Monday 10 August 2015

BUY-TO-LET DEAL OF THE WEEK: 4 bed house in Tangmere, £329,950, 4.7% yield

This four bed detached house offers good square footage for its £329,950 price tag.

On the newer part of Tangmere (the house was built in 2001) it still maintains a clean and tidy decor, perfect for tenants ready to move straight in to.

It was previously sold in 2005 for £250,000, indicating a good potential for capital growth, having risen 32% in value in 8 years (an annualised return of 3.5%).

Add in the fact that houses of this size in this location don't become available to rent that often and you should be able to achieve around £1,300pcm. It should prove popular with tenants at that price whilst achieving a rental yield of 4.7% - not bad from a freehold house on the outskirts of Chichester, close to the A27 and benefiting from double glazing, gas central heating, an en-suite, garage and garden.
Full details can be found on Rightmove via the following link:

house front

tangmere kitchen

tangmere lounge


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 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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