Buy to let deal of the day - Teddington 5% yield

So, everyone in Teddington knows Waldegrave Road. Nice, yes?! This little (being the operative word) one bed flat has been on the market for over 2 months and so a good chance of a deal to be done. The reason it caught my eye is that, aside from the fact there's an opportunity to get it below the asking price, it's also really quirky. Tenants LOVE quirky! :o)

  

Its on at £295k and should achieve around £1250pcm. That would give you a gross yield of 5% which, by itself, is pretty decent for Teddington. Don't forget though, you may be able to get an extra £10-15k off the asking price, particularly if you've got your finances in place and can progress quickly. AND you're in a prime area for capital appreciation which makes it pretty low risk in my book. Happy days! 

http://www.rightmove.co.uk/property-for-sale/property-32117304.html

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