Friday, 23 May 2014

Buy to let deal of the day! 23rd May 2014

In case you didn't know already, I don't sell properties, I just rent them. You may then wonder why I am discussing properties to buy rather than rent on this blog. Put simply, it's because I am always looking at the market and what's out there for how much. If I spot something that would make a good investment then I like to share it. I don't want to use this blog to sell, it's more for passing on advice and tips that will hopefully help you in your property investing....see if you like this one...



This little gem is in a prime spot on Twickenham Road, good transport, Teddington High Street and the lock within throwing distance, and it's a decent size one bed. It also comes with a share of the freehold which is always a bonus and when you add in the allocated parking and shared garden it has pretty much everything a buy to let investor AND a professional renter are looking for.

It's on at £349,950 which, given the average spec condition, is maybe a bit ambitious and so you should be able to get it for £345k. With an average rental figure of £1150 (you could stretch this by £100pcm if you spend a few £k upping the spec) then the monthly yield will be in the region of 4%. A safe bet in this market.

http://www.rightmove.co.uk/property-for-sale/property-30521706.html

Rebecca Smith

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