Thursday, 15 March 2018

BTL opportunity

This property has been on the market for a while now and priced at offers over £255,000 this could be one for the BTL investor.

Its a two bed terraced house, good sized bedrooms, nice garden. and allocated parking for two cars.

For me its a good property to come to the rental market.

We Let a similar one on Berryfields in January for £900pcm. Well given that the rental market is picking up again, and allowing time for the sale to go through, you could have this on the market to rent in the summer and should be still worth £900pcm then.

So we are looking at circa 4% gross yield. not at all out of keeping with the rest of Aylesbury.

And there is potential for capital growth in the future.

Give it a look.