Friday 24 April 2015

Buy to let deal of the day - scruffy gem in Isleworth!

I've blogged about this one before but its worth another visit to show you the kind of thing to look out for in an investment property. Its not a beauty parade - you're going for return on your investment!

Now for this one you need to use your imagination. It's 'scruffy', to say the least, so probably tenanted or has an owner who doesn't take much pride in their home!

      


See what I mean?! Cant believe they couldn't even be bothered to make the beds for the photos!! 

What it does have going for it though is the price and the location. It's less than a 5 minute walk to Isleworth station and is on the market for £254,950. That's a good price for a 2 bed in this area. As soon as its emptied of all the messy stuff it will be a pretty decent flat that probably just needs a lick of paint and new carpets. It will rent in the region of £1350pcm which, even if you pay full asking (which you probably won't have to) would give you a gross yield of 6.4%. Nice!

Please do get in touch for a chat about anything buy to let - would love to hear from you!

Rebecca Smith

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