Tuesday, 10 March 2015

Buy-to-let deal of the week: 2 bed house in Fishbourne, £229,950, 4.4% yield.

This 2 bed house in Fishbourne could do with a little updating, but a lick of paint and neutral coloured carpets would soon make it a very rentable home. 

Priced at £229,950, I would expect it to rent for around £850pcm, meaning it would provide a solid 4.4% yield from a freehold property that has seen capital growth of 115% since selling for £107,000 in October 2001.

I've often looked at Fishbourne as a good place to invest. Like Donnington and Tangmere, you get more bricks for your buck than in Chichester, yet the areas are in high demand from tenants wanting easy access to Chichester, with a little more space for their money each month. Inevitably, this popularity should increase rents and house prices in these areas as they get a trickle-effect from the ever-increasing cost of living in Chichester.


Full details can be found on Rightmove via the following link:
http://www.rightmove.co.uk/property-for-sale/property-33814464.html

buy-to-let fishbourne chichester front

buy-to-let fishbourne chichester kitchen

buy-to-let fishbourne chichester lounge

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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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