Friday, 23 May 2014

Up Hatherley, Cheltenham .. 12% return a year!

This came on the market yesterday with Adam's at £176,000.

Looking at pictures, its empty (more pics on the Rightmove link) but with some TLC, I think this would let very easily at £850 per month, depending on what you have to pay for her, the yield will be healthy 5.8% to 6% per year.

Considering average property values have risen by 6.9% in the last 12 months in this part of Gloucestershire, that is a potential 12% a year?

This property wont be on the market long




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