Buy to let deal of the day - Feltham 5.2% yield AND added value

I know a lot of you only like the TW11 postcode but you should consider TW13 - Feltham. Its so close to Hampton that it could be the next up and coming area and give good capital appreciation next year.

I found this 2 bed house which needs full refurbishment, perfect for immediately adding value should you wish to refinance and get some equity out to buy another property - if that floats your boat!

    

Its on at £275k so, say you get it for £270 and spend £30k on it, your total investment, minus fees, is £300k. You would get £1300pcm rent for this giving you a gross yield of 5.2% on a property now worth in the region of £320k. Pretty decent in my book.

http://www.zoopla.co.uk/for-sale/details/35269484

Rebecca Smith

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