The Cheltenham and Gloucester Property Blog: 2 Bed Terrace Linden

Tuesday 11 November 2014

2 Bed Terrace Linden - 6.2% Yield

2 bed terrace in Linden on the market for £99950. Steve Gooch say that it is in need of modernisation and no pictures so hard to make a judgement as to the extent of work required. If we make an assumption of £10,000 required that would make a total investment of £110k. I believe that this would let for around £575 PCM and that would give you a yield of 6.2 % . Pretty good and you've added value to boot.

http://www.zoopla.co.uk/for-sale/details/35121848

I really think that this is worth a look at and if you would like some advise on this or any other property, please do contact me on neil.west@belvoir.co.uk

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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