Wednesday, 11 February 2015

Buy to let deal of the day - why its worth investing in Sunbury-on-Thames

Most of you probably haven't considered investing in Sunbury on Thames but a new landlord asked my opinion on it yesterday so thought I'd see what deals are out there. With considerably lower purchase prices that Teddington and rents that aren't a million miles away then you can actually achieve pretty decent yields.

Lets look at this one as an example....

      


Its a big 2 double bedroom flat just around the corner from Sunbury train station which links direct to Waterloo. Already tenanted so a walk in investment and will probably be getting in the region of £1100pcm. With a purchase prices of £169,950 though, even if you don't get any money off the asking price, that's a cracking gross yield of 7.8%! Who would have thought it, eh?! 

As always though, just check the lease length and the service charges before you part with any cash.

If you are thinking of investing in property then please do get in touch. I'd be happy to help or offer my opinion. I can even source a property for you if you don't have the time or know-how to do it yourself and it will cost you a lot less than you think!

Rebecca Smith

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