Buy to let deal of the day - 4.6% gross yield in Teddington

Easy peasy one today (it is Friday after all)! Purpose built blocks are always reliable renters and shouldn't cause you any trouble. I like this one in Teddington - 2 great size bedrooms and just off Broom Rd so option of Hampton Wick or Teddington for commuting. As always with leasehold blocks - check out the ground rent and service charges as they have a habit of killing off your profit if you're not careful...

http://www.zoopla.co.uk/for-sale/details/35879991

     

Its on at £350k which I think is slightly over - £340k would be more like it. If you get it for that and rent it for £1300pcm then you'll get a 4.6% gross yield. It won't hang around long though!

Don't forget, if you've been thinking of buying a buy to let for a while but done nothing about it then now's the time - take action! Always regret the things you do rather than the things you don't do, that's my motto! :o)

Feel free to email me or call me (contact details on my website below). I'll happily offer you advice and chat through your situation.

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