Full details are available here http://www.rightmove.co.uk/property-for-sale/property-35749125.html
Two bedroom cluster in Tolman Court |
Used to own one here myself many years ago. There are pylons nearby but I don't see this as a problem...it does not stop tenants letting and these always resell as they represent good value. So long as you are not over paying when you buy ( others are on the market at £180,000 and more ), you can afford to sell at the right price when you come to sell in later years, as I did.
Rent would be around £725 giving a gross return just shy of 5% better than the Aylesbury average of 4%.
Usually when you are seeing a stronger monthly return the capital growth suffers downwards. Not so with this. Sales in early 2010 were around £110,000 for similar properties nearby so they have seen pretty good growth of £65,000!. A strong argument says I should have kept hold of the one I owned...
If you want to discuss the market and where to invest your money in buy to let property please give me a call 01296 398555 or email me ian@mortimersaylesbury.co.uk
No comments:
Post a Comment