This type of property would easily rent out for around £850 pcm at the moment, on a good day, you may even be able to push that to £900 pcm. But even basing it on the conservative lower figure, it would still potentially generate you a gross annual yield of 5.1%, based against the current asking price of £200,000. If we look at the top rental figure, this could boost the yield to 5.4%.
All in all, not bad eh?
If you would like any advice on buy to let, feel free to give me a call 01245 330500
Love what you're doing here guys, keep it up!..
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