Wednesday 17 September 2014

One Bed - Gloucester 6.0% Yield

Great investment opportunity in Quedegley. Gloucester. On the market for £105K and should let for £525.00 PCM. One bed houses are always in great demand as rentals as don't come along very often. Loads of one bed flats but not houses. This makes this a great investment opportunity.   


                              http://www.zoopla.co.uk/for-sale/details/34549407

The Property Centre have this to say : Double bedroom terrace house offered 'For Sale' with no onward chain. Accommodation comprises to the ground floor lounge and kitchen, whilst upstairs are two bedrooms and family bathroom. Externally is an enclosed garden plus parking for two cars. Ideal first time / investment purchase. Rental income in the region of £500-525pcm. Rental yield of approximately 6% based on £525pcm.( Think they mean one bedroom not two) 

I do agree with their rental projection and think that this is worth looking into further. If you would like any advice on this or any other property, then please do contact me on neil.west@belvoirletting.com or 01452 387334.

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