Monday, 22 September 2014

Buy to let deal of the day - 54% capital appreciation in 3 years?!

The Varsity Drive development in Isleworth is a high demand area for renters so always good to consider for a buy to let. 

I came across this one this morning which is a standard 2 double bedroom flat, needs no work and has allocated parking - potentially a deal-breaker in this area where most people have and need cars.

  

It's on at £299,950 which should give you a decent yield in the region of 5.2%. 

Another interesting fact to note though is that this flat last sold in 2011 for £195k. That means that, assuming it sells for the asking price, it has increased in value by 54% in 3 years!!! Not bad capital appreciation huh?!

http://www.zoopla.co.uk/for-sale/details/34435502#0pifewJ3XIVRxP4X.97

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

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