07 January 2015

Cambridge Do'upper - Springfield Terrace, 5.8% - 6.0% Yeild

Radcliffe & Rust Estate Agents have put this 3 bed terraced on the market in Springfield Terrace for £300,000 yesterday.
 Ok so it's not every landlords cup of tea but the yields are good!


The property has suffered from a lack of care and maintenance and is in need of general updating and improvement but nevertheless offers a very worthwhile opportunity for an investor or owner/occupier seeking this type of project.

With a £10,000 modernisation investment this property could be brought up to a great rental standard thus giving you an achievable market rent of £1500 pcm and still an annual yield of 5.8%

Don't judge a book by its cover! 

More pictures on the link .. 
http://www.rightmove.co.uk/property-for-sale/property-49103282.html

 
 

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