BUY-TO-LET DEAL OF THE WEEK: 2 bed house in Chichester, £250,000, 4.3% yield

Summary: 2 bed mid-terrace house in Chichester Listed for sale on 18/08/15 @ £250,000 Rent = £900pcm Yield = 4.3% Last sold in February 2003 for £112,500 (+122% in 12.5 years)

Following on from last week's article ("Where have Chichester's two-bed houses gone?") here is the cheapest two-bed house in Chichester, priced at £250,000. It seems rather compact although being spread over three floors it actually has two double bedrooms and a well-equipped kitchen / lounge for a total of 731 square feet of space. The house is in good condition throughout so would be ready to rent and due to it's prime position in the city centre (complete with garage and parking) should achieve around £900pcm. This would provide a reasonable 4.3% yield from a freehold period property in Chichester's city centre, which has excellent scope for capital growth, as proven historically having increased 122% in the past 12.5 years. Full details can be found on Rightmove via the following link: http://www.rightmove.co.uk/property-for-sale/property-35947212.html ___________________________________ 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: Follow The Buy-To-Let Property Investment Market in Chichester Chichester Property Market LinkedIn Page for Clive Janes CRJ Letting Agents Chichester Facebook Page CRJ Letting Agents Chichester Twitter Page Chichester Investment Property Management Specialist CRJ Letting Agents Website __________________________________