Buy to let deal of the day - tidy 4.9% yield in central Teddington!

This came onto the market yesterday and it pretty much does what it says on the tin! Lovely little one bed flat in a great location in Teddington less than half a mile from the station. 

   

http://www.rightmove.co.uk/property-for-sale/property-33467319.html

It doesn't need doing up, just a bit of tidying up here and there. You can get tenants straight in who should be paying around £1300pcm. With a sale price of £320k that gives you a 'not so shabby' gross yield of 4.9%. Don't forget to check out the lease length and the service charge though as these can easily eat into any profits.

As well as being a local letting agent, I source properties for buy to let investors, so, if you don't have the time or the inclination to do the trawling yourself then I can do all of that for you and make sure the figures stack up! :o)

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