Friday, 5 September 2014

Buy to let deal of the day - Twickenham investment

This one has potential written all over it.....

I spotted it because I was with a landlord yesterday who is looking for her next buy to let property, specifically in Twickenham (as this is where she lives and knows). Her criteria isn't necessarily a big yield (good job around these parts) but she wants a safe investment that she can add value to and will rent easily. This fits the bill well in my opinion...

  

No internal shots but the description says that it requires 'light cosmetic attention'. Don't you just love estate agent speak!! You can see from the floorplan below though that it could benefit from a re-jig in terms of layout as if you could link the lounge to the kitchen and make it more open plan this could give it the wow factor many tenants are looking for. It even has a large garden front and back which massively increases its appeal. I reckon, if you could get 10k off the asking price then this would easily cover the work that needs doing to bring it up to a decent spec.



Its in a great location right near the green which gives easy access to transport into London. Done up well you would get £1450pcm for it which would give you a yield of 4.4%. Done!

http://www.zoopla.co.uk/for-sale/details/34419825#PSfS597y304BMGLL.97


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

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