Old Moulsham is a great location for investment, whilst the prices may be slightly higher, so the yield not as high as say a cheaper area, you will rarely have a void period in this area. So it's worth thinking about this side of being a landlord. It's not always about the yield that you get, it's the whole package.
This house is a little beauty, on the market for £249,995, it is likely to sell for this price too as these houses don't come up very often. A realistic rent in this area at this time would be £950 pcm for this type of house, giving you a yield of 4.5%
If you are interested, give the agent a call now, I'm not just saying it, it won't be around for long!
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