I've picked this property out today as my deal of the day as Landlords often ask me what type of property should they buy next for their next investment and my answer is always "two bedroom properties". Flats / maisonettes will always appeal to professional couples who might be commuting, as there is generally no garden to maintain. Houses will appeal to couples or small families, who need a garden.
House Network are marketing the property for £290,000 and you would be looking at a rental figure in the region of £1295 pcm realistically, which would generate a gross yield of 5.3%. This is a great yield and it is very unlikely that you will suffer many void periods as this property is situated close to both Cambridge's city centre and main train station making this a perfect property investment.
http://www.rightmove.co.uk/property-for-sale/property-47826514.html?premiumA=true
No comments:
Post a Comment