BUY-TO-LET DEAL OF THE WEEK: 3 bed house in Chichester, £275,000, 4.6% yield

Summary:
3 bed house in Chichester
Listed for sale on 07/08/15 @ £285,000
Now £275,000
Rent = £1,050pcm
Yield = 4.6%

This good size three bed house is in the South of Chichester, near to Whyke Lakes. It has been on the market for three months and has just been reduced in price by £10,000, so a deal may be done on an already attractive asking price of £275,000.

It has a separate dining room and lounge and three bedrooms, of which two are doubles. It has gas central heating and double glazing and whilst the galley kitchen isn't huge, it appears reasonably modern. Strangley there aren't any photos of the 'large garden', but that too would be a bonus for this family home.

A conservative rental figure of £1,050pcm would provide a 4.6% yield from a freehold property in an established part of Chichester that seems to be in a ready to rent condition.

On sale with Cubitt & West, full details can be found via the following link:

http://www.rightmove.co.uk/property-for-sale/property-35803680.html

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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.

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