Don’t often see auctions but this one caught my eye. These normal sell for £160-165k so factoring in refurb costs of £20k, this could be a cheap little purchase. rental wise expect to receive £720 pcm therfore a yield of 6.4% is possible. Call Clive Emson to book a viewing.
Everyone loves a bargain so why not offer on the slow moving property with Jordans. Its been on the market since September 2017. At £195k it would make a reasonable return of around 4.8%. The last 2 bed that sold down this road (July 2017) made £185k.
Previous sales> http://www.rightmove.co.uk/house-prices/SP2/Sarum-Close.html
A great 3 bed BTL property with 5.3 yield! this really doesn’t happen very often in Salisbury but call Fox and Sons to view….http://www.rightmove.co.uk/property-for-sale/property-54340266.html
Its not often I feature a new Build because the yields don’t always stack up. However, when you get a 10 year guarantee then there’s not going to be a huge amount of maintenance that you have to pay for. I only post gross yields but the net yield is the one to watch on new properties. Rental wise, I suspect £950-1000 pcm so gross yield of around 4.1% with the net being very similar. Persimmonds show homes are the pace to start but call me if you need my opinion. http://www.rightmove.co.uk/property-for-sale/property-54218181.html
If you are not a BTL investor then it may not interest you that we sold a 3 bed on this road for £255k in May 16 showing that prices are still rising. If you are investing, then why not with this top location property, on the right side of town for the hospital this property will rent quickly at around £825 pcm giving a yield on the low side of 4%. I would suggest this is a little low but the capital growth is worth looking at. I’m sure Carter & May will love to show you round! http://www.rightmove.co.uk/property-for-sale/property-54191058.html
Another BTL or Keeper property -no denying its good value – previous prices here
Certainly rentable at £875-900 giving a respectable yield of 4.9% gross – clearly needs a redec but that’s only £2000 ish. Get your wallet over to Connells and book a viewing. http://www.rightmove.co.uk/property-for-sale/property-70747664.html
These solid, spacious x-MOD properties are normally great value for money. The last one selling in the area sold for circa £220000 in 2018. If you take this price and index link it you end up with £225-230k. Other previous sold prices here . With the market a little ‘bearish’ at present and the asking price nearer £220-230k then the yield would upwards of 4.8%. Give the agents Baxters a ring to discuss a viewing….http://www.rightmove.co.uk/property-for-sale/property-71957327.html
This property smacks of great potential. It needs (almost) complete modernisation but will make a fantastic BTL. Likely to return around £900pcm giving a yield of 4.5 % IF it costs you £20k to turn around.
Call Jordans quickly as this will fly….http://www.rightmove.co.uk/property-for-sale/property-54000942.html
Many people dismiss leasehold properties as investment but look at this little cracker. 2 beds will rent for £700-725 pcm giving a yield of 5.6% – 5.8% – not too shabby! As its ex local authority the maintenance charges are normally pretty low but always well maintained. Keep an eye on the lease term, this is reported as 138 years so nothing to worry about. Rent is also peppercorn at £15 pa. Call Jordan’s to arrange a viewing or me if you’d like my opinion. http://www.rightmove.co.uk/property-for-sale/property-64834495.html
The agent – Jordans is marketing this ‘Conveniently located’ 2 bed property would make a great BTL. Its in a good location being a short walk from the city centre and the station. There’s a low maintenance garden – good for tenants and landlords and the all important off street parking. This property should rent for between £750-800 pcm giving a very respectable yield of 4.5%. Yields appear to be climbing back upwards as rents continue to rise. Contact Jordan to arrange a viewing.