This three bedroom semi-detached house is in Tangmere; an area I often suggest offers good value for money and a nice mix between decent rental yields and potential for capital growth.
The house itself is modern and in a ready to rent condition. It has gas central heating, double glazing, an integral garage and en-suite to the master bedroom. With three good sized bedrooms, a kitchen-diner and a separate lounge it really seems to offer a lot for the £250,000 price tag and should easily achieve £950pcm, providing a rental yield of 4.6%. It previously sold for £175,000 in May 2002, so the 42% increase in 13.5 years is relatively modest in my opinion, suggesting it still has room to increase.
It is on the market with Cubitt and West and full details can be found on Rightmove via the following link:
http://www.rightmove.co.uk/property-for-sale/property-50459029.html
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