The Plymouth Property Blog

This blog follows the buy-to-let market in Plymouth. You'll find properties on here that I think will make good Buy to Let investments. You'll also find tips, guidance, and analysis that relates specifically to the Plymouth area. I operate Donnington Stuart in Stoke Village, in Plymouth. I myself have a large portfolio properties mainly based in Plymouth. If you're thinking of buying a Buy to Let property in Plymouth, I would be more than happy to offer a second opinion.

Home / Uncategories / Freehold Property Split as two Flats in Stonehouse, Plymouth - 7.7% Yield

Freehold Property Split as two Flats in Stonehouse, Plymouth - 7.7% Yield

Unknown Edit

Just noticed this property which was listed with Nova Homes yesterday on the 12th June.

http://www.zoopla.co.uk/for-sale/details/37180918?search_identifier=ad3aab9e0008cd286e9750679ce202c6#cXvJGJpEJmaefs2t.97

The property is a freehold property which is arranged as two one bedroom flats. Nova Homes have got it on the market for £140,000. The property looks in ok condition from the photos. I would expect each flat to let for £450 each so the property would generate £900pcm in total. This gives a yield of
7.7%.

If you would like to pick my brains some more on this property or about BTL Investing in Plymouth, I'm about in our office in Stoke Village.

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