A two bed terrace property has just come on the market in Cotehele Avenue, Keyham. The property is being marketed by Falcon with a Guide price of £110,000 to £120,000. I am a big fan of properties in Keyham, they rent out very quickly and also appear to sell fairly quickly to first time buyers and investors.
The property is 2 up 2 down property and from the photos looks very well presented with little work to do. The front of the property looks like it is due a lick of paint. The property should rent for £600 a month. On the lower end of the guide price this gives a yield of 6.5%.
A steady property with a decent yield and the prospect of good capital growth.
For more details about this property please visit Zoopla. http://www.zoopla.co.uk/for-sale/details/34694934#veoPq8uBdth2TmC1.97
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