Monday 11 August 2014

Buy to let deal of the day - adding value

This is a no-brainer for me. Decent 2 bed flat in a lovely location near Twickenham Green. It's in a very impressive block which has just had all of the outside space re-done to a great standard AND a new long lease. 

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Double bonus is that you can really add value here as it needs fully modernising....



It's on at £279,950. Spend £10k on it and it should be worth more like £325k. Rental figures are, done up, that it will get around £1200pcm giving you a yield of just over 5%.

I'd take that with the added value and future capital appreciation any day of the week....! :o)

http://www.rightmove.co.uk/property-for-sale/property-31788540.html

Rebecca Smith.
http://www.rebeccasmithpropertyservices.co.uk/

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