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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