Also, if you are able to buy with the tenant in place, this saves the expense of finding a new tenant straight away. Be quick though, I'm sure I'm not the only one who has spotted it!
Saturday, 17 May 2014
6.2% Yield in The Village!
I was looking on Rightmove ... again, (I know, I'm on there all the time!) and have come across another little gem. A lovely 1 bed apartment on Parkinson Drive, in The Village, which is a great rental area, Priced at £127,500, so me-thinks that they are looking for £125k, (I'm sure the agent would have advised the vendors that this is what will probably be offered due to the stamp duty bracket). The property potentially could be bought with a tenant in place, currently paying £650, which I would say is about right for this location. Based on these figures, you are looking at a yield of 6.1%, fantastic right?
Also, if you are able to buy with the tenant in place, this saves the expense of finding a new tenant straight away. Be quick though, I'm sure I'm not the only one who has spotted it!
Also, if you are able to buy with the tenant in place, this saves the expense of finding a new tenant straight away. Be quick though, I'm sure I'm not the only one who has spotted it!
Subscribe to:
Post Comments
(
Atom
)
No comments :
Post a Comment