I have come across this 4 bed property in Wolseley Road, St Budeaux. The property is being marketed by Your Move. The property is marketed with a guide price of £150,000 to £160,000. As an landlord investor you want to be getting the property for the bottom end of the guide price.
The property itself is very well presented and looks ready to be let out. The property would achieve a rental in the region of £800 a month. This would give a yield of 6.4% based on a purchase price of £150,000.
Properties in the area have benefited from strong capital growth of 8.3% in the last 12 months. All in all this would make a steady investment property.
More details can be found on Zoopla. http://www.zoopla.co.uk/for-sale/details/33887196
The property itself is very well presented and looks ready to be let out. The property would achieve a rental in the region of £800 a month. This would give a yield of 6.4% based on a purchase price of £150,000.
Properties in the area have benefited from strong capital growth of 8.3% in the last 12 months. All in all this would make a steady investment property.
More details can be found on Zoopla. http://www.zoopla.co.uk/for-sale/details/33887196
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