This blog follows the property market in Cheltenham and Gloucester with particular focus on the Cheltenham and Gloucester buy to let sector. Its ideal for people interested in property and investing in it. You'll find tips, guidance and analysis that relates specifically to buy to let in Cheltenham and Gloucester and you'll also find properties from all the estate agents in both areas that may make decent investments.
Thursday, 26 June 2014
2 Bed Terrace Cheltenham - Good Rental Potential 5.5 % Yield
This 2 Bed Terrace property is on with RA Bennett. Ok it needs some TLC but could be a great rental property. On the market at £130k, spend 10K and you could get a rent of around £650 PCM. That's 5.5% yield and you added value too !
RA Bennett say
investment opportunity offered with no onward chain
Mid terraced property within the St Pauls area of Cheltenham. The accommodation comprises; open plan living/dining room, kitchen, lobby and downstairs bathroom.
To the first floor are two double bedrooms.
Further benefits include double glazing, gas central heating and rear garden which has gated access which provides off-road parking for several cars.
I sat that properties in St Pauls are very popular as rentals and if you are prepared to put in a little effort, then this could be a great investment . See the link below for more details
http://www.zoopla.co.uk/for-sale/details/32952328
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