Buy to let deal of the day - make more money in Whitton!

Whitton is definitely next on the list in my book in terms of up and coming areas. There are already some larger chains moving in and the fact that a handful of the big estate agents now have fancy shop fronts on the high street means that they can only be predicting that things are going upwards in the area.

I know I go on about it sometimes, but if you're going for cashflow/yield as your main investment strategy then you need to come out of Teddington/Hampton and into Feltham/Isleworth and also Whitton. This example shows you how and why it can work...

         

This is a 2 double bed ground floor maisonette on a decent looking street less than half a mile from the station. You would probably want to spend a couple of grand putting in a new kitchen but the rest looks perfectly respectable for the rental market. I reckon this would easily fetch £1200pcm and with a sale price of £250k, even if you pay full asking you've got a gross yield of 5.8%. Pretty decent in my book!

http://www.zoopla.co.uk/for-sale/details/35437769

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