The Cheltenham and Gloucester Property Blog: Tuffley, Gloucester House - £105,000

Tuesday, 27 May 2014

Tuffley, Gloucester House - £105,000 - 6.4% yield ..

A freehold house at just over £105,000, its got UPVC and a brand new Gas CH system.

On the market with Taylors, they say this ...

AN OPPORTUNITY FOR AN INVESTMENT OR A FIRST TIME BUYER TO PURCHASE THIS LOVELY 2 BEDROOM HOUSE IN TUFFLEY WITH A GARAGE FOR £105.000

Property in need of some modernising such as new kitchen, bathroom and decorating through out. It currently offer two double bedrooms and a bathroom upstairs. Downstairs lounge/diner and a kitchen/diner. Property also benefits from double glazing, gas fire central heating with a combi boiler, en-block garage, front and good size rear garden. It has been re-wired very recently and got all the relevant certificates.

This wont be on the market long, mark my words. Link to Rightmove below

Do it up and she will rent for £575 per month, so if you buy her for say £100,000 and spend £7,500 , that's a yield of 6.4%

http://www.rightmove.co.uk/property-for-sale/property-30552975.html

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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