Another property has jumped out at me today which came on the market with Swift Estate Agents. I noticed this one on the Plymouth Property page on Facebook. The property is being marketed for £97,000 and has 3 bedrooms and 2 receptions.
From the photos and description the property looks like it will require a little TLC. For a property this size I would maybe expect to pay between 10k to 15K depending on the finish that you would like. The property still represents good value, as once finished should be valued in the region of £120,000 maybe £125,000 depending on the finish.
Once complete the property will rent for £650 a month, based on purchase price this is a 8.0% yield.
More details can be found on Zoopla. http://www.zoopla.co.uk/for-sale/details/34618384#WcGzhEuuwULxDqpc.97
- Blogger Comment
Subscribe to:
Post Comments
(
Atom
)
0 comments:
Post a Comment