Buy to let deal of the day - perfect for first timers

I bumped into someone on the high street yesterday who I used to work with and who I haven't seen in ages. Seems he's been following my blog though, unbeknownst to me!  He asked me why I do these 'buy to let deals of the day' especially when I'm not a sales agent and so gain nothing from promoting properties for sale. 

I told him the reason is simple....I love property and studying what makes a good deal. I therefore want to help those who have had even the smallest inkling of a desire to invest in property understand what they should know before they do. It can give you a very nice nest egg and more if you're careful and take everything into consideration. But, on the other hand, it can also be a minefield which can leave you seriously out of pocket if you don't know what you're doing. Needless to say, if someone buys an investment property following my advice then it would be great if they used my services as a letting agent! ;o)

So, back to business....this one I think is ideal for a first time investor as you can just give it a lick of paint and get it straight on the rental market, or, you can throw a chunk of money at it and really increase the value. Your choice, and, of-course, you could do the money throwing at a later date if you prefer.

It's curb appeal and location will make this one bed flat with a BIG private garden VERY easy to rent.....

   

On at £349,950 it should rent at £1250pcm, if you spruce it up a bit, which would give you a yield of 4.3%. I'd take that any day of the week! :o)

http://www.rightmove.co.uk/property-for-sale/property-45520949.html

Rebecca Smith