This 2 bed house in Chichester could prove to be a great investment for someone.
Priced some £25,000 below a similar property that recently sold in the area suggests it offers good value.
It's already in decent condition, with a modern looking kitchen and bathroom plus it has double glazing and gas central heating throughout. It would benefit from a lick of paint though to make it look more appealing inside.
Houses like this are always popular with tenants, so I think you could achieve around £825pcm, providing you with a 5% yield based on the asking price of £199,950. This is very good from a freehold property within Chichester, particularly as you're not having to pay out service charges like you would for a flat.
It also comes with the added bonus of having a garage in a block, which I'd be tempted to rent separately to boost the income, as it already has ample parking on it's own driveway.
It's on with King & Chasemore and full details can be found on Rightmove via the following link: www.rightmove.co.uk/property-for-sale/property-47766866.html
Priced some £25,000 below a similar property that recently sold in the area suggests it offers good value.
It's already in decent condition, with a modern looking kitchen and bathroom plus it has double glazing and gas central heating throughout. It would benefit from a lick of paint though to make it look more appealing inside.
Houses like this are always popular with tenants, so I think you could achieve around £825pcm, providing you with a 5% yield based on the asking price of £199,950. This is very good from a freehold property within Chichester, particularly as you're not having to pay out service charges like you would for a flat.
It also comes with the added bonus of having a garage in a block, which I'd be tempted to rent separately to boost the income, as it already has ample parking on it's own driveway.
It's on with King & Chasemore and full details can be found on Rightmove via the following link: www.rightmove.co.uk/property-for-sale/property-47766866.html
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