Monday, 27 October 2014

Buy to let deal of the day - renovation project in Twickenham

This one isn't for the faint-hearted as there's a lot to do! It's priced too high in my opinion given the amount of work which obviously needs doing. If you can get it for £385k (what its worth), spend £10k on it bringing it up to top spec and maybe re-jigging the layout a bit then, not only will you make about a 4.6% yield (£1500pcm rent), but you will have added at least £40k to the value. Also, the capital appreciation in this area will always be on the up, a little or a lot, but always on the up.

It's in a prime location in the middle of Twickenham a short walk from the train station with its fast link into London so high demand from tenants....



http://www.zoopla.co.uk/for-sale/details/34857519#GE74cohRjSGetlmM.97

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

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