Wednesday, 26 November 2014

Buy to let deal of the day - Hampton flat

This morning I did a search on the portals for properties in Teddington and the surrounding areas and immediately went to the ones that had been on for a long time (filter your search by 'most recently added' and go to the last page). 

This one caught my eye as I think it is still a good £10k over-priced despite starting on the market at £335k back in early September. Decent size 2 bed flat, yes, its over a grocery store but its only you that would be bothered by that, not most tenants!

    
Say you get it for a nice, round £300k, you don't need to spend anything on it and people would be queuing up to give you £1200 pcm for it. That's a gross yield of 4.8% so pretty decent. 

It has a recently renewed lease so just need to check out the ground rent/maintenance charges.

http://www.rightmove.co.uk/property-for-sale/property-32179143.html

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

No comments:

Post a Comment