Summary:
3 bed mid-terrace house in Tangmere
Listed for sale on 11/01/16 @ £210,000
Rent = £895pcm
Yield = 5.1%
3 bed mid-terrace house in Tangmere
Listed for sale on 11/01/16 @ £210,000
Rent = £895pcm
Yield = 5.1%
New to the market this week is a three bedroom mid-terraced house in Tangmere. At £210,000 and offering well-proportioned bedrooms, an en-suite, downstairs cloakroom, double glazing, gas central heating and a garage in a block it appears to offer excellent value. Particularly when nearby two bed houses are selling for a similar price.
It does unfortunately require a fair bit of work inside, but it seems to be mostly cosmetic: a new kitchen, bathroom, cloakroom, flooring and decoration. This gives the opportunity to add some value to the property as well as offer an excellent final product to tenants in a popular area.
With these works done you could expect to achieve around £895pcm, which would result in a 5.1% gross yield based on paying the asking price of £210,000 (factor in the cost of refurbishment too).
It is on the market with Tod Anstee and full details can be found on Rightmove via the following link:
It does unfortunately require a fair bit of work inside, but it seems to be mostly cosmetic: a new kitchen, bathroom, cloakroom, flooring and decoration. This gives the opportunity to add some value to the property as well as offer an excellent final product to tenants in a popular area.
With these works done you could expect to achieve around £895pcm, which would result in a 5.1% gross yield based on paying the asking price of £210,000 (factor in the cost of refurbishment too).
It is on the market with Tod Anstee and full details can be found on Rightmove via the following link:
http://www.rightmove.co.uk/property-for-sale/property-38932566.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
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
__________________________________
No comments:
Post a Comment