Friday, 21 November 2014

Buy to let deal of the day - Isleworth Beauty!

I love this one! Its been done to a lovely standard - perfect for the rental market. It's not badly priced either compared to the other 2 beds on the market in the same area. I KNOW its Isleworth and not Teddington but, seriously, you'll have to get over that fact if you want a net yield better than 3%! And who's to say Isleworth won't outperform Teddington on capital appreciation in the next few years?!

      
So, it's a 2 bed maisonette on at £275k with allocated parking. Not far to walk to the train station either which is pretty important to get the commuter tenants.

You'd get in the region of £1250pcm for it giving you a gross yield of 5.5%. I'd take that! Just need to check out the length of the lease and also the ground rent costs.

http://www.zoopla.co.uk/for-sale/details/35211628#tJH1YreGU9sv7t6k.97

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

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