Monday 17 August 2015

BUY-TO-LET DEAL OF THE WEEK: 3 bed house in Tangmere, £235,000, 5% yield

This three bed end-terraced house in Tangmere needs some attention before it would be ready to rent for around £995pcm.

It has two good sized bedrooms, plus a smaller third bedroom and a family bathroom upstairs. It comes with the benefit of gas central heating and a part-converted garage with driveway alongside the house.

The kitchen could be replaced downstairs and opened up into the dining area to create a purpose-built kitchen/diner, which would appeal to families. Add new windows, a bathroom, decorating and re-carpeting throughout into the mix and you'll need to factor these costs into your purchase price. There's pretty obvious signs of water ingress too to contend with.

Once completed though you'd have a very lettable family home in a pleasant part of Tangmere, which is increasing in popularity for a more affordable 'villagey' place to live within striking distance of Chichester.

Full details can be found on Rightmove via the following link:

buy-to-let tangmere house front

buy-to-let tangmere house kitchenbuy-to-let tangmere house lounge

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If you are looking for an agent that is well-establishedprofessional 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:

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