Thursday, 19 April 2018

Potential for a buy to let investment?

This property seems to have been on the market for a very, very long time but it could be worth a look.

A two bedroom house just off Ellen Road with good links to town, the hospital and Oxford. the property could be the ideal type of property to rent out.

Its marketed by Chancellors with no upper chain and has a guide price of £225,000 but given the length of time this seems to have been marketed for, you might just get a bit of a deal if you are persistent enough.

Rental wise, I would expect this to achieve anywhere between £750pcm 4% gross yield (conservatively) and £800pcm (optimistically).

There must be a reason its sticking around for so long, but the images paint a good enough picture, perhaps its worth a look at in person?

If you do end up looking at this one, I would love to hear your thoughts on it.