The Cheltenham and Gloucester Property Blog: 3 Bed Terrace - Linden Gloucester

Tuesday 8 July 2014

3 Bed Terrace - Linden Gloucester - 5.75% Yield

Just spotted this on Rosebery Avenue in Linden Gloucester. Properties in Linden always let well and we have just let one at £575 on the first viewing. I think this one may get a little more but if you base the yield on £575 PCM on a £120K Purchase price - That's a return of 5.75 %

http://www.zoopla.co.uk/for-sale/details/33768823

On the market with Michael Tuck and they say : Michael Tuck are offering this extended three bedroom mid terrace house, requiring some updating, situated in the ever popular, Linden area of Gloucester. The accommodation comprises of: Entrance hall, lounge & dining areas, Kitchen & ground floor bathroom whilst to the first floor are the three reasonable bedrooms. Additionally the house benefits from an enclosed easterly facing rear garden. Call to arrange a viewing !

Check out the link above for more details and if you would like any advice regarding this or any other property, please contact me - Neil West neil.west@belvoirlettings.com

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I have been involved in the Cheltenham and Gloucester property market since 2005. I have owned and operated Belvoir in Gloucester since 2005 and in Cheltenham and 2008

I have always shared my thoughts on the local property market in Cheltenham and Gloucester with my landlords, but now, with the wonder of modern technology, I want to share those thoughts with everyone in both areas.

In this blog, I will talk about what is happening in the both area's property markets, even looking at specific streets or housing estates in both Cheltenham and Gloucester. At other times, I will post what I consider decent buy to let deals. They could be on the market with us but more likely they will be on the market with other agents in Cheltenham and Gloucester. This will enable me to look at the whole of market and give you, what I consider the best investment opportunities.

There are great similarities between Cheltenham and Gloucester, but sometimes, the property markets can be worlds apart. If you are a landlord or just someone interested in property, I would recommend you look at both places, as it’s always good to compare and contrast the two places.

If you see a potential deal, and want a second opinion, email the Rightmove link to neil.west@belvoir.co.uk or drop into either of our offices on Bath Rd in Cheltenham or Worcester Street in Gloucester. Alternatively, I can be contacted by telephone on Cheltenham 01242 221188 or Gloucester 01452 387334

I will always give you my honest opinion on the property and its investment potential. (both good and bad) .

Neil