Tuesday 6 January 2015

New Year buy to let deal of the day - Teddington 5.1% yield!

Happy New Year to all of my blog reading friends! Hope you had a great one? I certainly did although went a bit mad on the mince pies so having to now take drastic January action! :o)

Thought I'd start the New Year with a cracking little investment property in our beloved Teddington. This one is a lovely 2 bed flat, central location, decent standard so no work needed and will rent every day of the week for £1450pcm. Added bonus of private garden and large loft space for storage - always in high demand from tenants...

On the market for £350k but you may be able to squeeze it down to £340k. If you do, that will give you a gross yield of 5.1% - very decent for Teddington! And don't forget average capital appreciation in Teddington last year alone was 11%. This is a classic low risk investment - just check out the ground rent/maintenance fees and also lease length as they could eat into your profits.

  

http://www.rightmove.co.uk/property-for-sale/property-33173184.html

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

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