershire, that is a potential 12% a year?

This property wont be on the market long

http://www.rightmove.co.uk/property-for-sale/property-30525678.html

Swindon Close, Cheltenham .. nice apartment with a 6% yield

Young and Gilling have just put this very nice one bed apartment on the market for sale for £105,000.

It will rent, day in day out at £500 per month.Say you can pick this up for £100,000, that's a nice yield of 6%. Link to the property below. I dont think this be around for long

http://www.zoopla.co.uk/for-sale/details/33183122

Thornhaugh Mews, Cheltenham .. safe 4.7% yield

This came on the market yesterday with Adam's at £174,995.

They say  "A modern two bedroom terraced house in the popular Up Hatherley District. Set within a cul de sac position and available with no onward chain, Adams are please to offer for sale this modern property with accommodation that include the entrance hall, fitted kitchen, lounge/diner overlooking the rear garden, two bedrooms and full bathroom. A private drive is set to the front of the house. Currently let but available with vacant possession and No Onward Chain. An excellent investment opportunity!"

I say, don't hang about ... properties in this part of Cheltenham always sell and let well. The link to Rightmove is below.

These let for £650 to £675 per month depending on condition. A reasonable yield of 4.7% but with hardly any void periods and decent capital growth, maybe a safe bet for the nervous landlords of Gloucestershire?

http://www.rightmove.co.uk/property-for-sale/property-46421966.html

Salisbury Road area of Gloucester - 6.3% yield

This Victorian terraced came on the market this morning with Taylors for £110,000 (Rightmove link below). Its clean and tidy (see the link for pics) and will rent for £550 per month until the cows come home.

I have a feeling this wont be on the market for long ... get a viewing arranged sooner rather than later

http://www.rightmove.co.uk/property-for-sale/property-30461643.html

2 bed terraced in Tredworth - £100k bargain! Yields of upto 6.7%

Well this came on the market in the last 24 hours with those nice people at The Property Centre for £100k. 

Its a deceptively spacious 2 bedroom Victorian terraced property, which is extended on the ground floor. Accommodation consists of a lounge/diner, a large fitted kitchen, two bedrooms, double glazing and gas central heating as well as an enclosed rear garden.

You should be able to achieve £525 to £550 a month on these, depending on condition, so depending on what you could buy it for, a yield of 6.5% to 6.7% per year is very achievable. Link below for more details

http://www.rightmove.co.uk/property-for-sale/property-46410497.html