The Cheltenham and Gloucester Property Blog: 2 Bed Terrace , Gloucester 5.5 % Yield

Wednesday 24 September 2014

2 Bed Terrace , Gloucester 5.5 % Yield

2 bed terraced property on the market with Michael Tuck at just short of £120K. Great rental property in a very popular area of Quedgeley. This will rent for £550 , if not £575 ( in tip top condition) . Thats a 5.5% to 5.75 % yield.

http://www.zoopla.co.uk/for-sale/details/34625309

This is what Michael Tuck have to say:Michael Tuck estate agents are pleased to offer for sale a terraced house located in a Cul-d-Sac location on Millers Dyke. Comprises entrance hall, kitchen, lounge diner, two bedrooms and bathroom. Further benefits include UPVC double glazing, gas radiator central heating and gardens. Although in need of general updating the property is sure to appeal to investors and first time buyers alike, so an early appointment to view comes highly recommended

I say, that if you are looking for a relative safe bet, then this should be looked at. If you would like any advice regarding this or any other property, then please contact me.

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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