Monday 6 October 2014

Buy-to-let deal of the day: 3 bed house in Fishbourne, £249,995, 5% yield

This modern 3 bed house in Fishbourne has been on the market for over 3 months and is currently vacant, so I think a deal could be done to improve on what is already a pretty tasty buy-to-let proposition.

Originally on the market for £265,000 it has been reduced to £249,995. Considering an identical house on the street (albeit with a garage and driveway) is currently for sale for £289,950, to be able to get this one under the £250,000 threshold looks good value.

Ready to rent out for a respectable £1,050pcm, it would produce a solid 5% yield from what is a modern freehold property. Being a freehold means there's no ground rent or service charges to pay out and with it being pretty modern it should hopefully minimise any maintenance issues you should encounter.

It's on with Bell and Blake and full details can be found on Rightmove via the following link:
http://www.rightmove.co.uk/property-for-sale/property-44965303.html


fishbourne buy to let property frontfishbourne buy to let property kitchen

fishbourne buy to let property garden

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If you are looking for an agent that is well-established, professional and communicative in Chichester, then contact us to find out how we can get the best out of your investment property.

E-mail me on clive@crjlettings.co.uk or call 01243 624 599.

Don't forget to visit the links below to view my previous buy-to-let deals and Chichester Property News articles:


c/o CRJ Lettings, 30B Southgate, Chichester, West Sussex, PO19 1DP
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Location: Fishbourne, Chichester, West Sussex PO18, UK

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