Monday 8 December 2014

Buy to let deal of the day - Twickenham 5.9% yield

Teddington is getting harder and harder to find a good deal. The demand is not even close to waning which is keeping property prices high. Good if you already own a property here but not so good if you're looking to buy an investment property here to supplement your income.

So, until the next bargain pops up we have to look elsewhere - and not too far fortunately! I saw this one online which ticks all the boxes for rentals. Central location - tick. Close to transport links, particularly the fast train into Waterloo - tick. Big with 2 double bedrooms - tick. Looking a bit tired so opportunity to add value - tick! 

    
(Can't believe they didn't even put the toilet seat down to take the marketing pictures - unbelievable)!!

It's on at £285k so, say you shave a bit off and get it for £280k, you should get around £1400pcm for it which would be a gross yield of 5.9%. 

You can always do some work to it at a later date to add the value...

http://www.zoopla.co.uk/for-sale/details/31471011#FcBmV3bz6dHl3rfA.97

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


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