Thursday 11 December 2014

2 Bed terrace - 5.6% Plus Yield

I have just spotted this 2 bed terraced property on the market with Andrews. Looks a bit shabby and will need some work doing. Priced at £145,000, if you had to spend £15,000 that would make a total spend of £160,000. Should let for around £750 PCM , giving a return of 5.6%. 
                             http://www.zoopla.co.uk/for-sale/details/35219004

This is potentially a good opportunity as good yield and you would have added value to the property. So if you fancy a project then this may be for you. If you would like advice on this or any other property please contact me. 

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