Wednesday, 11 March 2015

Buy to let deal of the day - 6.4% gross yield in Isleworth!

This one has definitely been priced to sell and so won't be around for long. Take a look at the pictures and you can tell its either currently tenanted (which the advert would normally state) or the owners don't care about it anymore and so just want rid.

Its a 2 bed flat in Isleworth that's on at £254,950. A very good price! I'm guessing from the map view that it's one of the ones over the shops, not that that's an issue when it comes to renting it out. I would just steer clear of ones over food outlets as that definitely does have an affect on demand. There are currently 81 2 bed flats available on Rightmove in Isleworth with the average price being £1350pcm. If you get that for this then you'll be making a 6.4% gross yield. Unheard of for these parts and that's even before you negotiate yourself a discount off the asking price! :o)

      

The good news is that the way its being kept will put a lot of people off who can't see its potential. It virtually needs nothing spending on it - as soon as all the 'stuff' it taken away it'l be a very decent flat! Happy days!

http://www.zoopla.co.uk/for-sale/details/35783265

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

No comments:

Post a Comment