Wednesday 6 May 2015

Buy to let deal of the day - Hampton 5.6% gross yield

This one has recently come back on to the market after an investor I was sourcing for decided not to go ahead with it. They only changed their mind as they moved the location of their search and so its still a good little buy to let. Thought it worth telling you about in case anyone wants to pick up where they left off!

     

A survey has already been done and it came back fine so that's one less expense and thing to worry about. Its a cracking little flat in a great location - just a 2 minute walk from the station and Waitrose. Big rooms with the added bonus of a separate kitchen rather than one in the lounge. It's also got loads of storage which is something pretty high on tenants lists when looking at one bed flats as they're notoriously poor for space to put things.

Should rent for around £1000pcm which, if you pay around £215k for it (perfectly possible ;o) ) then your gross yield would be 5.6%.

If you're interested in getting into buy to let or are just looking for a pretty decent letting agent :o) then please do drop me a line! Be great to hear from you and I'm always happy to offer advice for free!


Rebecca Smith


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