Reduced Price! Situated on a desirable development within walking distance of Salisbury City Centre and Mainline Station, this one bedroom top floor flat would offer a fantastic buy to let opportunity.
Advertised with Jordans, this one bedroom flat, situated on the Spire View development offers attractive accomodation throughout comprising open plan Living Room/Kitchen, good sized double Bedroom and Bathroom. The property also benefits from a large storage cupboard and allocated parking space.
I would estimate a monthly rental value of £625pcm, giving you a respectable yield of 5.3%. There is a maintenance charge of £621.41 to be paid half yearly and ground rent of £62.50 to be paid half yearly which of course will effect your yield.
Give Jordans a call to arrange your viewing! http://www.rightmove.co.uk/property-for-sale/property-69719873.html
I blogged precisely a year ago about this property and its still here! http://www.salisburypropertyblog.co.uk/close-city-4-bed-investment-5-yield/ Originally with Connells (for around £300k IIRC) and now with Carter & May (just reduced to £240K) this property just doesn’t seem to sell, but why? Rear garden is small, parking is via residents permit but location is pretty good! Just outside the ringroad, great for the town centre and perfect for an HMO near the college. If you are serious about improving that portfolio give Carter & May a call to arrange a viewing, happy to go with you to give my opinion…..
Without a doubt, these properties making cracking investments!
Advertised for Sale with Bassets is yet another of the Jubilee Close flats, situated just off of the Wilton Road, just a 30 minute walk to Salisbury City Centre and Mainline Station. There are also fantastic transport links, with an abundance of local bus stops.
Accomodation comprises Large Living Room with Juliette Balcony, seperate fitted Kitchen, Master Bedroom with En-suite, further double Bedroom along with family Bathroom. The property further benefits from an allocated parking space.
I would estimate a rental value of £750pcm, giving you a potential yield of 5.2% at the current asking price. Don’t forget to take into account Ground Rent, which in this case is £50 per annum.
Give Bassets a call to arrange your viewing! http://www.rightmove.co.uk/property-for-sale/property-51749916.html
This fantastic one bedroom ground floor Flat, offered to market with no onward chain, would make a cracking buy to let investment opportunity.
Advertised with Simon Colligan is this fantastic one bedroom ground floor flat, situated on the popular Avondown Road estate in Durrington. Accomodation comprises Sitting room, seperate fitted Kitchen, double Bedroom and Bathroom. The property also benefits from a private rear Garden and Garage. I believe that the property would benefit from some general updating throughout, however properties in the area generally prove popular to tenants and we would expect to fill the property quite quickly.
In the current market, i would estimate a potential rental value of £600pcm, giving you a respectable yield of 5.5%. Of course, any ground rent and maintenance charges will effect this.
Give Simon Colligan a call to arrange your viewing. http://www.rightmove.co.uk/property-for-sale/property-70003823.html
Offered to market with Whites is this fantastic, well proportioned two Bedroom Flat, situated within a popular Old Sarum Development.
Accomodation comprises open plan Living Room/Dining Room/Kitchen, two double Bedrooms and family Bathroom. This lovely top floor flat benefits from allocated parking space, bike storage and far reaching views of the surrounding Countryside.
We let a similar flat within the same block for a figure of £750pcm, in the current market, i would expect to achieve a similar figure, giving you a potential yield of 5.3%. Of course this will be effected by the Ground Rent, which is currently £200 per annum.
If you would like our honest opinion on the rental potential of a property, be it your own property, one you are purchasing or one you have seen advertised, give the office a call, we would be more than happy to discuss this with you, or alternatively attend any viewings with you. http://www.rightmove.co.uk/property-for-sale/property-50839824.html