Development Opportunity and Potential BTL – £210,000

Wessex RoadCalling all Investors and Property Developers alike! Advertised with both Connells and Austin & Wyatt today is this three bedroom semi-detached family home complete with off-road parking for several cars. Whilst it looks like it could do with some cosmetic updating, it is in a very popular location, conveniently located just outside the ring road and a mile and a half walk into the City Centre. The property would be ideal for a Family with a limited budget looking to put their stamp on their own property or a buy to let investor alike. I would estimate a potential rental value of at least £850pcm bringing in a potential yield of 4.9%! For more information, contact either of the advertising agents!

Connells: http://www.rightmove.co.uk/property-for-sale/property-64358771.html

Austin & Wyatt: http://www.rightmove.co.uk/property-for-sale/property-46628253.html

To start the week – 3 bed in Amesbury £225,000

Added yesterday by Connells in Amesbury, this 3 bed property could be a perfect BTL. Its got 3 reasonable sized rooms. Also, off road parking AND a garage! Rent would be in the region of £900-925. For those who know, this means 925×12/225000 = 4.9% yield.kilfordhttp://www.rightmove.co.uk/property-for-sale/property-46559547.html

 

Friday Special? City centre 1 bed flat £149,950

This 1 bed flat is available with tenants already paying £650 pcm giving a health yield of 5.2%. These flat always rent easily and consequently have small void periods – how do I know? (We) Martin & Co have managed this and another flat in the block for a couple of years. So if you’d like to discuss ‘the books’ I’d be more than happy to arrange a viewing. Its virtual freehold too!

castle street

http://www.rightmove.co.uk/property-for-sale/property-62885654.html

castle street 2

Alderbury Gem – 1 Bed Maisonette £129,995

Avon Drive Alderbury

As described by Housesimple, the advertising agent, “This property would ideally suit a first time buyer or a Buy-to-Let investor.” This One Bedroom Maisonette is immaculately presented throughout boasting modern Bathroom and Kitchen and allocated off-road Parking Space. Whilst the property may be small, you know what they say, ‘all good things come in small packages’ and with an asking price of £129,995 and a potential rental value of £600pcm, this little gem could bring in a potential yield of 5.5%! Such a good proposition that I may even consider this one myself!
http://www.rightmove.co.uk/property-for-sale/property-63909704.html